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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 0:1:3,732 --> 0:1:7,68 Hello, and shalom, and thank you for coming. 2 0:1:7,152 --> 0:1:10,822 If you're watching this, well, you probably know who I am. 3 0:1:10,906 --> 0:1:14,701 For those of you just tuning in, my name is Adam Neumann. 4 0:1:14,784 --> 0:1:17,162 And I am many things. 5 0:1:17,245 --> 0:1:20,832 Immigrant, entrepreneur, husband, father, disrupter, maverick, 6 0:1:20,916 --> 0:1:25,86 creator, and founder and CEO of The We Company, 7 0:1:25,170 --> 0:1:29,257 the third most valuable private company in the world. 8 0:1:30,508 --> 0:1:33,762 I could give you my version of how we got here, 9 0:1:33,845 --> 0:1:36,431 but that is the past. 10 0:1:36,514 --> 0:1:39,476 And I am more interested in the future. 11 0:1:39,559 --> 0:1:42,354 So come with me. Come with me. 12 0:1:42,437 --> 0:1:46,358 It is time for the We revolution. 13 0:1:56,743 --> 0:1:57,577 Line. 14 0:1:59,79 --> 0:2:1,748 These are the new talking points. Stick to them. 15 0:2:1,831 --> 0:2:2,874 Hang up the phone. 16 0:2:2,958 --> 0:2:4,334 Don't say anything but new talking points. 17 0:2:4,417 --> 0:2:5,502 Hang up the phone, Cindy! 18 0:2:5,585 --> 0:2:7,462 -Hang up the phone! -God dammit! 19 0:2:7,546 --> 0:2:9,838 Just tell them we'll call them back later. Do not comment. 20 0:2:9,923 --> 0:2:11,466 -What? -Wall Street Journal. 21 0:2:11,550 --> 0:2:13,885 It is our S-1. We're very proud of it. I have to go now. Thank you. 22 0:2:16,680 --> 0:2:17,722 This is Damian. 23 0:2:18,723 --> 0:2:20,850 No, I don't have a comment on the S-1. It speaks for itself. 24 0:2:20,934 --> 0:2:22,310 Oh, my God. Hand me napkins. 25 0:2:22,394 --> 0:2:24,604 -Cereal-- What cereal box? -Hi. 26 0:2:24,688 --> 0:2:26,606 -No, he's not. We're aware. -Okay. 27 0:2:26,690 --> 0:2:28,358 What about a cereal box? 28 0:2:33,989 --> 0:2:35,156 Why are you here? 29 0:2:37,576 --> 0:2:38,952 To-- To-- 30 0:2:40,78 --> 0:2:41,830 To talk about the S-1. 31 0:2:44,541 --> 0:2:46,626 It's perfect, is it not? 32 0:2:46,710 --> 0:2:48,336 I mean, we think it's perfect. 33 0:2:48,420 --> 0:2:51,172 -Yeah. We love it. -Absolutely, so… 34 0:2:54,50 --> 0:2:58,221 So, what are they saying? 35 0:2:58,305 --> 0:3:0,807 There's the-- the losses. 36 0:3:0,891 --> 0:3:5,20 And then there's the-- the pictures. 37 0:3:5,103 --> 0:3:6,730 -Pictures? -People are upset about the pictures? 38 0:3:6,813 --> 0:3:8,23 -Pictures gave it life. -I know. 39 0:3:8,106 --> 0:3:10,942 I know. It's silly, but it's-- 40 0:3:11,26 --> 0:3:14,70 Some people think an-- an S-1 41 0:3:14,154 --> 0:3:16,865 shouldn't traditionally have photo spreads-- 42 0:3:16,948 --> 0:3:18,575 -That's why it's in there. -Exactly! 43 0:3:18,658 --> 0:3:19,659 That's why we did it. 44 0:3:21,828 --> 0:3:22,746 Take it away. 45 0:3:23,330 --> 0:3:28,293 The real estate industry is currently experiencing… 46 0:3:29,2 --> 0:3:32,839 The real estate industry is currently experiencing a… 47 0:3:34,49 --> 0:3:36,468 paradigm shift from a… 48 0:3:37,135 --> 0:3:41,223 Paradigm shift from a… 49 0:3:44,601 --> 0:3:46,519 Fuck! 50 0:3:46,603 --> 0:3:50,523 Guys, it's a financial document that no one reads. 