Introducing Foundering

Masters in Business

Bloomberg

Investing, Entrepreneurship, Business

4.4 • 2.2K Ratings

🗓️ 26 June 2020

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Summary

Adam Neumann had a vision: to make his startup WeWork a wildly successful company that would change the world. He convinced thousands of other people -- customers, employees, investors -- that he could make that dream a reality. And for a while, he did. He was one of the most successful startup founders in the world. But then, in the span of just a few months, everything changed.

Foundering is a new serialized podcast from the journalists at Bloomberg Technology. This season, we’ll tell you the story of WeWork, a company that captured the startup boom of the 2010s and also may be remembered as a spectacular bust that marked the end of an era.

Catch the first two episodes of Foundering, now available on Apple Podcasts, Spotify, or wherever you listen.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	May 23rd through the 25th, the Qatar Economic Forum powered by Bloomberg returns to Doha,
0:05.9	convening voices that are spotlighting solutions to some of our most pressing global challenges.
0:10.4	Speakers include CEOs from the Boeing Company, Miramax, VinFast, Blockchain.com, Sundance,
0:16.4	Institute, and more.
0:17.6	Join over 500 international executives leaving the conversations to put consumers and technology
0:22.8	at the forefront and drive resilient economic growth into the next decade.
0:26.9	Visit QatarEconomicForum.com to learn more.
0:29.9	Everyone was too bright-eyed and too eager.
0:36.4	And we chanted, we work, we chanted, we work, we work, and then we hit a gong.
0:43.9	Not that long ago, Adam Newman was one of the most successful startup founders in the world.
0:50.6	He was a visionary leader who said he was going to overturn a trillion dollar industry.
0:56.2	If we work, we really strive to help you as much as we can.
0:59.6	Focus on doing what you love.
1:01.4	Create your life's work and let us take care of the rest.
1:04.9	Venture capitalists were falling all over themselves to invest in his company.
1:09.9	We work as revolutionized the leasing of office space.
1:13.1	Ten billion dollars invested in this company.
1:15.4	It's the second largest venture capital investment of all time.
1:20.1	He ran the most valuable startup in America.
1:23.4	And he pitched that he was going to revolutionize your work life.
1:27.2	It sells fun.
1:29.2	I mean, it sells excitement.
	...

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