ADAM Neumann is a businessman who co-founded WeWork with Miguel McKelvey. A new documentary takes a close look at WeWork, a commercial real esta
ADAM Neumann is a businessman who co-founded WeWork with Miguel McKelvey.
A new documentary takes a close look at WeWork, a commercial real estate company that provides shared workspaces for technology startups and other services.
Adam Neumann in 2016[/caption]
WeWork documentary: Who is Adam Neumann?
WeWork: Or The Making and Breaking of a $47 Billion Unicorn is a documentary that launched on Hulu in April of 2021.
The film is “an account of the six-week death spiral that brought down the company’s IPO,” and “a behind-the-scenes look at WeWork’s frat-boy culture.”
Neumann co-founded WeWork in 2010, but he resigned as CEO in 2019 following mounting pressure from investors.
“Investors rewarded Neumann’s charisma and ambition, but he also created and endorsed a toxic culture of overwork,” according to HuffPost.
Neumann in 2017[/caption]
“In the film, Neumanns brags about working until 2 and 3 am and yells, ‘Never give up! Work until you drop!’ in a speech to employees.
“He created a company culture that was unsustainable, manipulative and full of red flags.”
Neumann was able to find so much success, the film suggests, “because he fit a certain white male leadership mold that made investors feel good, not because the financial data added up,” according to HuffPost.
“He was the ideal culture fit, a concept that encourages people with power to favor ‘who I personally like’ and ‘who reminds me of me’ rather than who can actually do the job.”
Most read in News
Derek Chauvin murder trial LIVE UPDATES – plus everything you've missed so far
Riots after female cop kills Daunte Wright, 20 'after mistaking gun for Taser'
YouTuber Jake Paul denies he ‘forced TikTok star to perform oral sex’ on him
Suspect is found dead after injuring one in seven-hour shoot-out with cops
'HE GRABBED MY FACE'
YouTuber Jake Paul 'forced TikTok star to perform oral sex' on him
Classmate charged with 1996 'murder' of Kristin Smart & suspect's dad arrested
What is Adam Neumann’s net worth?
Neumann has a net worth of $750million, according to Forbes.
He resigned as CEO shortly before the company cancelled a planned IPO, the outlet reported.