51 0:3:50,607 --> 0:3:52,442 Well, they do read The Wall Street Journal, 52 0:3:52,525 --> 0:3:53,818 and they're working on a story. 53 0:3:53,902 --> 0:3:56,696 -What do you mean? -What story? There's no story. 54 0:3:56,780 --> 0:3:59,74 Yeah, I mean, late-night parties, tequila shots, 55 0:3:59,157 --> 0:4:1,785 and a brick of weed in a cereal box 56 0:4:1,868 --> 0:4:3,286 -on an international flight. -It's a cube. 57 0:4:3,370 --> 0:4:4,829 It was not-- It was a cube. 58 0:4:4,913 --> 0:4:8,166 Oh, my fucking God! The Wall Street Journal? 59 0:4:8,250 --> 0:4:11,86 -Okay, okay, okay, okay. -I'm out of here. 60 0:4:11,169 --> 0:4:14,297 -You can't let them run that story. -Right. 61 0:4:14,881 --> 0:4:16,675 No, Damian, you can't let them run that story! 62 0:4:16,757 --> 0:4:17,759 Sorry. 63 0:4:17,841 --> 0:4:19,469 You can't run the story. 64 0:4:20,512 --> 0:4:23,139 Because it's a non-story, Eliot. 65 0:4:23,223 --> 0:4:26,101 No, investors are not losing confidence in the IPO. 66 0:4:26,851 --> 0:4:30,355 Investors are losing confidence in the IPO. 67 0:4:32,315 --> 0:4:33,525 We need to postpone it. 68 0:4:34,25 --> 0:4:35,151 No, no, no. 69 0:4:35,235 --> 0:4:38,905 No, no, we're not going to postpone. We're not postponing, Jamie. 70 0:4:39,781 --> 0:4:42,409 If we don't postpone, we have to lower the valuation. 71 0:4:43,702 --> 0:4:44,703 By how much? 72 0:4:45,370 --> 0:4:46,454 Closer to 20. 73 0:4:46,538 --> 0:4:50,333 You want to lower the valuation by $27 billion? 74 0:4:50,417 --> 0:4:53,962 Jamie, do you know what causes investors to lose confidence? 75 0:4:54,45 --> 0:4:55,505 That. That does. 76 0:4:55,589 --> 0:4:58,550 It's a tough time to be a unicorn. 77 0:4:58,633 --> 0:5:0,594 There's a lot of scrutiny out there. 78 0:5:0,677 --> 0:5:4,139 Uber, Lyft, Peloton, Slack, they're all underperforming post-IPO. 79 0:5:4,222 --> 0:5:5,640 All of them. 80 0:5:6,474 --> 0:5:9,436 The "unicorn stampede." It has become a bloodbath. 81 0:5:9,519 --> 0:5:14,65 And so, to kind of illustrate this point, we recently saw, just last week 82 0:5:14,149 --> 0:5:16,151 an issue with WeWork, 83 0:5:16,234 --> 0:5:19,863 where WeWork was making this transition from the private markets, 84 0:5:19,946 --> 0:5:23,283 trying to get ready for an IPO to the public market, 85 0:5:23,366 --> 0:5:28,496 and they had raised on a previous valuation of $47 billion. 86 0:5:28,580 --> 0:5:33,209 They just decided overnight, "Just kidding, we're worth 20 billion." 87 0:5:33,293 --> 0:5:35,921 And so, if you invested in WeWork, 88 0:5:36,4 --> 0:5:37,923 thinking that it had a valuation of 47 billion… 89 0:5:38,6 --> 0:5:39,299 Your time has expired. 90 0:5:39,382 --> 0:5:40,926 …you're getting fleeced. 91 0:5:42,636 --> 0:5:44,387 I donated to her campaign. 92 0:5:44,471 --> 0:5:47,98 Fuck her. She's a fucking socialist. 93 0:5:47,182 --> 0:5:49,935 She is misrepresenting the private markets. 