The Spectacular Rise and Fall of WeWork

Correspondent Seb Walker examines the spectacular rise and fall of WeWork, and delves into the world of venture capitalists willing to gamble billions on the next big startup.

This segment is from the show ‘VICE’ and originally aired in April 2020. Since then, WeWork declared bankruptcy and former CEO Adam Neumann has attempted to buy the company he was ousted from.

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[RickR]

Vice should do one on the spectacular rise and fall of Vice.

[swedesam]

Cult leaders and gurus all have great talent at salesmanship.

[bravethomasyt]

"Make the world a better place" by essentially sub-letting office space. What a joke :D

[Grimmtht]

Very strange/inappropriate you were required as an employee to attend an alcohol fulled cochella festival.

[GeorgeCruickshank]

Every clip of him talking gives off intense conman vibes, do people on Wall Street just not have this instinct?

[MrPacosTacoz]

Why is vice posting a 4 year old Bloomberg original?

[Nihil]

WeWork is proof that not all investors are smart. Who the hell looked at WeWork's pitch of leasing property and then renting said leased property out to other companies, and thought this would be a money making machine? Also, since when it renting out office space con furniture a groundbreakingly new business model?

[ilirlluka]

Omg "we all have superpowers, you have a superpower, and you have a superpower, and you have a superpower", that is so so cringe my spine is strangling the back of my stomach. Every time I hear that expression I am reminded of the emptiness behind the eyes of all CEOs and tech entrepreneurs.

[hagakuru]

Comes off as borderline being a cult with employees being cult members pushing the agenda of their messiah.

[yaredyoseph]

I recommend people to read the book " The Billon Dollar Loser" to get a good picture about how much WeWork was chaotic place to work at with zero innovation.

[charmedkitten]

The moment he started speaking, it gave Fyre Festival vibes. Also, is this what Entertainment 720 was supposed to be on Parks N Rec😆

[Rippypoo]

I watched this whole video, and never heard what WeWork's PRODUCT was. This is one of the reasons why this world is in such an economic mess.

[TomCook]

12:55 for those of you that are still confused about what Adam did it’s basically like this; your parents give you $10 to open a lemonade stand. That money is so you can buy lemons and sugar. But instead of doing that, you buy play-doh so you can play with it. That’s called defrauding investors. Your parents gave you that money expecting you to spend it on the things you needed to open a lemonade stand.

[metavatar]

Lol Lisa seems to still be drinking the WeBull

[MathieuRouland]

I used to work at VICE FRANCE inside a wework office in Paris - they had to change their "free beer everyday" policy for "only on fridays" - we were savages

[NightSentinel]

Modern companies are no longer about having good to great products. It's all about selling an idea and brand. Always ask if X company is solving real issues or creating a problem and "solving it".

[TomNook.]

Focus on the investors, how can such a shady guy keep getting so much funding?

[someguyonhisphone]

One of the companies who rented a WeWork office in San Jose scammed me out of $1400. The company name was TV Asia.

[StreetPhilosophyTV]

Kudos to Vice for having the cojones to use the exact same title as a Bloomberg video

[dyskelia]

‘Respect the entrepreneurs’ only if they respect the workers 😒😒