Adam Neumann in His First Public Interview Since Leaving WeWork | DealBook Online Summit
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- čas přidán 8. 11. 2021
- On the heels of WeWork’s long-awaited public offering, Adam Neumann the co-founder and former C.E.O. of what was once the most valuable start-up in the world speaks out on his tumultuous quest for workplace utopia, the lessons he’s learned and his own next act.
Read our takeaways from the conversation. www.nytimes.com/2021/11/09/bu...
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this is just a guy who learned exactly how to sound "humble" and "understanding" but it still feels scammy whenever he honeymouths
Pretty charismatic. I can see how that helped him lead people to run his vision.
I trust him
Nothing about this person is humble . ..
I thought Jared Leto's interpretation of Neumann was almost a caricature, but man he NAILED this guy. You gotta give it to Adam, he certainly knows how to pitch, persuade and talk to his audience.
He's a sociopath. Lying and stealing is like breathing.
I was just about to write a comment like this. Neumann is a total character, it’s all so deliberate and weirdly magnetizing
It did feel like a parody but there is something you like about Leto in it and I think its his humour
My big takeaway from this whole thing is that Adam understands.
🤣
🤣🤣🤣🤣🤣🤣🤣🤣
I cheated on my wife, when we sat down to speak about it I said ….. first I want to say I understand
@@joshua-nf3rx 🤣
😂😂😂😁😁😁
Man, Jared Leto is one of the most talented actors I’ve ever seen. His impression of Adam is absolutely perfect, I’m amazed 🤯🤯🤯
I think Leto's version was more over the top than the real version of Neumann, but it worked very well for entertainment purposes.
@@Darkest_Soul_187 yoganini?
I'm not even a fan of his and I agree 100%. He's flawless in this role
100%. Brilliant
Adam is a great actor too! What other skills would he have?
Dude just 100000% convinced me the private jet was as essential to wework’s success as water is for human life. Woah. Awesome.
czcams.com/video/hiHghDYvpBU/video.html
That’s what I said lol
not a fan of the guy but he's explanation makes total sense. The guy had 110 offices around the globe, and was visiting them all. Almost all Fortue500 companies have private jets
he didn't convince me at all .... he's bullshitting straight-up.
u've got a lot to see in life bro
At what time it is during the interview ?
Adam should write his own Carnegie book, 'How to win friends and influence people: the Wework way'
"How to Kick Employees Out of Your Maybach in LIE Gridlock and Make Them Get in Another Car"
Expect that to be a best seller-all bought by him
I would read that book.
a special book for all of you Wewankers
@@Domestikos88 hahahahaa
i read the comments, and it baffles me to see the admiration that people feel for an individual who has no integrity. It says a lot about the general values of our society. fascinating.
i second this. it actually is baffling.
I'm curious, why do you say he has no integrity?
@@2b3pro probably because of how he ran the company.
He is great at sounding intelligent. He must have read a lot as a child, and must be very intuitive on what people want to hear.
Yeah, sadly it doesn’t surprise me. Not these days when emotion is actively encouraged to run wild and logic is a dirty, offensive question.
This guy is one the greatest salesmen of all time. He screwed over COUNTLESS people, acted like a complete fool, spent Billions of investors money irresponsibly--yet he still comes across so eloquently. This is interview is beyond impressive. Many others would have crashed and burned from these questions
Members of the same gang putting on a show. This is likely all scripted. Written by a greasy PR firm.
It just means he is a sociopath lol
It’s called ignorant, blissful narcissism
it's called being a fuqqin Jew... It's what Jews do...
You know NOTHING about finance !
He is a well prepared charlatan
most charlatans are .well said.
100%
Adam is dodging bullets better than Neo in Matrix
😂😂😂
Jared Leto made a great job portraying Mr.Neumann in the show.
Tremendously uncanny
Hahaha 🤣 went there after viewing the show.
@@lelouchdibritannia4508 We Crashed on Apple TV
@@lelouchdibritannia4508 We Crashed on Apple TV +
horrible job
Forget about WeWork here. His communication style is masterful. By studying the way he communicates I can now understand why people overpaid to invest.
Adam seems like the kind of guy who could convince you to give him the shirt off your back while his team of bandits is robbing your house.
That’s basically what he did.
Jay how about this: The thugs you see in rap videos have got nothing on this guy. He’s the real OG. Adam will jack you up worse than a street punk with an uzi. When he’s done you’ll be left with nothing but your underwear on. A true psychopathic maniac.
so true
@@TheAnalystradioprogram Dude, you talk like you know him personally. Relax.