94 0:5:50,18 --> 0:5:52,103 You're dealing with very sophisticated investors. 95 0:5:52,187 --> 0:5:55,315 Could you stop sending me the daily press briefings? 96 0:5:55,398 --> 0:5:57,442 They're just-- All of the mentions are bad, 97 0:5:57,525 --> 0:6:0,695 and I'm starting to let negative thoughts in and… 98 0:6:2,948 --> 0:6:3,949 Let's go. 99 0:6:4,532 --> 0:6:6,451 Why do they hate us so much? 100 0:6:8,411 --> 0:6:10,622 All we wanted to do was save the world. 101 0:6:11,373 --> 0:6:13,208 We got this. Damian! 102 0:6:13,291 --> 0:6:15,544 We got it. We got it, Damian! Got it. 103 0:6:15,627 --> 0:6:19,130 There's a lot of noise back there. I think we need to simmer it down. 104 0:6:19,214 --> 0:6:20,715 Calm it down. Find your spot. 105 0:6:20,799 --> 0:6:23,468 -Fungible. Ible… -Okay. It's so good. It's so good. 106 0:6:23,552 --> 0:6:25,345 -Is it? -That is such a hard line. 107 0:6:25,428 --> 0:6:28,848 Commodities and… You're getting a little tight in here. 108 0:6:28,932 --> 0:6:30,16 So why don't we just-- 109 0:6:32,852 --> 0:6:36,147 Say this with me. A proper pot of coffee in a proper coffee pot. 110 0:6:36,231 --> 0:6:39,734 A proper cot of-- A proper pot of coffee in a p-- 111 0:6:39,818 --> 0:6:41,278 -Yes. -A proper pot of coffee 112 0:6:41,361 --> 0:6:42,862 in a proper coffee pot. 113 0:6:42,946 --> 0:6:45,365 A proper coppet potty in a proper coppy pot. 114 0:6:45,448 --> 0:6:46,324 -I got it. -Okay. Great. 115 0:6:46,408 --> 0:6:48,577 -A proper copper potty-- -Esther. 116 0:6:49,77 --> 0:6:51,329 Proper pot of coffee in a proper coffee pot. 117 0:6:51,997 --> 0:6:53,456 Let it loose. And… 118 0:6:53,540 --> 0:6:54,541 Action. 119 0:6:54,624 --> 0:6:56,626 It's bad, Adam. It's bad. 120 0:6:56,710 --> 0:7:0,5 It's a bit of bad press over a silly financial document. 121 0:7:0,88 --> 0:7:1,89 It will blow over. 122 0:7:1,172 --> 0:7:3,300 Listen, you had a hell of an idea for a business, 123 0:7:3,383 --> 0:7:7,596 you built it into something that far exceeded my wildest expectations, 124 0:7:7,679 --> 0:7:11,725 and now you're gonna fuck it all up over all this nonsense? 125 0:7:12,517 --> 0:7:14,477 What are you talking about "nonsense," Bruce? 126 0:7:14,561 --> 0:7:16,563 -Nonsense? -The succession plan. 127 0:7:16,646 --> 0:7:18,982 What about the succession plan? 128 0:7:19,65 --> 0:7:20,775 Rebekah gets to choose your successor? 129 0:7:20,859 --> 0:7:24,195 This is about to be a public company. Not a monarchy. 130 0:7:24,279 --> 0:7:27,824 But it is. It is like a monarchy, okay. 131 0:7:27,908 --> 0:7:31,411 My family is the moral compass of this company. 132 0:7:31,494 --> 0:7:35,749 See? You have to stop saying things like that. 133 0:7:35,832 --> 0:7:39,794 I am now begging you. Please, please. 134 0:7:42,464 --> 0:7:44,591 What if I give you something else? Give me 24 hours. 135 0:7:44,674 --> 0:7:47,719 Benchmark invested 16.5 million in WeWork, 136 0:7:47,802 --> 0:7:50,764 and you've already cashed out over 300 million worth of shares. 137 0:7:50,847 --> 0:7:53,725 You've made 20 times your investment, and, and, 138 0:7:53,808 --> 0:7:55,936 you'll make another billion from the IPO. 139 0:7:56,19 --> 0:8:0,106 So don't talk to me about nonsense, Bruce. My nonsense has made you a fortune. 