Close Menu
  • Home
  • United States
  • World
  • Politics
  • Business
  • Lifestyle
  • Entertainment
  • Health
  • Science
  • Tech
  • Sports
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release

Subscribe to Updates

Get the latest USA news and updates directly to your inbox.

What's On
I’m Ditching Jeans for These Flowy Spring Pants That Are Way More Flattering — From

I’m Ditching Jeans for These Flowy Spring Pants That Are Way More Flattering — From $17

April 3, 2026
How to watch Texas vs. UCLA in Women’s Final Four for free: Time, livestream

How to watch Texas vs. UCLA in Women’s Final Four for free: Time, livestream

April 3, 2026
Ex-WWE employee shares shocking new details in sex abuse lawsuit against Vince McMahon

Ex-WWE employee shares shocking new details in sex abuse lawsuit against Vince McMahon

April 3, 2026
Facebook X (Twitter) Instagram
Trending
  • I’m Ditching Jeans for These Flowy Spring Pants That Are Way More Flattering — From $17
  • How to watch Texas vs. UCLA in Women’s Final Four for free: Time, livestream
  • Ex-WWE employee shares shocking new details in sex abuse lawsuit against Vince McMahon
  • Hegseth’s ‘paranoia’ of being replaced explains purge of top general — as ally emerges for Army secretary’s role
  • Trump to sign executive order targeting NCAA authority in college sports
  • ‘Fire Country’ Stars Reveal Biggest Challenge During ‘Gigantic’ Crossover With ‘Sheriff Country’ (Exclusive)
  • Tiger Woods’ private jet lands in Switzerland after DUI arrest
  • The ‘hybrid’ fitness trend is taking off — why it’s more efficient than other workouts
  • Privacy
  • Terms
  • Advertise
  • Contact Us
Join Us
USA TimesUSA Times
Newsletter Login
  • Home
  • United States
  • World
  • Politics
  • Business
  • Lifestyle
  • Entertainment
  • Health
  • Science
  • Tech
  • Sports
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release
USA TimesUSA Times
Home » AI billionaires still living with roommates in San Francisco as housing crisis grips city
AI billionaires still living with roommates in San Francisco as housing crisis grips city
Business

AI billionaires still living with roommates in San Francisco as housing crisis grips city

News RoomBy News RoomJanuary 5, 20261 ViewsNo Comments

The co-founders of Harvey, a red-hot legal AI start-up now valued at $8 billion, live together with a third roommate in San Francisco even as their company vaults them into the upper echelons of Silicon Valley wealth.

Winston Weinberg, 30, Harvey’s co-founder and chief executive, shares an apartment with his co-founder Gabe Pereyra, 34, and another roommate.

“Yes, Gabe and I still live together with one other roommate,” Weinberg said in a Monday statement to The Post.

“It’s not a statement in any way, but more of a reflection of the fact that our lives haven’t changed much – we are still focused on building a great company and putting in long hours to make that happen.”

The living arrangement highlights the grinding reality of getting by in San Francisco, where eye-popping tech valuations collide with one of the worst housing-affordability crises in the country.

“The focus of any cost of living debates in major US cities should be on the people who need it most, not on anyone lucky enough to be building a company,” Weinstein said.

“With that said, we care about this issue a lot because it impacts our employees both current and future that is the most important consideration for us.”

Harvey, which builds generative AI tools for lawyers, has become one of the fastest-rising stars of the artificial intelligence boom.

Founded in 2022, the company raised money three times in 2025 alone, with its valuation jumping from $3 billion in February to nearly three times that by year’s end.

The surge turned Weinberg and Pereyra into billionaires almost overnight.

“Yeah, sure it’s in the billions, but it’s on paper,” Weinberg recently said of his wealth to the New York Times.

Harvey is based in San Francisco, where home prices and rents have soared for years as waves of tech wealth poured into a city with chronically constrained housing supply.

Weinstein told The Post that the company plans to hire “a significant number of people” in San Francisco — along with New York City “and all of our global markets.”