@@AS-fd9jc Looks like an insider made his way into this thread to try and clean up Adams dismissal reputation. Now that I know your someone who knows Adam do me a favor. Tell him I said “You can’t wash off your ugliness no matter how much money you steal, it’s obvious you hate yourself”
Without knowing the context of WeWork, if you take ordinary guy watching this clip, they're gonna say that this guy is a brilliant speaker. Body language, intonation, sentences, all perfect.
That’s part of the reason how he was able to fool people for so long…
@@whywelovefilm7079 poor management, bad business model. But the guy is world class salesman.
@@whywelovefilm7079 See people are believing in the wrong people hahahaaa only looking on the surface, so stupid. Could see right through him from the start
Really? I see a cult leader right away that would attract the type of people that would be attracted to cults like NXIVM .
Maybe he took lessons from Elizabeth Holmes.
This guy is scary because he is so good. I’m not easily duped but I could see myself getting sucked in to something like this. The idea was brilliant and he is the type of leader you could gravitate towards easily. I wouldn’t be surprised if he does this again with the same result.
So true 💯 percent he is so CONvincing & has so much CONfidence it’s scary!
I do see how truly savvy experienced business professionals were duped he is THAT good!
Adam *Profession in german/Expensive metal/Plural* Mann/Berg/Steinn
Never trust these kind of Thing.
lol
Yea no doubt, this guy is a future cult leader i swear, i hope "Adams Town" turns out better than Jones Town did lol
carismatic bullshitter hahahaha
One of the best salesmen I have seen. He can sell the trailer to any movie made. He is very convincing and has a presence that can make you want to listen to anything he says.
Dude walked out with $1.7 billion I saw on another video
@@mohammadwasilliterate8037 lol aww you saw on another video? did you watch that video all by yourself incel?
He is fraudulent. We should hold him and the bank liable for the negative economical and social impacts they did
But itsn't it the job of every good businessperson and all of us to suss out frauds like this guy and look behind his beautiful presentation for the grift?
My friend worked for WeWork and believed in the company and its leader. She came out very traumatized , broken down and cynical. One should look at Adams action- not his words... And wonder why he still gets airtime. He is the emblem of " silicon valley-ish" millennial entrepreneur with a god complex.
The term 'San Francisco Narcissist' is a thing. (Yes, can still apply to New Yorkers).
I'm kind of stunned that the interviewer is so persistent and naive about employees getting hosed on stock options. This happens *all the time*.
Yes. It’s eerie to me how people like Adam do not seem to care about the people they knock down (and often destroy) on their way to the top. Elizabeth Holmes is a similar figure that comes to mind. The humanity in the way they do things is simply not there.
He's a part of the globalist agenda of mind manipulation, your friend was a very unfortunate casualty. The cabal do not care about the victims.
Yeah his whole vibe scream FRAUD AND AHOLE WHO DOESN'T CARE ABOUT ANYONE BUT HIMSELF. How can this person have made so many believe his BS??? He is clearly lying
becoming a person with god complex is not easy lol
A stellar example of PR spin mastery... rhetorical guruism.
Your description is awesome.
@@TheAnalystradioprogram Most of his responses to the questions begins with "I understand..." - how everyone else is perceiving me and the situation incorrectly, ha!
Absolutely.
Goldin Solution at work
He is scary good at this. It is indeed fascinating.
Adam is the king of spin. Great media training. He prepared very well for this interview.
He’s so fake
I'm learning from this man ;p
@@maryem7186 nope...he is just speaking to really dumb people. we might have overestimated the crowds, the guy is a total nonsense...dull a.f. and really going on about stuff that he obviously knows nothing about. nothing to learn from this guy only that if you want to succeed you actually have to be the dumbest person in the room...
Not really. His eyes dart downward and he speaks in extremes, i.e. overly, consistently positive for no reason. Those are big tells.
I wondered if one of the conditions of this interview was that he got the questions in advance ?
Dude is an absolute genius when it comes to speaking. He makes me think he did nothing wrong and didn’t screw over hundreds of his employees……even tho he did
People like adam; EXTREMELY good speakers. Are amazing at reading emotions in my opinion. Another person that comes to mind is Adolf Hitler. These individuals need to be watched 24/7 👀. Bernie madoff is another.
proves how gullible you are
🤣🤣🤣
How did he screw them over? Many employees made a lot of money. Some didn’t but the company’s value went down, and that isn’t fraudulent - it happens to many companies. Look at the 2022 stock market.
