WeWork Part Four- I Only See We

Yeet the Rich

Emily Walsh and Daniel Moss

True Crime, Comedy, History

5.0 • 39 Ratings

🗓️ 18 June 2024

⏱️ 81 minutes

🔗️ Recording | iTunes | RSS

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Summary

Finally! FINALLY! The investors have started to realize that WeWork is a financial Black Hole and maybe they should stop giving them money. All of WeWorks life rafts abandon them and they are forced to finally turn to public investments. We learn about their last minute delusional attempt to produce an IPO called Project Wingspan. After their first few attempts fail due to questionable financials and sloppy documentation, Adam is finally forced to resign. And not long after...

Transcript

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0:00.0	But don't be ashamed if you get confused when you talk to your friends or you watch the news.
0:10.0	They try to tell you where all went wrong.
0:13.0	Now you don't need to argue, just sing this song.
0:17.0	It was rich people stacking the dick, rich people with big pack checks, rich people, they're having a ball, rich people been f***ing us on.
0:36.6	Hello, everybody, and welcome back to Yeat the Rich.
0:42.8	We're back, baby.
0:45.1	I am ready to finish this week, work story.
0:49.1	Yeah, I'm done with these guys.
0:50.6	They are frustrating.
0:52.9	Yeah.
0:53.6	They are just, I don't even know. I don't know. This is a great intro. I are frustrating. Yeah. They are just, I don't even, I don't know.
0:56.1	I, uh, this is a great intro.
0:58.0	I'm doing great.
0:58.7	Now I'm caught in spiral.
1:00.1	I think that the biggest problem is that like, just generalized incompetence is not
1:05.1	exactly illegal.
1:06.3	You know, like, you could just like light a bunch of money on fire.
1:09.6	Well, this story is so close to so many other startup stories and like Uber and
1:14.3	Theranos and all these stories.
1:15.6	But I think the thing that's frustrating about WeWork is that he made more money than any of those people.
1:24.1	Like he came out with more money.
1:25.9	Yeah, right.
	...

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