Summary
Watch the Apple Original series WeCrashed, starring Jared Leto and Anne Hathaway. Now streaming only on Apple TV+
When Scott Galloway gets his hands on WeWork's IPO filing, he can't believe it. Starting with the words “We dedicate this to the Energy of We,” the document sometimes looks more like a glossy brochure than a dry rundown of the company’s financials. The prospectus raises fears about the company's future and questions about Adam Neumann’s outsized role in the company. And for the first time, Adam doesn't have all the answers.
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Transcript
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| 0:00.0 | Hey, Prime Members, you can listen to We Crash to add free on Amazon Music. |
| 0:04.6 | Download the app today. |
| 0:06.7 | Join Wondering Plus and Apple Podcasts or the Wondering app to binge all six episodes of We Crash to the Director's Cut. |
| 0:14.0 | Add Free. |
| 0:15.6 | A listener note, this episode contains adult language. |
| 0:18.9 | Wondering. |
| 0:25.8 | Summer 2019. |
| 0:28.0 | We work employees were in a car driving east. |
| 0:31.2 | Again. |
| 0:32.4 | At the best of times, the drive from WeWorks Manhattan offices to the Hamptons is a little under two hours each way. |
| 0:39.1 | It can take twice as long with traffic. |
| 0:41.4 | But for some employees, they had no choice but to make the drive. |
| 0:45.4 | Their destination? |
| 0:46.8 | Adam and Rebecca Newman's $8 million home in the exclusive beach side town of Amaghancet. |
| 0:53.2 | Their house was luxurious. |
| 0:55.2 | Seven bedrooms, 7,000 square feet, a pool and a hot tub. |
| 1:00.3 | It was a short walk to the beach where Adam liked to serve. |
| 1:03.6 | Rebecca's cousin, Wineth Paltrow, had a place right next door. |
| 1:08.4 | But the WeWork employees trekking out there hadn't come for a social call. |
| 1:13.2 | They were there to meet with Adam and Rebecca on some important business. |
| 1:17.2 | Project Wingspan. |
| 1:19.4 | Wingspan was the code name for WeWorks S1 filing, the key document they had to prepare before they could take the company public. |
... |
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