@@Prxyshj it's not just that the value went down. The reason value went down was as a result of the Epiphany that the per-unit numbers were not as glamorous as they were made out to be. The company was fundamentally unprofitable and the model was exposed to be much less sustainable than it was sold to be.
man he is very good at public speaking, he can answer any question and make it sound sweet. no wonder masa and all the other investors believed him.
All of these type of people are. It’s almost as if Adam casts a spell as he’s speaking. This is a useful skill but also one to be weary of. He says everything and nothing at the same time. It’s a good reminder to always think for yourself.
a talent for fully dodging the questions and making the "answers" sound satisfactory
How could no one see he was a LIAR? Because no one can read intent except a rare few. His intent was written all over him in invisible ways
masa mistakes his luck for success
sweet? the way he answers the questions is obviously manipulative and dodgy. he just does it in a calm voice but i guess that's all it takes to convince most ppl then? LMFAO
Man this guy has an answer for everything. Just ask him “Have you ever done anything wrong” ???
He's going to reply: I understand 😂
The man clearly admitted fault all the way through the interview, “my lesson for the future is X” is stating he would do the action differently / made a mistake initially
@@TheSpdrstar You are gullible. I’ve got a bridge to sell you.
"I understand that you could think that way and it's really unfortunate."
@@superpirate So you are in love with Adam? You want to be a scammer piece of trash like him hunh?
Wow, Jared Leto nailed adam's accent! it's spot on!
Just saw the first episode of WeCrashed. Adam should be a University professor on PSYOPS.
He puts on a clinic for snake oil salesmanship. One of the best I've ever seen. The absolute king of spin. Sorkin is my favorite interviewer- I think he was fair and tough.
I don’t understand how people can call WeWork snake oil 😂. It’s clearly valuable
You look as if Warren Buffet and David Letterman had a son
@@jimmyneutron4329 Fantastic! Two of my idols. Most people say I look like Christoph Walz
Some people just have that sales skill, it's part of who they are lol
@@TheSpdrstar i can take a dump that is valuable but would you buy it? probably not.
This guy spent the past 2 years practicing this interview and doing nothing else apparently
He’s been busy trying to greenwash crypto. Nothing suspicious there
😂 Yup
And you know because you have built Unicorns has a hobbie, right?
@@businessscalers6076 I'm just saying his answers were suspiciously impeccable
@@MikeOnTheInterwebs Your right, sorry for being an A Hole.
“The concern is you extracted a billion dollars when the company otherwise would have been bankrupt…”
“I understand. Thank you for clarifying. That didn’t happen.” 🤣🤣🤣
"This feeling of calmness"....A billion dollars coming your way....these people are brilliant.
This guy will do well in the metaverse world
😅😅😅😅😅😅
Honestly, Wework's evaluation was just one of many companies, with a high evaluation and zero profit. I think twitter's first profitable year was 2019, and I'm not sure if it has been profitable too many times after... Anyhow, I think sillicon valley runs on snake oil...
This aged well
@@Dreynox why's that? Is he doing Metaverse?
i cant already feel how i will lost 50k investing in this guy just to him to talk his way out in 2040
He "understands."
All that is needed "I f'ed up, I learnt alot about myself, yeah, I am a narcissist sociopath, I played the game and personally won, its the game, its not fair, it is what it is". This guy can talk. Lawyer, CEO , politician perfection. These people rise to the top in our society....and we wonder why society seems so unfair
“First of all, I understand..” 😵💫
- Adam Neumann.
This video is a masterclass on how to deliver perfect answers to tough questions.
Or give a bunch of fluff without saying anything meaningful
Tony Robbin's using the same tools. Also crap.
A psyco praising another psyco.
They weren't perfect, he dodged many questions and filled his answers with quite a bit of fluff whilst strenuously assuring the interviewer that he would answer the question directly. I think the interviewer did not drill down into his answers enough, so I was left quite unsatisfied by this interview.
@@poppysmic856 Agree!! The interviewer is so soft!!! Direct examination with NO cross!!!!
His lack of accountability is mind blowing.
I understand that you could think that way and it's really unfortunate...
