He is once again in charge of a real estate organisation, which already has an estimated value of one billion dollars.
It comes nearly three years after he stepped down from WeWork following his failed attempt to take the business public.
Venture capital firm Andreessen Horowitz has invested $350 million into Neumann’s latest startup, known as ‘Flow’.
The co-founder and general partner at the venture capital firm has confirmed the investment, without disclosing exact financial details.
There’s also not much info available about Flow.
It claims it will revolutionise residential housing, but for now, its website just says “Live life in flow” with a launch date of 2023.