140 0:8:0,190 --> 0:8:3,401 We just need to get in front of the investors. 141 0:8:3,902 --> 0:8:5,570 The road show, it starts next week. 142 0:8:5,654 --> 0:8:8,823 And for the ones who can't meet me in person, we're making a video. 143 0:8:8,907 --> 0:8:12,327 We're bringing in the crew from Hollywood. We've spared no expense. 144 0:8:12,410 --> 0:8:16,581 And trust me when I say this, trust me, I will bring my A-game. 145 0:8:20,1 --> 0:8:21,2 Okay. 146 0:8:25,257 --> 0:8:26,841 Okay. Okay. 147 0:8:28,93 --> 0:8:29,135 This is it. 148 0:8:29,219 --> 0:8:32,429 I am committed to building not just a good business, 149 0:8:32,514 --> 0:8:34,432 -but a great company. -What? 150 0:8:34,515 --> 0:8:36,393 -And I promise, in my decisions… -They're running it. 151 0:8:36,476 --> 0:8:38,645 -…I will remain loyal to whatever is-- -Shit. 152 0:8:39,729 --> 0:8:40,647 Again. 153 0:8:40,730 --> 0:8:41,898 You got it. 154 0:8:42,691 --> 0:8:46,486 I am committed to building not just a good business, but a great company. 155 0:8:46,570 --> 0:8:47,571 And I promise 156 0:8:47,654 --> 0:8:50,198 that in my decisions, I will remain loyal 157 0:8:50,282 --> 0:8:53,994 to whatever is best in the long term for the greater We. 158 0:8:55,120 --> 0:8:57,581 Our employees, our members, our partners, 159 0:8:57,664 --> 0:9:2,419 our investors and, most importantly, our planet. 160 0:9:2,919 --> 0:9:8,91 So come with me, and let's build the future together. 161 0:9:8,174 --> 0:9:9,342 Good. 162 0:9:10,719 --> 0:9:13,680 -Good? Good? Great? -Yeah, great actually. 163 0:9:13,763 --> 0:9:14,931 -Great. -I heard a "great." 164 0:9:15,15 --> 0:9:16,266 -That was great. -Esther? 165 0:9:16,349 --> 0:9:18,768 -It was great. You did it. You did it. -I heard a "great." 166 0:9:18,852 --> 0:9:21,229 -You did it. You manifested it. -Did you have any doubt? 167 0:9:21,313 --> 0:9:23,398 -No, didn't have any doubt. -No, no, you had no doubt. 168 0:9:23,481 --> 0:9:24,691 -Nothing. -Okay. 169 0:9:24,774 --> 0:9:25,984 You manifested it. 170 0:9:26,610 --> 0:9:28,69 Damian, how was it? 171 0:9:29,613 --> 0:9:32,198 Damian, my PR guru, how was it? Okay? 172 0:9:32,908 --> 0:9:34,326 I think we're finished. 173 0:9:35,285 --> 0:9:39,539 -Hey, yes! -Okay. 174 0:9:39,623 --> 0:9:42,292 -Are you gonna tell them? -Fuck no. 175 0:9:42,375 --> 0:9:43,960 -Thank you all… -Where are you going? 176 0:9:44,44 --> 0:9:46,87 Back to the style section. 177 0:9:55,722 --> 0:9:58,642 He's a goddamn punch line. "Neumann is known for making claims 178 0:9:58,725 --> 0:10:1,102 such as becoming the world's first trillionaire, 179 0:10:1,186 --> 0:10:4,147 becoming president of the world, and living forever." 180 0:10:4,231 --> 0:10:6,233 Sounds like a maniac. 181 0:10:6,316 --> 0:10:7,317 It's humiliating. 182 0:10:7,400 --> 0:10:8,860 He will never survive this. 183 0:10:8,944 --> 0:10:10,779 Survive it? No, he's dead already. 