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The Founder of Mirror and the Founder of Walker & Company Are Building Businesses to Get People Sitting in the Same Room: Loneliness Is Being Sold as an Investment Category, and Adam Neumann Raised the Most for It

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The Founder of Mirror and the Founder of Walker & Company Are Building Businesses to Get People Sitting in the Same Room: Loneliness Is Being Sold as an Investment Category, and Adam Neumann Raised the Most for It

Brynn Putnam was a ballerina with a few fitness studios, built Mirror - a screen-mirror for exercising at home - and sold it to Lululemon in under three years for 500 million dollars (around 435 million euros) in cash. Tristan Walker built the men's grooming brand Walker & Company and sold it to Procter & Gamble, for a sum reported to be between 20 and 40 million dollars. The two are now building completely different things, but with the same goal: getting people together, without a screen, in the same room.

Putnam is building Board - a table with a 24-inch (around 61 centimetre) touchscreen that recognises physical figures and gestures. Put down a spaceship and something happens; put down a knife and it cuts. Instead of the joystick and buttons the grandson knows and the grandmother does not - objects everybody recognises. The idea, she says, came from home: after two families merged, the household went from three people to seven, and no product on the market let all those ages play together. "How do we use technology to create a shared experience?" is the question driving the project. Mirror, she admits, was built around herself - pregnant, running fitness studios, wanting to bring the workout home. Board is the opposite.

Walker is going in another direction. His Heirloom Craft buys and expands schools of fine craft, starting with a leatherwork school in San Francisco founded by the first American artisan ambassador for Hermès. The motive, he says, is fear of what artificial intelligence is doing to work and to community - that it "steals knowledge" and pushes people apart. His thesis is that America spent 50 years breaking the master-apprentice chain: manufacturing went abroad, manual skill lost its standing, and apprenticeship became the fallback for those who did not get into college. Now, he argues, that is turning: around half of Generation Z and Alpha say they do not want a four-year degree at all. More than half the places in the first school are filled not by retirees but by young tech workers looking for, as he puts it, "a creative outlet with the phone down".

They are not alone. Andy Dunn, the founder of Bonobos, has spent five years building Pie - from an app for finding friends to what he himself calls an "operating system for social life", with permanent digital homes for groups that meet regularly, like running clubs. Audrey Gelman, whose The Wing collapsed during the pandemic amid accusations about the treatment of its own staff, now runs an 11-room inn in the Hudson Valley where once a month there is a murder-mystery dinner: actors sit among the guests and by dessert somebody "dies". According to the New York Times, guests stay in the bar past midnight and swap numbers with strangers.

The money is modest so far by venture capital standards: Board raised 35 million dollars (around 30 million euros), Pie 24 million, Six Bells about 3.8 million, and Heirloom, 11 months old, is not disclosing. The exception is called Adam Neumann. The WeWork co-founder, with his new residential firm Flow - sold on the same message, that loneliness is solved with space - raised more than 450 million dollars, largely from Andreessen Horowitz. More than everyone else in this story combined. The man who once already sold "community" at the price of real estate is selling it again.

The timing is not accidental. Last June the WHO's Commission on Social Connection formally declared loneliness a global health challenge: one in six people on the planet is affected, and the condition is linked to around 870,000 deaths a year. A Harris Poll survey for Marriott Bonvoy found that two thirds of Americans prefer experiences to buying objects this year - and that the same proportion thinks shops all look the same.

Whether "togetherness" becomes its own investment category, nobody knows. Getting strangers to show up for each other is good for society, but it does not multiply like software. What these founders have is that they once already guessed where the game was heading, so investors trust them a second time. In the Balkans this sounds familiar from the other side: the kafana, the courtyard and the table never needed an app. The question is how long it stays that way.