In 2018, the flight crew of the private plane Adam Neumann rented for a trip to Israel found a sizable chunk of drugs in cereal boxes.
After this event, WeWork acquired a Gulfstream G650 for $60 million.
I wonder why WeWork was still in losses 😏
Adam Neumann, have announced a new venture called WorkFlow which is basically WeWork's competition.
Basic difference between Workflow and Wework is that WeWork signed long-term leases with landlords, then relied on short-term leases for revenue. On
After spending just 12 minutes in their office...
SoftBank's CEO wrote them a $4.4B check.
Less than 30 minutes later, he invested another $2B.
Here's the sales pitch WeWork's founder used to convince the world's smartest investors to ignore basic
📈Short story of wework
WeWork started in 2010 when Adam Neumann and Miguel McKelvey saw a chance to rethink office space. After the 2008 recession, empty buildings were plentiful, and freelancers needed affordable places to work. They leased floors
In 2018, he threw a $2 million party to show off his startup’s success.
Private jets. Celebrities. Live music.
But just a year later, his over-the-top lifestyle cost his company $47 billion.
Here’s how one CEO’s bad decisions destroyed a billion-d
𝗘𝘃𝗲𝗿𝘆𝗼𝗻𝗲 𝗟𝗮𝘂𝗴𝗵𝗲𝗱 𝗔𝗳𝘁𝗲𝗿 𝗛𝗶𝘀 $𝟰𝟬𝗕 𝗙𝗮𝗶𝗹𝘂𝗿𝗲 — 𝗡𝗼𝘄 𝗛𝗲’𝘀 𝗕𝗮𝗰𝗸 𝗪𝗶𝘁𝗵 𝘁𝗵𝗲 𝗕𝗶𝗴𝗴𝗲𝘀𝘁 𝗩𝗖 𝗕𝗲𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗗𝗲𝗰𝗮𝗱𝗲
In 2019, Adam Neumann became the face of one of tech’s most infamous disasters.
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If you're a founder or building something, WeCrashed is a must-watch!
The story of WeWork and Adam Neumann is fascinating, it shows us not just the highs of visionary thinking, but also the lows of what can go wrong when things aren't grounded in re