How a16z’s investment into Adam Neumann further solidifies the ‘concrete ceiling’

Image Credits: Michael Kovac / Contributor / Getty Images

The fundraise was heard on the social networking site.

Adam Neumann, the founder of WeWork, raised $350 million for a new real estate company. The investment gave Neumann's latest venture a more than $1 billion valuation, as reported by The New York Times.

It is the largest individual check a16z has ever written and the second time the firm backed a Neumann- founded company.

AppleTV+ did that already in the mini-series "WeCrashed", so there is no need to revisit Neumann's past mistakes. He led his company to a disastrous IPO because of his calamitous tenure at WorkWork. He walked away with a large exit package. The announcement of his a16z round reminded him that he is still failing up.

Nicole Tinson said that the news of Neumann's raise was not shocking. Discrimination in funding is just as bad as discrimination in any avenue.

One cannot out-educate, out-network and out-assimilate the systemic barriers designed to discriminate against them.

Reality was put in a bad light by the news. Women are tired of shattering glass ceilings. The concrete ceiling is so strong that it cannot shatter like glass and is sturdy like concrete and must be drilled through to reach it.