Posted on 11/12/2023 4:53:07 AM PST by Enterprise
1. Getting high on marijuana while flying high on private jets
Neumann had a penchant for pot, many former colleagues have said, and seemed to especially like to partake in marijuana while riding on private jets.
2. Mixing layoffs and tequila
But sometimes alcohol and partying were mixed with work in thoughtless ways. One report said that just weeks after Neumann fired some 7% of his staff in 2016, he addressed the cost-cutting efforts during a somber all-hands meeting, saying it was tough but necessary and the company would be better because of it. He then, however, had employees carrying trays of plastic shot glasses filled with tequila enter the room and soon after had Darryl McDaniels of hip-hop group Run-DMC come out and play a set for the staff as some were still digesting the news.
3. WeGrow, WeLive and other aggressive side projects.
WeWork at one point also decided to take on reinventing childhood education and the housing market.
The company launched a primary school for children in pre-kindergarten through fourth grade in the fall of 2018. The school, dubbed “WeGrow,” was spearheaded by Adam Neumann’s wife, Rebekah, and had the mission “to unleash every human’s superpowers,” the company stated. The school’s tuition started at $36,000. In addition to the traditional curriculum, children were also taught yoga, meditation and farming.
WeWork also launched a co-living experiment in New York City dubbed “WeLive,” which rented out what were essentially hip dorm rooms with loads of amenities to young professionals.
The company eventually shuttered the school and disentangled itself from its housing ventures.
(Excerpt) Read more at cnn.com ...
This should have been a huge red flag for investors.
Wanting to “save the world from people who aren’t them” is always trouble.
I’m working with the national sales director at my employer to plan a sales training for about 50 people for some new products. We want to do it somewhere in the south.
A few days ago, he said “Maybe we could do it at a We Work facility.”
“Ummm, they declared bankruptcy today.”
Talk about great timing.
Adam Neumann sounds bipolar. Self-treats his illness with cannabis and alcohol.
and for good or bad, It can also perminanly effect your brain structure.
the more you smoke it, the more the effects brain chemistry. Which is why most long term users wind up mentally deficient on one way or another. ,
paranoid, schizophrenic, unable to concentrate for even short periods of time.
it has some medical uses, but " chill'n" because you need to chill aint one of them
People love certain types of charlatans, especially once they appear to be vastly wealthy. The worst thing that can happen to these charlatans is to have the reality of their non-wealth exposed. It breaks the spell.
Maybe Rebekah shouldn’t have released every human’s superpowers.
It might even affect your grammar. Sorry, couldn’t resist.
FYI, I represent tenants in the office Market in the southeast United States to find space and negotiate favorable lease terms. If you’re interested in me helping you ping me
At some point WeWork became WeSuck, and the company was never the same after that.
The market for the next Apple or the next Microsoft is insatiable. Promise people that, surround it with hype, glitz and PR and you have the perfect con.
How about free solar and wind power or inexpensive electric cars?
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