@@mattheusser1390 lol
I am disappointed for you and with you. 😌
This sums up what working for WeWork is like
The company valuation today is still not small, standing on more than $23 billion with revenue of $2.1 billion..He could have much more than the $1.5 billion had he been a better manager. But he's a salesperson, perhaps the best in the world in that, not a CEO.
The fact WeWork was allowed to start over AGAIN and blow up a second time is mind blowing
He has learned one thing very well. That, nothing is his fault. Results of being raised in today's world that nothing is ever your fault.
Everyone who is watching this is so surprised by the fact that it is possible to directly answer tough questions, that no one really cares about anymore if he messed wework up. This interview is a perfect example for high level media training in a world full of dodging politicians that aren't able to truthfully tell us what the weather was this morning.
whut ?
When you walk away with billions, Its ALWAYS Sunny outside.
No, this is smoke and mirrors, not "direct answers". So many lies and so much pain others suffered under his "leadership" so now he sits pretty and spins some more.
In Australia when people crap on like Adam we say “is it?” but drag out the ‘it’ so it’s “is errrrrt??” meaning “you are SO full of sh!t”
If politicians had the same mind, they would be even more dangerous. Letsleave them with their nonsensical double talk nonspinners.
Belfort: Sell me this pen!
Adam: I'm your Dad
You can hate this man all you want, but he teaches us a good lesson, the power of effective communication. Master this skill, and you can master the world. You can either be an innovator, or a good salesman, and he is the latter.
... master the world for a measly small amount of time and lose your Soul...
4:14 walking away with one billion dollar while creating a business failure, explains why Adam is so satisfied and relaxed
Amazing preparation by Adam for all questions, what a sweet talker
That’s how he was able to get the VCs to part with their money
27:50 lesson in life
I understand. I understand, but.....but....thank you, I understand.
He was given the questions before the interview
This is a masterclass in psychological manipulation
@@MrFundementalOne born with it. Don’t think it can be taught at that level, just perfected.
@@DavidJGlad which question was the softball one haha ..? I feel every single one was a thinly veiled accusation of him being a crook xd
@@SebParango Thin indeed, but it's like that "interviewer" didn't want to dig deeper on anything. Can only be described as shallow and lacking any in-depth journalism, leaving you with the same opinion of the guy as when you first watched.. although I figured Adam would be more charismatic than as clueless as his board LOL
So it wasn't true what he said? what was he manipiulating?
@@MrFundementalOne from lying liberals
I have to say this interview sheds light on how intelligent and well spoken and calms Adam is.
Agreed
I’ve been the first foreigner, since 2018, at WeWork Hangzhou, the home of Alibaba and Geely. I’ve had great time and our company has grown threefold during that time. We’re at the very center of the city and the atmosphere is cool and relaxed, international. I like the design and it’s a very spacious two floor, beautiful area. I have “Neumann’s universe” on my backyard and it is a great place to work.
I pay less than $1k for our whole team a month and have a nice, cozy own office with a lot of space for meetings and events - plus the staff is really nice and friendly.
I do understand the challenges WeWork has faced - and the criticism towards Neumann and his colleagues. But a fact is that we have a great creative space, it’s really nice to go there every day and our company has been thriving in it.
Sounds great, just for reference, how big is your team?
@@timothyvanvliet7802 we have a five people contract for our Hangzhou office - and some folks also outside Hangzhou.
Your experience proves that the concept can work. That is the way Adam implemented the scaling up that was a complete failure. At a certain point it was evident that the business was a failure and then was sustained only by cover up of numbers and lies to the employees and investors. Adam is a perfect conman.
I can see what the last 2 years were spent on. Dude probably hired the best PR people in the world just for this interview.
You’re probably right but part of me thinks HE might be the best PR person in the world
he is a perfect narcissist.
1.He doesnt loose his calm even after a strong allegation. (like a saint)
2.he will never admit that he was wrong,
3.instead will talk so smoothly to make others believe that they are wrong !
4.His motive is, if he talks like this others would agree that he did everything for greater good
He's not a narcissist - that is not a definition above. He's just a bullshitter.
@@galiaalmagor2565 I think you dont know the signs of a narcissistic man.
