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September 18, 2019 05:41 pm PDT

WeWork sounds like a real piece of work

The Wall Street Journal today published an exhaustive (exhausting, even!) profile of Adam Neumann, the wacky bro CEO who founded office-rental giant WeWork, which filed its S-1 as We Co.

This account is based on interviews with current and former employees, investors and friends who interacted with Mr. Neumann as he built We.

Like so many bro CEOs, he also wants to live forever, reports the WSJ. This, coming from such an asshole, seems like the greatest cruelty of all -- good thing it's not possible.

Adam Neumann, ladies and gentlemen, a story told in excerpts from this WSJ piece:

He told at least one person directly that his ambitions included becoming Israels prime minister. More recently, he said that if he ran for anything, it would be president of the world, according to another person who spoke with him.

Mr. Neumann has told several people over the past two years that a personal goal is to become the worlds first trillionaire.

In a 2015 investment round, Mr. Neumann sold tens of millions of dollars of shares. Soon after, the company launched a buyback program offering to purchase employees shares too. But the company gave employees a different arrangement, giving them a payout per share worth substantially less than what Mr. Neumann was paid, people familiar with the sale said. Mr. Neumanns sale wasnt publicized within the company.

Both Neumanns could be impulsive at times, former executives say. [Rebekah] Neumann has ordered multiple employees fired after meeting them for just minutes, telling staff she didnt like their energy.

Read the rest

Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/jFvWyqGFaoI/wework-sounds-like-a-real-piec.html

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