184 0:10:10,862 --> 0:10:15,200 No, I am talking about us. This is humiliating for us. 185 0:10:15,283 --> 0:10:19,496 Bruce, he's gotta go. Partying has long been a feature of his work life… 186 0:10:19,579 --> 0:10:20,997 …maniac. 187 0:10:21,81 --> 0:10:22,582 The guy's a nut job… 188 0:10:29,256 --> 0:10:32,968 All those in favor, please signify by saying, "Aye." 189 0:10:33,51 --> 0:10:34,52 Aye. 190 0:10:40,16 --> 0:10:42,561 Call his office and get him down here. 191 0:10:42,644 --> 0:10:44,229 Yes, I understand it's urgent. 192 0:10:53,113 --> 0:10:54,447 Good morning! 193 0:11:21,308 --> 0:11:22,559 Okay. 194 0:11:36,281 --> 0:11:38,617 'Cause we are going to IPO in two weeks. 195 0:11:39,618 --> 0:11:42,662 Adam, an IPO is out of the question. 196 0:11:43,330 --> 0:11:44,873 I don't accept that. 197 0:11:44,956 --> 0:11:46,583 -Adam. -I don't accept it. 198 0:11:46,666 --> 0:11:48,293 -And furthermore… -Adam. Adam. 199 0:11:48,376 --> 0:11:49,878 …I don't believe you have the faith in me-- 200 0:11:49,961 --> 0:11:51,129 Adam. 201 0:11:52,130 --> 0:11:53,965 The board voted this morning. 202 0:11:55,258 --> 0:11:56,551 We want you out. 203 0:11:58,970 --> 0:12:0,13 Call the lawyers. 204 0:12:0,96 --> 0:12:1,848 Yeah. Which one? 205 0:12:1,932 --> 0:12:3,16 All of them. 206 0:12:14,778 --> 0:12:15,695 Oh, thank you. 207 0:12:20,33 --> 0:12:21,910 Well, 208 0:12:21,993 --> 0:12:25,580 I have no idea how you got your investors to agree to this, 209 0:12:25,664 --> 0:12:31,711 but your "supervoting" shares give you 20 votes on each share. 210 0:12:32,295 --> 0:12:36,341 You basically control 65% of the vote on any corporate matter. 211 0:12:36,424 --> 0:12:40,887 So you're right, they can't fire you. 212 0:12:40,971 --> 0:12:42,556 -Good. -Great. 213 0:12:42,639 --> 0:12:43,723 Now we fire them. 214 0:12:45,809 --> 0:12:46,810 Which ones? 215 0:12:47,394 --> 0:12:49,938 Every single person on the board. 216 0:12:53,692 --> 0:12:55,610 Robb, why don't you take this? 217 0:13:1,408 --> 0:13:4,619 Legally, yes, you could fire them. 218 0:13:4,703 --> 0:13:8,623 But you do need a board of directors. 219 0:13:9,708 --> 0:13:10,709 Why? 220 0:13:10,792 --> 0:13:12,460 It's required by state law. 221 0:13:14,629 --> 0:13:16,6 The question is… 222 0:13:18,174 --> 0:13:19,968 can we change the law? 223 0:13:24,639 --> 0:13:26,766 That might take a while. 224 0:13:30,395 --> 0:13:31,396 Okay-- 225 0:13:32,22 --> 0:13:35,191 We can appoint anyone we want to the board, correct? 226 0:13:35,775 --> 0:13:38,28 Who we like, who we trust, who we can-- 227 0:13:38,111 --> 0:13:41,114 -…we feel has the right energy. -Yes. Yes, yes. 228 0:13:42,115 --> 0:13:43,909 Jen, Matthew? 229 0:13:44,868 --> 0:13:47,329 Birdie. Phil. 230 0:13:47,412 --> 0:13:48,538 -Unfortunately… -Yes. 231 0:13:48,622 --> 0:13:52,417 …the NYSE and NASDAQ exchanges require them to be independent. 232 0:13:54,294 --> 0:13:58,215 Legally, the board is meant to provide experience and advice. 