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Lost Debate

Lessons from WeWork’s Fall (With Jamie Hodari)

Lost Debate

The Branch

News, Politics, Society & Culture

4.6607 Ratings

🗓️ 12 September 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

Ravi interviews Jamie Hodari, the founder of Industrious, one of the world’s largest flexible workspace providers. Ravi and Jamie discuss a sustainable path for startups in the era of VC money, the future of office work, and some wild run-ins with WeWork’s Adam Neumann. New episodes of Sweat the Technique drop every Wednesday here. Leave us a voicemail with your thoughts on the show! 321-200-0570 Subscribe to our feed on Spotify: http://bitly.ws/zC9K Subscribe to our YouTube channel: https://bit.ly/3Gs5YTF Subscribe to our Substack: https://thelostdebate.substack.com/ Follow The Branch on Instagram: https://www.instagram.com/thebranchmedia/ Follow The Branch on TikTok: https://www.tiktok.com/@thebranchmedia Follow The Branch on Twitter: https://twitter.com/thebranchmedia The Branch website: http://thebranchmedia.org/ Lost Debate is also available on the following platforms:  Apple: https://podcasts.apple.com/us/podcast/the-lost-debate/id1591300785 Google: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vTERJNTc1ODE3Mzk3Nw  Stitcher: https://www.stitcher.com/podcast/the-lost-debate iHeart: https://www.iheart.com/podcast/269-the-lost-debate-88330217/ Amazon Music: https://music.amazon.co.uk/podcasts/752ca262-2801-466d-9654-2024de72bd1f/the-lost-debate

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, everybody. This is Robbie Gupta, the co-host of The Lost Debate Show. And if you're listening to this, this is a special episode that is going to be cross-promoted with a show that we have at the branch called Sweathe Technique. And Sweathe Technique is all about how do you get better, faster? And it's hosted by me and a bunch of veteran educators and in this episode

0:21.7

I interview a good friend of mine who started a super successful business and

0:26.0

he's done it alongside a competitor in WeWork that you'll know really well and so

0:31.4

I think you're gonna really enjoy this episode it gets to the sort of practice of

0:35.2

running a business and what does it mean to be a strong leader which is really really sweat the technique territory. So you can go over there to listen to more of that type of content,

0:42.3

but also involves issues of policy, economics, and current events, which is why it's also here on the lost debate feed.

0:50.3

So enjoy this episode.

0:59.2

Jamie, welcome to the podcast.

1:00.5

Thanks for having me.

1:03.7

So Jamie, explain the beginning of this whole story, right? So you were running a non-profit organization called Kepler, which in its own right was doing

1:08.5

amazing things.

1:09.3

And I'm sure you learned a lot from that experience. But you, on the side, we're starting to dabble in the world of this sort of budding,

1:17.3

co-working industry. So take us back to that place and time. Can I describe the current moment

1:22.7

for 30 seconds before taking us all the way back? Yeah. This is a very interesting time to be having this conversation because it is on the eve of we work, our largest company. There's basically three global companies in the space. Us, we work in a company called IWG. We work as, of course, the most iconic and they're about to go bankrupt. So it's an interesting time to think back to the trajectory of this business,

1:44.4

the trajectory of their business, where did things diverge? How do we get to this moment?

1:49.6

But we were just having breakfast this morning and you were saying, I really like how Rafa Nadal

1:54.6

after each tennis match always spends a lot of time complimenting his competitor even when he beat

2:00.2

them. So I definitely want to avoid, you know, thank you, you know,

2:03.9

I shouldn't have said that.

2:04.9

I shouldn't have said that.

2:07.1

Dunking on Wii work.

2:08.4

But, okay, so to go back to the beginning, I was running a nonprofit and education

...

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