@@balajinarasimhan5346 Ok Dr. Narasimhan
He didn’t care about the company “philosophy” or of “higher consciousness,” he was all about seeing just how far he could push the envelope with all of the people in his path, especially the people that mattered. He charmed them with his unflinching self-confidence, and his crazy “fun” personality and his only goal was to see how far he could get. While Im sure it bothers him immensely that he is no longer a part of the company, he is riding high on the fact that he was able to do what he did. He even ends up far better off financially than most people. Our society makes people of his kind like “Gods,” and the truth is, these people are con artists, manipulative, and self-serving. There is nothing “Godlike” in their actions or sentiments. They are wolves in sheep”s clothing. One last comment, he is and will not ever take responsibility for the real part he played in the company. He will spin everything that happened by an explanation that he was innocent and was fired at great loss for the company, and basically that only he had this great vision that the other investors did not have and that eventually the company would have grown had he stayed at the helm, even though that was nor would be the case. The Theranos company leader is very similar and to her, it was all about the fact that she “made it, “sure she didn’t “keep” it, but that’s not what matters to them. It was that they wanted to become worth billions, that was their goal. It’s not even about the money. Power and high status were what they were really going after. Interesting that it’s cloaked in language that sounds like they are going to “help man” and “help the world” by their companies. Which of course they will retort to when asked why. They will retort to the fact that their “ends” somehow justified their means.
you know what? how can we judge them on doing what they did, when we can't do the same. How easy is it for some average guy to build a whole company and exponentially rocket its valuation to billions? It is unimaginable. He is a great speaker, and a master persuader and manipulator... I think we should learn from him, for he did what no one else could. He is a visionary...in getting rich.
@@AM-jx3zf well that all depends upon your values. Yes, people like you are very impressed with someone like that, and are easily conned and by people like him. He was like a cult leader and you know how popular cults are. The new cult leaders of today are just like Adam Neumann and there are a plethora of examples in the many series out today. It’s all smoke and mirrors. People like them have only self-interest in mind but disguise as other centered. It’s all a con job. I do NOT look up to people like that nor should anyone else but in todays culture people are mesmerized by them. It seems as if the end, (making billions), is achieved, it doesn’t matter the means. We couldn’t live in a world where people don’t care what it takes to get where they want to go, and use any means necessary and so “use” others and any other tricks (like total self-confidence) to achieve it. What about ethics and morality? This is where the problem lies.
He should create a great political party someday! No joke he has all the skills ! 🤷♀️😂
A brilliant response: I was worried I’d see some spin doctors in the comments. Your comment speaks to his psyche.
He could only exist because of the greed of others. Banks and investors gave him billions. If they did that because he's "charming" then they deserve to lose it. But thats not why they did it. They played the valuation game. Employees gave wework their time and lower salaries for stock options thinking they were going to be microsoft secretaries, and not have to work their entire adult lives. Greed is present at every level including the public rabidly looking for a hot stock so they dont have to work their entire lives. Personally, anyone with a 401K is part of the system, and a step further, anyone that is an American has benefited from how this system works as it has elevated this country over all others. 20+ trillion in debt- we literally print our own money as we need it! Did anyone here send back their "stimulus" money? I doubt it. We are all part of the "problem".
So, as easy as it is to point the finger at Adam Neumann, remember that he only exists because we allow it as a society and culture. Money aside, wework has been a boon to the people that were able to use those spaces and what is the longterm value generated by all of those people? Is there one person who sat in a wework and built a billion dollar company by starting there? I dont know, but there is more happing then wework losing money, which will change over time.
Came here after watching WeCrashed, if you close your eyes you truly can not tell if this is Adam Neumann or Jared Leto on the show... incredible
The lack of sincerity is hilariously entertaining.
The number of times he says that he understands, is like he is forcing it down our throats like a bad pill that we don't like. I think he is going to make a comeback with something and that he is now going to adopt the "wise man" attitude thing.
Exactly! Yes, some of the comments above really believe in him -still. That he's learned, that he's essentially 'good.' Man, people are easily convinced. Suspicion works.
@@theresechristiansen9769 Yes ! I saw the inventing Anna series on Netflix, it is crazy what people will believe, and how little they will suspect. Even when you are eating off of their money !
right, it's like how people say "no offense" and then proceed to say something obviously offensive. he just says "I understand" in a calm voice and proceeds to give an answer that completely brushes off and dodges the question or concern at hand. it's so weird and ridiculous how so many of these comments think he's convincing, charismatic, or some kind of genius at public speaking
Oh yes! The ‘sadness’ and the “I understand” and the so called regrets…. It’s a vile & bitter pill. “I understand I walked away with a billion dollars,” “we celebrated with the initial employees and they walked away & are in d’money” which is total bs.
