The Rise and Fall of WeWork is a stunning story of hope and hubris. WeWork was the poster child for a new economy. Its founders wanted to revolutionize everything about the way people lived their lives. Its charismatic founder Adam Neumann had an intoxicating vision for the company — but did it ever match the reality?
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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
I talked to death listeners on doktor death. You ve heard about the dire and deadly consequences of medical professionals being dishonest you're, about to hear a special preview of weak crash to show about the forty seven billion dollars worth of repercussions that come from hiding the truth about a cutting edge start up. The Tec darling we work was the poster child for a new economy. We works founders wanted to revolutionize the way people work, how they live sleep and even how they raise their kids. It's cool
Prismatic founder, Adam Newman had an intoxicating vision for the company, but it never matched up with reality from wondering the makers of business wars and dirty John comes. We crashed six part series about the rise and fall of. We work. It's a story of hope in hubris. We crash peels away the layers of how
Women's cult of personality shaped every square foot of we work and how that same, powerful personality destroyed it you're about to hear a preview of the first episode of we crashed.
As your listening be sure to subscribe to, we crashed and other great wonder he shows on Apple podcast, wherever you're listening right now
was June. Twenty seventeen and the Barclay Centre in Brooklyn was packed nearly
receipt of the arena was filled with thousands of brute college graduates and their families, and, looking at all the parent
looking at balloon them see: horns just people smiling. I think I had a small. My fish is probably the whole time while the princess was graduating. Second, in his glass, which meant he had one of the best seats of the house,
I was on stage and that we just like wow I'll, be seated next to you, knows and distinguished people
the year before, Senator Chuck humor had been the commencement speaker. This year, though, was different, because this year the person giving the speech was also gradually just
welcome the new college class of twenty seventy soon as he walked on state
guy long, hair slick back, look like he's a hold up.
Roll out of his trunk and as a guide dog is still a thing for the ceremony, but I think you'd be headed his way. He been a t, shirt and some Vans Adam Newman. All sixty five inches of him had taken fifteen years from his first class to finally get his college degree,
He was you look out at sea of black water boards and clasped his hands together and what looked like a gesture of prayer
it's my honour and privilege to graduate with all of you today. With this
billowing road flowing black hair and arms, outstrip.
Look more like a preacher than what he actually was.
The sea, oh of a multi billion dollar, start up called. We were, and Adam was here to spread. The spirit of we
who is definitely not a traditional commencement speech? Their necks revolution is going to be the we river
and the We revolution is going to be led by the regeneration and the We generation does not discriminate between age, race
under or religion, you're, throwing their hands up their fists. Pumping people are standing up in China. Ma Am, he could think of
somebody being the life of the party he could think of him, so was quoted in the
students, Leslie Adam, told them his story. How,
first moved to New York from Israel to get it agree root out. I spend my
two years in baroque, studying a little bit and parting a lot, but then a close friend of his came from Israel to visit. He looked at me and said: is this why you
this round. Is this why you left your family? You loved ones everyone you care about to go party
city I was inspired by
words and by his horse criticism. I woke up the next morning and said it's time to start my first businesses,
eventually Adam left group behind his business career took on, but he was
today, he said because even after he become a millionaire, all
grandma ever wanted was for him to finish College South Dynasty, who paid for my foot
wish? And she really they want me to graduate so really did, and
kept asking me every year. When are you graduating? When are you graduating- and I said
you know we ve done ever family would build us what we're doing well. No
When are you graduate and I need to hang it up on my bed? It was a good story and Adam was a great story: teller, he commanded a presence, unlike any other, he definitely took everybody's attention. So is this very different, a different kind of message.
We are weak and if we work together, we cannot be stopped. We work
in a sad and found it was more than just accompanied him. Yes,
wanted to become the world's first trillion air, but he also
We believe that his company will fundamentally change not just how people work.
How they live, how they raise children, how they communicate with one another.
Adam believed he was on the brink of making history and in a way you know he was because out of new
was about to preside over the largest fastest, wipe out of shareholder value by a single company since Enron, looking bag,
maybe the most telling moment of hope. Commencement speech was when he shared a story about his first date with his wife, Rebecca, went on the first stage with me.
In five minutes now I say five minutes to be nice, but it surely took ten seconds.
She looked me straight in the eye and she's,
you. My friend are full of that was a preview of we crashed, subscribed today on Apple pie
wherever every year, listening right now hi, I'm Lindsey, Graham
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Transcript generated on 2020-01-30.