Splainer

Wednesday, August 17 2022


Dive In

 

We understand how difficult it is to build something like this and we love seeing repeat-founders build on past successes by growing from lessons learned. For Adam, the successes and lessons are plenty and we are excited to go on this journey with him and his colleagues building the future of living.

That’s what Silicon Valley’s best-known venture capitalist Marc Andreessen wrote in a blog post explaining his company’s decision to plough $350 million into disgraced WeWork founder Adam Neumann’s new company—called Flow. Thanks to Andreesen’s generosity, the valuation of the new residential real estate company jumped overnight to $1 billion. Reminder, Neumann infamously screwed up his company’s IPO—tanking its value from $47 billion to $8 billion—and was so terrible at his job that investors paid him $1 billion to leave. There is surely a lesson in here for startup founders.

 

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Big Story

Splainer is getting ready for big changes!

The TLDR: We’re interrupting our regular programming to tell you all about the big moves that are on the horizon. You don’t want to skip this Big Story.

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In today’s edition

Headlines That Matter

  • A Chinese ‘spy ship’ in Sri Lanka
  • China locks down… again!
  • Tampons for everyone!
  • Thinking is very tiring
  • Say hello to the Tasmanian tiger 
  • Nature is biting back in Japan
  • A big ‘Barbie-Que’ controversy

 

Sanity Break

  • Zayn Malik's cover of the One Direction single ‘Night Changes’

 

A list of curious facts

  • Did you know that the Orient Express is making a comeback? 
  • An anonymous buyer recently bought Adold Hitler’s watch for $1.1 million
  • The exact moment when a US station switched from black-and-white to colour television 
  • The latest entrant in the world of wearables: a portable fan

 

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