233 0:13:58,298 --> 0:13:59,382 God. 234 0:14:0,508 --> 0:14:4,12 Okay, so what about 235 0:14:5,138 --> 0:14:6,181 Elon? 236 0:14:7,98 --> 0:14:8,99 Well-- 237 0:14:8,183 --> 0:14:9,643 Elon. 238 0:14:9,726 --> 0:14:13,647 Elon's a peer, right? So he can't tell you anything you don't already know. 239 0:14:13,730 --> 0:14:15,106 -I think-- -True. 240 0:14:15,190 --> 0:14:18,526 I think Warren. Or Bill. 241 0:14:18,610 --> 0:14:19,653 Obama. 242 0:14:20,612 --> 0:14:22,989 Barack's great, but he's not a businessman. 243 0:14:23,73 --> 0:14:26,952 If you try to fire the board, 244 0:14:27,35 --> 0:14:29,79 you're looking at a lengthy legal fight. 245 0:14:29,162 --> 0:14:34,0 And based on what you've told us, that's time you don't have. 246 0:14:34,84 --> 0:14:36,962 Look, you don't have a legal problem. 247 0:14:38,4 --> 0:14:39,381 You have an image problem. 248 0:14:40,131 --> 0:14:45,95 The public markets want a steady hand at the wheel. 249 0:14:46,846 --> 0:14:48,139 Not a rock star. 250 0:14:49,474 --> 0:14:51,601 Okay, you're talking about gravitas. 251 0:14:51,685 --> 0:14:52,811 -Exactly. -Okay. 252 0:14:52,894 --> 0:14:56,273 Show them that you can run a public company. 253 0:14:58,984 --> 0:15:1,861 Gravitas. Gravitas. 254 0:15:1,945 --> 0:15:2,946 Perfect. 255 0:15:6,116 --> 0:15:7,742 Where's Adam? 256 0:15:8,368 --> 0:15:9,953 The natives are getting restless. 257 0:15:10,36 --> 0:15:11,871 Dude, what-- Nobody uses that expression anymore. 258 0:15:11,955 --> 0:15:14,499 Well, we need to say something to them. 259 0:15:17,794 --> 0:15:20,547 -Me? -You're the co-founder of the company. 260 0:15:20,630 --> 0:15:21,882 Yeah, dude, you got this. 261 0:15:21,965 --> 0:15:23,967 -You're gonna be great. -They're scared. Speak to that fear. 262 0:15:24,50 --> 0:15:25,802 -Okay. -They know your face. 263 0:15:25,886 --> 0:15:27,637 -Use your height. -Tell them everything's cool. 264 0:15:27,721 --> 0:15:29,556 -Everything's gonna be taken care of. -Everything's okay. 265 0:15:29,639 --> 0:15:32,309 -Easy. -Loose. Loose, loose, loose. 266 0:15:32,392 --> 0:15:33,435 It's okay. 267 0:15:34,895 --> 0:15:36,605 Everyone. 268 0:15:37,647 --> 0:15:39,566 Excuse me, everyone. 269 0:15:40,525 --> 0:15:41,818 Excuse me, everyone! 270 0:15:45,530 --> 0:15:46,656 Hey-- 271 0:15:48,533 --> 0:15:49,784 Excuse me, everyone. 272 0:15:50,327 --> 0:15:52,162 Please, guys. 273 0:15:53,580 --> 0:15:55,332 Guys-- Sorry. 274 0:15:55,415 --> 0:15:57,375 Hey-- Hi, everyone. 275 0:15:59,961 --> 0:16:1,87 Happy Monday. 276 0:16:1,171 --> 0:16:6,9 Good morning. TGIM, right? 277 0:16:6,801 --> 0:16:8,136 Is Adam fired? 278 0:16:9,95 --> 0:16:10,138 What? No. 279 0:16:11,14 --> 0:16:13,767 Everything-- Everything's under control. 280 0:16:13,850 --> 0:16:15,268 What about the IPO? 281 0:16:15,352 --> 0:16:16,895 What happens with our stock options? 282 0:16:16,978 --> 0:16:18,396 Are we getting fired? 283 0:16:18,480 --> 0:16:21,149 No, no one is getting fired yet. 284 0:16:21,233 --> 0:16:23,26 -Yet? -What does that mean? 285 0:16:23,693 --> 0:16:26,988 No. Guys, listen. Hey, hey, hey, everyone. 