WeWork's founder ((Adam Neumann)) is 1800000 GC flame
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Poast new message in this thread
Date: June 18th, 2019 8:03 PM Author: peach bipolar milk
It has installed 22 million square feet of the glass partitions that have defined an era of workplace aesthetics, and last fall, it became Manhattan’s largest tenant. (In Central London, it is second only to the British government.)
damn that's pretty cool
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407686) |
Date: June 18th, 2019 8:04 PM Author: peach bipolar milk
As Neumann recently told a person close to the company, he believes that WeWork’s size and scale could put it in a position to help deal with some of the world’s largest problems, like the refugee crisis, saying, “I need to have the biggest valuation I can, because when countries are shooting at each other, I want them to come to me.”
lol
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407689) |
Date: June 18th, 2019 8:05 PM Author: peach bipolar milk
I asked Neumann what his superpower is. “Change,” he said. “I think it’s the best superpower to have.” He then asked if I had seen the TV show Heroes. “There was one [character] that was very strong,” he said. “He had the ability to have all superpowers.” Neumann neglected to mention that this was the show’s villain: a serial killer who murdered people to get their powers.
he's 100% flaming us
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407696) |
Date: June 18th, 2019 8:10 PM Author: peach bipolar milk
"WeWork Mars is in our pipeline,” Neumann declared in 2015. (He told WeWork’s staff at one point that he’d met with Elon Musk and offered the company’s services in prepping for any future Mars missions but that Musk wasn’t interested.)
jfc when Elon Musk says no to a crazy idea...
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407715) |
Date: June 18th, 2019 8:12 PM Author: Abusive Famous Landscape Painting Dog Poop
WeWork is one of a long line of companies that have taken a goy idea and copied it. But because they have support from (((media))) and (((bankers), their companies become bigger, better funded, and more famous.
See also: http://xoxohth.com/thread.php?thread_id=2983551&mc=81&forum_id=2
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407735)
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Date: June 18th, 2019 8:15 PM Author: peach bipolar milk
Neumann has claimed multiple times that WeWork is at the stage Amazon was at when it sold only books. The idea is to build a machine capable of leasing, designing, building, and managing space at an unprecedented scale, on top of which various kinds of moneymaking enterprises can be built. The results thus far have been fitful. As one example, the company has long tried to sell services to its members, such as health insurance and business software, but today this accounts for just 5 percent of its revenue.
5% seems pretty good at this point, tbh.
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407755) |
Date: June 18th, 2019 8:21 PM Author: peach bipolar milk
Joel Steinhaus, a WeWork executive, told me that his previous office at Citi allocated 200-to-250 square feet per person, while WeWork has shrunk that number to around 50. (A WeWork spokesperson says the number is higher.) WeWork claims that additional common spaces and amenities make up the difference, but also that closeness has benefits. A half-dozen WeWork employees repeated the same talking point to me about the narrowness of its staircases and hallways, which are there to foster community by forcing people to physically interact with anyone they walk past. They say any cost savings from fitting in more people is merely a bonus.
millennials are so fucking dumb. we deserve this
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407807) |
Date: June 18th, 2019 8:24 PM Author: peach bipolar milk
The focus on growth often seemed to leave little room for other concerns. Two people told me that during an early town hall when WeWork had just over 100 employees, Neumann took questions alongside two other executives, Michael Gross and Noah Brodsky, and someone asked about the lack of diversity among the executive team. Neumann disputed the point by referring to himself and the other people onstage, saying, “I’m a brunette, Michael’s blond, and we have a Noah.” (Brodsky, who is gay, went bright red.)
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407819) |
Date: June 18th, 2019 8:25 PM Author: peach bipolar milk
Especially at the top, WeWork looked to some like a boys’ club. The executive ranks have been sprinkled with Neumann’s friends from Israel as well as his extended-family members.
L'chaim!
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407826) |
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Date: June 18th, 2019 8:36 PM Author: Histrionic domesticated preventive strike
So other things failed in the RE space, thus WeWork will fail? By your logic, Webvan failed, so all subsequent attempts to deliver things will fail. I guess you should tell Instacart, Postmates, Ubereats, etc.
Regus sucks. I've used both. And the trend is certainly moving towards more "gig" jobs where people prefer to have an office on a month-to-month basis rather than signing a 2 year lease.
I wouldn't invest in WeWork, but it's a great service. Try starting a company and dealing with signing a 2 year lease for some dump in NYC that fucks you over if you grow or shrink headcount. WeWork provides a flexible office and is relatively pleasant to work out of.
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407876) |
Date: June 18th, 2019 8:28 PM Author: Citrine gaped main people
When Dock 72 is completed this year, if the aggressive timeline holds, it will represent the fullest expression of Mr. Neumann’s expansive vision to date. There will be an enormous co-working space, a luxury spa and large offices, for other companies like IBM and Verizon, that are designed and run by WeWork. There will be a juice bar, a real bar, a gym with a boxing studio, an outdoor basketball court and panoramic vistas of Manhattan. There will be restaurants and maybe even dry cleaning services and a barbershop.
It will be the kind of place you never have to leave until you need to go to sleep — and if Mr. Neumann has his way, you’ll sleep at one of the apartments he is renting nearby.
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407838)
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Date: June 18th, 2019 8:33 PM Author: peach bipolar milk
In a financial disclosure last year, when it was in the process of losing $1.9 billion to fund its growth, WeWork acknowledged, “We have a history of losses, and we may be unable to achieve profitability at a company level.” It also published a financial metric it called “community-adjusted EBITDA” — earnings before interest, tax, depreciation, and amortization, which is an accountant-approved way of measuring a company’s performance — that excluded many costs, like marketing, construction, and design, that WeWork claimed would disappear once it reached maturity, in an attempt to show it could make a healthy profit; the Financial Times dubbed WeWork’s doctored version “perhaps the most infamous financial metric of a generation.”
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407859) |
Date: June 18th, 2019 8:34 PM Author: peach bipolar milk
Back in his office, Neumann remained upbeat. “Before you ask, let’s set an intention,” Neumann told me, after a WeWork spokesperson said I had time for one more question. “Ask a question that has an opportunity to give something to your readers that could make them grow.”
not flame, i spit up my coffee
(http://www.autoadmit.com/thread.php?thread_id=4285533&forum_id=2#38407868) |
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