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Foundering

Introducing Foundering

Foundering

Bloomberg

Business, Tech News, Technology, News

4.71.1K Ratings

🗓️ 11 June 2020

⏱️ 4 minutes

🧾️ Download transcript

Summary

Foundering is a new serialized podcast from the journalists at Bloomberg Technology.

Transcript

Click on a timestamp to play from that location

0:00.0

Everyone was too bright-eyed and too eager and they we chanted we work we

0:08.7

chanted we work and then we hit a gong.

0:11.9

Not that long ago, Adam Newman was one of the most successful startup founders in the world.

0:20.0

He was a visionary leader who said he was going to overturn a trillion dollar industry.

0:26.0

If we work, we really strive to help you as much as we can.

0:30.0

Focus on doing what you love.

0:32.0

Create your life's work and let us take care of the rest.

0:35.1

Venture capitalists were falling all over themselves

0:38.4

to invest in his company.

0:40.2

We work has revolutionized the leasing of office space.

0:43.1

10 billion dollars investing in this company.

0:45.5

It's the second largest venture capital investment of all time.

0:50.2

He ran the most valuable startup in America, and he pitched that he was going to revolutionize your work life.

0:57.0

It sells fun. I mean, it sells excitement. You don't even have to go out to a bar or a club. We will bring that all to your

1:06.2

office space where you sit and do work. The bar is now at your desk.

1:11.4

So when you first walked in, you're like,

1:12.6

dude, this place is awesome.

1:14.0

Like, what is going on?

1:15.8

But as Adam raised more and more money,

1:18.8

things started to get strange.

1:21.3

You know, if Adam was coming down the hall, it's like every executive's

1:25.4

butt hole titans, like everybody just got really like, oh my God. He started

...

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