Andreessen Horowitz is now openly courting capital from Saudi Arabia, despite U.S. strains.
According to Bloomberg, Marc Andreessen and Ben Horowitz appeared on stage with WeWork co-founder Adam Neumann to talk for at least the second time since November about their firm’s $350 million investment in Flow, which is Neumann’s new residential real estate company. Their choice of venue was intentional: the conference was organized by a nonprofit backed by one of Saudi Arabia’s largest sovereign funds, and Flow may launch in the Kingdom, says Bloomberg. Meanwhile, the three reportedly laid it on thick, with Horowitz praising Saudi Arabia as a “startup country” and saying that “Saudi has a founder; you don’t call him a founder, you call him his royal highness.”
Said Neumann separately: “It’s leaders like his royal highness that are actually going to lead us where we want to go.”
We’ve reached out to Andreessen Horowitz with related questions this morning and have yet to h …
