The rise and fall of WeWork founder Adam Neumann makes for engrossing viewing haaretz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from haaretz.com Daily Mail and Mail on Sunday newspapers.
JB Lacroix/Getty Images
Watch the new Hulu documentary
WeWork: Or the Making and Breaking of a $47 Billion Unicorn, and if you can keep your eyebrows from crawling off your face entirely in the first 20 minutes, my hat’s off to you.
WeWork the now-troubled company that took out long-term leases on New York City real estate and built fun co-working office spaces for millennials is described throughout the film in terms that border on the religious. It began as a “transparent and accountable” community, focused on “connection” and “changing the world.” Spending your days at a WeWork site was “somehow like being a member of a club, beyond just where your office building is.” Where recent college grads could go to find “purpose” and a “dream.” It was “legitimately the craziest work experience.” WeWork, and other related brands WeLive, WeGrow was all about “bringing people together” in the “spirit of We.”
HBO Max's Made For Love mirrors your abusive relationship with your phone cnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnet.com Daily Mail and Mail on Sunday newspapers.
February 6, 2021
In an S-1 filing ahead of its ill-fated IPO attempt, WeWork included a recession among its risk factors. What it didn’t anticipate was a pandemic.
Over the past year, offices have shuttered around the world. Downtown centers became ghost towns, and revenue dropped sharply for coworking spaces as clients ditched short-term leases. In the second quarter of 2020, US flex office space leasing activity was down 45% year-over-year, according to a report from CBRE. Just this week, coworking space Knotel filed for Chapter 11 bankruptcy.
But it’s not all bad news. Over months of Zoom calls and Slack check-ins, office workers have had plenty of time to mull what it would mean to go (back) to the office. And while demand for flexible space has fallen, commercial real estate analysts say the future for coworking looks bright in part because big companies are now joining solo entrepreneurs in prizing office-space flexibility. Before the pandemic, commercial real estate fir
Ben GabbeGetty Images
The meteoric rise and sudden, embarrassing fall of WeWork, the office rental company, is among the biggest cautionary tales in Silicon Valley s history even rivaling that of Elizabeth Holmes s Theranos. And now, the whole story is set to be adapted for the small screen, as an eight-episode limited series for Apple TV+. Here s what we know so far about the
WeCrashed.
Jared Leto and Anne Hathaway are starring.
Leto and Hathaway have signed on to play WeWork cofounders Adam Neumann and Rebekah Paltrow Neumann; the duo are also working on the show as executive producers.
It s based on the Wondery podcast.