Ding ding ding! This has aged well
The WeWork story is about all that is wrong with the business world. Growth and valuation over fundamentals. The idea of being part of the next big thing blinded everyone. Mr. Neumann knew how to take advantage of the opportunity. He's not the only one to blame. His idea was over-valuated, but you have to agree that it was attractive at the time.
No, WeWork wasn’t “attractive” at the time, lmao. It was a scam through and through.
Edit: Can someone translate what David is trying to say down there?
Completely uniformed about wework, but given that this is supposedly someone offering shared workspace, what is so valuable that they can do that someone else can't do almost immediately.
The only thing he did was give a good initial impression which is what you do when you want to sell something, it's like a pretty shiny box that you have no idea inside is just not worth nearly as much as it looks.
This was his power, the idea of shared working space wasn't new or unique. Adam just added some nice furniture, made it seem like a "fun" place to be and had an app so it was convenient and fit with modern thinking.
The biggest problem was no one stopped to ask if this was worth it because he just scared everyone into thinking that the shiny box might not be there and you wouldn't want to miss that, and it worked.
Only took so much time for people to finally wake up to all his BS
@@DanielSzilagyi Exactly, well said!
Oh my! this guy is such an excellent orator, his grasp in his ability to answer these hard questions and end up winning you over is such a mind blowing skill He has
Adam Neumann "There's a sucker born every minute, you just happened to be coming along at the right time"
It never ceases to amaze me that people are inspired by this guy. I can see through him straight away
same to be honest, maybe in person it's different but dont find him that persuasive
Actually he's quite hard to see. And he answers questions very smoothly. He's a true bonafide wescam.
I’ve worked for a few startups that either folded or never took off. BusinessWeek predicted at one place that the stock was going to go from $8 to $65 and 6 months later the place folded. So my equity in those companies never amounted to anything. Hoping to cash out from a startup is a risk with no guarantee. BTW, the current place I work for got bought out and is doing fine. So if one place doesn’t pan out move on and try again. But know the risk.
media training is on show and on point. what a character he is.
This is a masterclass
Seems like he's trying not to burst out cackling throughout this whole interview.
Notice how "I understand" stands for "I'm sorry" without having to admit to any wrongdoing.
Thought it would have been “we understand “ 😊
Petition to bring Jared Leto and redo this interview
Interesting body language and behavior. He has worked on the constant eye contact and quarter smile. Very well rehearsed.
It’s funny how he keeps giving himself compliments that he got from people and always uses them as hypothesis of his action he took. Such a manipulator and a liar
And they are grandiose compliments too. "He told me I was one of the best negotiators in the world ..." Just icky.
I’m so far removed from this situation. I actually had no idea until Apple TV dropped the show “ We Crashed “ Now I feel like a nosy gossip. I need to step away from those who speak in circles. It makes me dizzy and adds nothing of value to my life . Peace ☮️ and prayers continue for the world 🙏
Yes, weasel words will eat you from the inside…..- like ringworm (which Adam probably has/had 😆😆)
This Adam guy plays Jared Leto really well.
The perception will become a reality, which it did.
He did not once said sorry. Andrew Did a fantastic job by asking all the hard questions.
Thumbs up to Andrew for bringing up problem of skewed valuation and its consequences.
One thing that i learn from this man is that the interviewer is asking aggressive questions and that's his job because i understand many employees who joined faced bad things but since I just know little about the story , i can see how gracefully he is taking the questions without being aggressive or anything, Conclusion Great Speaker may be not a good founder.
He uses "i understand" alot bt at same time very calm and patient not easy to provoke. A master indeed.
Can see how he achieved what he did - he's the Alpha and the Omega of spin.
I can see how you would think that, and it's very unfortunate ...
LOL the master wordsmith at work. Really makes you evaluate the value in "taking people at their word."
Basically Adam understands a lot of things
the guy is so calm and really knows how to respond to tough questions.
This reminds me of going into a middle eastern pawn store and trying to negotiate for a TV and they’re telling me how they didn’t get the TV for like 10 dollars because it was a pawn and how many cool features it has and how I should buy it.
"Revenue is vanity, Profits are sanity"
Duncan Ballantyne
Adam Neumann is richer than Duncan
@@MrDarknesstolight being rich and having good business sense don't always correlate 1:1.
