4.6 • 668 Ratings
🗓️ 19 April 2021
⏱️ 8 minutes
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0:00.0 | Our mission is creating a world where people make a life and not just a living. |
0:05.0 | Now, Wendy, this is actually a documentary you told me about. |
0:09.0 | And it's just like perfect fodder for discussion because, I mean, I loved watching it. |
0:14.0 | It's incredibly entertaining. |
0:16.0 | But for reasons that I think we've already at least kind of implicitly alluded to, |
0:20.0 | there are actually a lot of problems |
0:22.0 | with this documentary and its outlook. I don't know. I'm not sure where the best place to begin is, |
0:27.6 | but maybe we should just talk about what the hell WeWork is and kind of what the story was there |
0:33.3 | a little bit. So, Wendy, to the lay person who's never heard of WeWork, what was this thing? |
0:38.3 | I'll try to give my like 30 second explanation. WeWork was a company that built itself as a tech |
0:43.2 | startup, even though it was really more of a real estate company. And a lot of interviews, you know, |
0:49.2 | people would say like, aren't you more of a real estate company? But it was founded by this guy, |
0:53.2 | Adam Newman, who, as you mentioned, had some weird, you know, |
0:56.5 | things before we were kind of like Billy McFarland, who's the Fire Festival guy. |
1:00.7 | Adam Newman had this thing that made knee pads for babies. |
1:04.9 | And the tagline was like, just because they don't tell you, doesn't mean it doesn't hurt, |
1:08.1 | which feels like a joke from friends. |
1:10.3 | And so it's |
1:10.8 | really funny that he thought this was like an actual startup. He had something that he called a |
1:14.5 | collapsible women's shoe, which like I did a deep dig and I still can't figure out what that |
1:19.2 | was supposed to be. Yeah. So this guy was clearly just like has entrepreneurial blood. He really |
1:24.2 | wanted to make something, you know, he really wanted to become someone. And somehow he was in a position where he was able to create this co-working space, a company. I think it was something, it was one of this, at least the story he tells of it, is that it was like serenipity, as opposed to something he had really thought that much about. It was more just like, oh, we could just do it. |
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