As of late 2025, the median home sale price in the City by the Bay hovered around $1.49 million, up more than 10% from a year earlier. Median rents for a one-bedroom apartment topped $3,500 a month.

Even for high earners, the city’s housing market has become punishing. Years of restrictive zoning, long permitting timelines and high construction costs have limited new supply, while tech-driven job growth has fueled demand.

In 2024, only about 1,600 new homes were built in the city — the lowest number in more than a decade.

The result has been widespread displacement and deepening inequality. Non-tech workers and lower-income residents have been pushed out as prices climb, while homelessness remains stubbornly high.

More than 8,300 people experienced homelessness in San Francisco in 2024, according to the local government.

City leaders have rolled out policies aimed at easing the crisis, including rent control for some units, inclusionary zoning rules and efforts to increase density.

Late last year, officials passed a sweeping “Family Zoning Plan” designed to allow more housing in traditionally single-family neighborhoods.

The Post has sought comment from Harvey.

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Ex-WWE employee shares shocking new details in sex abuse lawsuit against Vince McMahon

Ex-WWE employee shares shocking new details in sex abuse lawsuit against Vince McMahon

Here’s how much an Easter basket will cost you as food inflation remains ‘staggering’

Here’s how much an Easter basket will cost you as food inflation remains ‘staggering’

Inside the Stablecoin stampede, as mainstream financial giants rush to cash in on the crypto coin

Inside the Stablecoin stampede, as mainstream financial giants rush to cash in on the crypto coin

Why prediction markets are attracting the interest of Wall Street — and law enforcement scrutiny

Why prediction markets are attracting the interest of Wall Street — and law enforcement scrutiny

Apple’s fitness chief who joked to employees about sleeping with Olympic skier retires: report

Apple’s fitness chief who joked to employees about sleeping with Olympic skier retires: report

Paramount president Jeff Shell negotiates exit after accusations of leaking secrets: report

Paramount president Jeff Shell negotiates exit after accusations of leaking secrets: report

What a little-noticed bond offering reveals about Harvard’s war with Trump

What a little-noticed bond offering reveals about Harvard’s war with Trump

Meta lays off hundreds as tech giant continues AI investment

Meta lays off hundreds as tech giant continues AI investment

US employers add 178K jobs in March in stronger-than-expected report

US employers add 178K jobs in March in stronger-than-expected report

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

How to watch Texas vs. UCLA in Women’s Final Four for free: Time, livestream

How to watch Texas vs. UCLA in Women’s Final Four for free: Time, livestream

April 3, 2026
Ex-WWE employee shares shocking new details in sex abuse lawsuit against Vince McMahon

Ex-WWE employee shares shocking new details in sex abuse lawsuit against Vince McMahon

April 3, 2026
Hegseth’s ‘paranoia’ of being replaced explains purge of top general — as ally emerges for Army secretary’s role

Hegseth’s ‘paranoia’ of being replaced explains purge of top general — as ally emerges for Army secretary’s role

April 3, 2026
Trump to sign executive order targeting NCAA authority in college sports

Trump to sign executive order targeting NCAA authority in college sports

April 3, 2026

Subscribe to News

Get the latest USA news and updates directly to your inbox.

Latest News
‘Fire Country’ Stars Reveal Biggest Challenge During ‘Gigantic’ Crossover With ‘Sheriff Country’ (Exclusive)

‘Fire Country’ Stars Reveal Biggest Challenge During ‘Gigantic’ Crossover With ‘Sheriff Country’ (Exclusive)

April 3, 2026
Tiger Woods’ private jet lands in Switzerland after DUI arrest

Tiger Woods’ private jet lands in Switzerland after DUI arrest

April 3, 2026
The ‘hybrid’ fitness trend is taking off — why it’s more efficient than other workouts

The ‘hybrid’ fitness trend is taking off — why it’s more efficient than other workouts

April 3, 2026
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
© 2026 USA Times. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.