One of the best ConMan SLEAZE BALLS of all time
Saying that he feels sorry for all the employees who had to leave "even thought he wasn't there because it happened after he left", as if the whole shitshow didn't happen because of him 😂 One thing I did understand was, he says he was given so much money he thought he was doing things right.. if everyone else was cheering you on, why would you think you had to do things differently? You'd grow cocky and you don't learn until you learn the lesson. He just didn't have enough business knowledge or experience.. and he wasn't lucky enough to encounter someone who convinced him what he was doing wrong. People most close to him were probably also drunk with money! Money blinds you, it's a human weakness... But in reality most startups fail, they try again a few times until they succeed. People lose jobs all the time because of startups going down. I think he had a cool vision, just bad execution, all the negative press about him is a bit unfair tbh
The only people who benefitted were close friends and relatives. Perfect example of Nepotism at large. Unfortunately the most charismatic always seem to hoodwink the most. It is only after the damage is done and the dust settles that a glimpse of the foul intention comes to light. Plenty of bad charma to him and his family has been earned.
@@basilvasiliu Unfortunately despite that bad karma they will probably all do great, and his kids will be our kids bosses
@@Tortilla.Reform the universe has an interesting way of eliminating bad karma, I wouldn't be so quick to conclude our children's future.
@@basilvasiliu this is just not true. Everyone in the company before 2015 benefitted and it’s IPO’d with a valuation of over a billion. This isn’t like an evil social media company, it improves the quality of life and work for many worldwide and is thriving current day. The only people that didn’t benefit were the unfortunate employees that were laid off.
This man has an amazing ability to word salad his way out of everything! Luv it 😍
"word salad his way out of everything" - that's a great way of putting it! I should try to remember that expression!
@John Goodrest *sweetie
A quote came to mind while listening to this …..”The Greatest Trick the Devil Ever Pulled Was Convincing the World He Didn’t Exist”
This man is definitely a good speaker. Nah that’s a understatement 💯
As someone who works in the world of finance, it is absolutely mindboggling that anyone gave this guy money for his business. It's clear within 30 seconds that this guy is just hot air.
YEP agreed tbh it seems like esp nowadays, all these entrepreneurs in the startup/business world are just guys filled with nothing but hot air too
reminds me of the Theronas scandal.
I agree. Right away. Shyster. One that’s very good at shystering. Good for him in a way. They all fell for it.
Lots to learn in this interview
I decided to watch this interview after I watched the Apple series WeCrashed. Interesting composure and the speaking fluidly a second language. Notwithstanding all the fallout, Adam Neumann closed the largest ever sales call in history. To convince a man/legend Masa to invest $4.4B into a company deserves all the accolades and praise due. Super impressive on so many levels. Serious Congratulations.
The power of getting interview questions beforehand
He got paid over 1 billion by soft bank when he left I was in the meeting when Marcelo (interim CEO) addressed it after the first round of redundancies because people were angry, we were told this was to thank him for building the company and he will be advising in the handover… just admit this
Better to reach for the stars and fall than to have never reached at all.
Would love to see an analysis of this by The Behavior Panel , especially interested in what Greg Hartley would have to say about Adam and his business
I am amazed at how Adam kept his cool and confidence throughout the entire interview without getting tripped up or defensive..
Probably because he has narcissistic personality disorder and he believes his own BS
He’s a psychopath. That’s easy for them to do.
Drugs... With the right pill you stay relaxed in all circumstances.
At some point the brain is so messed up it is its default behaviour.
This was very entertaining!
Several thoughts on Adam Neumann:
1. He gave the best possible answers to the toughest questions. He was very well prepared for this interview.
2. Their competitor Regus, who was in business 30 years before WeWork, could never understand their valuation. WeWork succeeded in building a great hip office where entrepreneurs met each other for $500 per month, way better than working out of house every day.
3. All the crazy stories he wrote off as good "Hollywood stories."
4. His explanation for Community Adjusted EBITDA was hilarious. Since they were so cool that they had to give financial accounting terms cool names. Sorkin gave him a complete pass with this explanation and all others given by Neumann.
exactly Regus was too Boomer , my workplace wanted a office and we went to both , boss picked Wework and that is that.
I've read of Sorkin described as "a ball-gargling apologist" for Wall St excess. After watching this it seems to be true.
Toughest questions? Haven't heard a single one.
he's a grifter
"He gave the best possible answers to the toughest questions. He was very well prepared for this interview." I mean, he showed no empathy, no remorse, admitted no mistakes, and had "great answers." He deflected, used equivocation, would turn a mountain into a molehill. I'm not sure what he would have to do to redeem himself in my eyes, but this ... this wasn't it. ("WeWork didn't crash, the valuation went down by 80% but ...")
