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Adam was often saying
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WeWork: or The Making and Breaking of a $47 Billion Unicorn

Adam was often saying, "Oh, and people are postingjob opportunities and connecting with...

Adam was often saying, "Oh, and people are posting
job opportunities and connecting with each other
on the platform." ALEX:They had acquired a bunch
of interesting technologies and were stitching together
what might have been by far the most comprehensive tool
for how people work

Full Transcript

00:00:01.000 --> 00:00:02.395
- Adam was often saying,
00:00:02.419 --> 00:00:04.896
"Oh, and people are posting job opportunities
00:00:04.092 --> 00:00:07.107
and connecting with each other on the platform."
00:00:07.131 --> 00:00:10.694
ALEX:They had acquired a bunch of interesting technologies
00:00:10.718 --> 00:00:13.489
and were stitching together what might have been by far
00:00:13.513 --> 00:00:17.001
the most comprehensive tool for how people work.
Duration
17 seconds
Views
27
Timestamp in Movie
01:07:09
Uploaded
May 10, 2025
Genres
documentary
Production
Campfire Studios,Olive Hill Media,Forbes Entertainment

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Movie Summary

An account of the six-week death spiral that brought down the company's IPO, a behind-the-scenes look at WeWork's frat-boy culture.
We're using our video cameras to actually see where interactions are happening. - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:04
We're using our video cameras to actually see where int...
And our entire process is built to make our members more successful. - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:06
And our entire process is built to make our members more suc...
ALEX:The cynical read, of course, is, - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:09
ALEX:The cynical read, of course, is,
But I think that, you know, when companies are private, - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:09
But I think that, you know, when companies are private,
And we index and crawl public information from the Web. - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:06
And we index and crawl public information from the Web.
Our bots just happened to add WeWork into our list of companies, - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:11
Our bots just happened to add WeWork into our list of compan...
WeWork painted themselves as this company that was growing extremely fast, - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:11
WeWork painted themselves as this company that was growing e...
But using data on the public Web, - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:10
But using data on the public Web,
And we did see that the churn rate had increased - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:07
And we did see that the churn rate had increased
The other trend we found was - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:07
The other trend we found was
When you call yourselves a technology company, - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:13
When you call yourselves a technology company,
[keying on keyboard] - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:07
[keying on keyboard]
Then, about three hours later, WeWork sent us an email - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:10
Then, about three hours later, WeWork sent us an email
And then the community manager stopped by to our office. - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:07
And then the community manager stopped by to our office.
And she says, - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:18
And she says,
SCOTT:I first read about WeWork when they raised money on SoftBank, - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:09
SCOTT:I first read about WeWork when they raised money on So...
And at that point they had about 200 locations. - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:04
And at that point they had about 200 locations.
I went through and looked at the buildings - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:06
I went through and looked at the buildings
And I determined at that valuation - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:11
And I determined at that valuation
And I said that WeWork was the most overvalued private company in the world. - WeWork: or The Making and Breaking of a $47 Billion Unicorn 00:07
And I said that WeWork was the most overvalued private compa...