This was actually a really good interview. Questions are straight hard and answers are non-emotional and give background to answers also. Would be nice to see such interviews for politics as well :)
He is an entrepreneur, politicians are like advisors or sales, different. A politician like a good sales can talk about anything but without going into details. So it is difficult they can background something, especially because they are talking about all possible situations.
Very CONvincing 🤷♂️🤯
This dude is pretty good at convicing us otherwise.
If he were short and ugly it wouldn't work.
@@investor.z has nothing to do with the looks tbh. It’s the way he speaks. He uses a specific tone that makes us fee bad for him and wants to side with him. I’ve seen this accross many manipulators in life.
@@investor.z And if he were a woman, he'd go to prison, like Elisabeth Holmes...
@@nextinstitute7824 just shows how little you know about this case or finance in general. paint him as some thief or someone who did something illegal is such a lie.
@@eden5260 Just shows how little you understand and know about justice.
He sold and got out at the right time and left employees and investors holding the bag. I missed how much money he quietly gave back to investors. He and Elizabeth Holmes are a perfect match.
Yes, Elizabeth Holmes came to mind immediately
Right
Holmes had nothing. Wework is a working business.
Not comparable to Theranos.
To be fair, he did this smarter than Elizabeth. When the board wanted her to step down she brought in sunny just making it worse and now she has nothing of own just found rich husband. He left with money and ensured his own and all original employees money. Every single person including Elizabeth lost for her company
Anyone else watching this and amazed at Jared Leto's portrayal of this guy!?!?!?
He is so good! I listen to him and he is so convincing. I listened to Jared Leto play him and I believe in what he was saying in the movie. I could have gotten sucked into this very fast! Insane!
The thing is, WeWork was and is a good idea and a promising business, just not nearly at the scale which Newmann and Softbank were for aiming for. If Neuman could have "slowed his roll" a bit and maintained at least a loose connection to reality, he would have remained CEO of a fresh and exciting business that provides offices for remote workers.
Whatever the case, the dude got away with a golden parachute. Don't feel pity for him. Also, don't make the mistake of trusting him at the reins of any public company.
People like Neumann don't really care about building or creating value. The guy is a narrow-minded sociopath, he just wanted to grab as much money as possible and flee.
Well said.
@@martinnovillo2847 right on the money... seriously!
Very well said!
Perfect, yes. He is also a talker: apologises endlessly but with a 'face' of little remorse.
I have seen the documentary they made of Adam, but listening to him shows me he is a true hustler, against the odds he came on top and that is it. In business, there are always losers and winners. I still dont see how Wework is that valuable, but again that just me.
That's "we"
The problem isn’t he tried and failed. Problem was wework would rent from his own properties at ridiculous lease. He’s not putting the company first like real founders should.
@@thesilly9040 "we" is a word owned by the We Company. Expect a cease and desist letter
@@howo357 he just said that it were 4 buildings...
Its not. The emperor has no clothes. As long as you believe he wins
He's good..very calm and collected, has the right answer for everything..I could see him representing himself in court and walking away.
I mean this as a compliment. Perhaps one of the greatest salesmen ever.
When we see the nature of Neumann what we really see is the nature of ourselves. We are all unconsciously disposed to that 'special' person who comes along and disarms us and convinces us to follow him. He has domain knowing of this tendency in people and he makes maximum use of it. We must all learn more about ourselves so that we can spot people like Neumann and be ready to 'object' when it is required. That is what Neumann needed. WeWork might then have been a success.
Talk for yourself
@@technologyandinnovation4586 Meaning what?
@@jasonwright6823 speak for yourself. I agree with that. Some people (idealists) are indeed disposed to someone like that. Others (realists) arent. You have no idea about other peoples psyche. So speak for yourself.
@@DJ-ov2it Group psychology is well documented. The madness of crowds, the conformity behaviour. Neumann is an example of people who exploit this to serve their interests. Why do you think he went on Sorkin's show? To extend that exploitation.
@@jasonwright6823 And? Not every person is equally likely to become a cult member or a version of that. Some people are very likely, such as the followers of Adam Neumann. Others are almost entirely unlikely to become cult members. Thats my statement. And it is much more differentiated than yours. So: Speak for yourself instead of talking about "everyones unconscious".