286 0:16:28,323 --> 0:16:32,744 Look, I know you're all looking for a little reassurance right now. 287 0:16:33,286 --> 0:16:36,122 And you deserve that. So… 288 0:16:37,707 --> 0:16:39,709 There's a few things I can say. 289 0:16:39,793 --> 0:16:43,46 It's every-- 290 0:16:44,673 --> 0:16:46,341 Every little thing… 291 0:16:47,634 --> 0:16:51,805 Every little thing Is gonna be all right 292 0:16:53,932 --> 0:16:56,142 I said don't worry 293 0:16:57,519 --> 0:16:58,937 About a thing 294 0:17:1,273 --> 0:17:5,193 'Cause every little thing Is gonna be all right 295 0:17:6,611 --> 0:17:8,71 Said don't worry-- 296 0:17:8,154 --> 0:17:10,574 Oh, thank God. Adam's here. 297 0:17:16,371 --> 0:17:17,372 Adam, everyone. 298 0:17:22,127 --> 0:17:23,128 Colleagues, 299 0:17:24,713 --> 0:17:28,300 friends and family. 300 0:17:30,176 --> 0:17:32,220 This is a pivotal moment. 301 0:17:33,221 --> 0:17:37,601 And I am so proud, so very grateful to have you all gathered here today. 302 0:17:43,857 --> 0:17:45,942 There's a lot of noise out there. 303 0:17:47,861 --> 0:17:51,406 A lot of gossip, a lot of talk. 304 0:17:52,365 --> 0:17:53,491 About me. 305 0:17:55,785 --> 0:17:56,786 About us. 306 0:17:58,872 --> 0:18:3,335 Because that is what people do when they're afraid. 307 0:18:4,85 --> 0:18:6,755 Do you understand what we have all done? 308 0:18:7,964 --> 0:18:10,800 Do you understand? We-- 309 0:18:10,884 --> 0:18:13,94 We poked the bear. 310 0:18:13,178 --> 0:18:14,888 We poked that bear. 311 0:18:14,971 --> 0:18:18,808 We disrupted a trillion-dollar industry. 312 0:18:18,892 --> 0:18:23,688 And we will emerge stronger and more fearless and more revolutionary 313 0:18:23,772 --> 0:18:25,482 than ever before! 314 0:18:26,358 --> 0:18:27,567 Yes! 315 0:18:27,651 --> 0:18:30,570 More dedicated, and even more committed. 316 0:18:31,196 --> 0:18:35,575 Committed to our mission to elevate the world's consciousness! 317 0:18:36,243 --> 0:18:37,244 Thank you, Rivka. 318 0:18:37,327 --> 0:18:42,916 And I, I will never not be the CEO of WeWork! 319 0:18:48,755 --> 0:18:50,6 Yeah… 320 0:18:51,758 --> 0:18:54,302 -When I say "We," you say… -Work. 321 0:18:54,386 --> 0:18:55,554 -We! -Work. 322 0:18:55,637 --> 0:18:57,55 Step down. 323 0:19:0,600 --> 0:19:1,726 Who said that? 324 0:19:5,480 --> 0:19:6,481 Who was it? 325 0:19:9,359 --> 0:19:10,485 How dare you? 326 0:19:16,32 --> 0:19:17,576 It's okay. It's okay. 327 0:19:23,748 --> 0:19:24,874 You've lost them. 328 0:19:24,958 --> 0:19:28,295 Your interests and the interests of your employees have diverged. 329 0:19:28,378 --> 0:19:31,840 No, I don't believe that. I-I just-- They're-- They're just scared. 330 0:19:31,923 --> 0:19:34,551 No. They're angry. 331 0:19:35,468 --> 0:19:40,515 They've spent two years, five years, a decade toiling away for low wages, 332 0:19:40,599 --> 0:19:42,767 for an IPO payday that now may never come. 333 0:19:42,851 --> 0:19:44,728 -No. It's coming. Coming. -I mean-- 334 0:19:44,811 --> 0:19:46,730 -They will feel used… -It's coming. 335 0:19:46,813 --> 0:19:48,773 …and they will blame you. 336 0:19:48,857 --> 0:19:51,651 Where do you think The Wall Street Journal got its information? 337 0:19:52,444 --> 0:19:54,529 The unnamed sources? 338 0:19:56,239 --> 0:19:57,324 There they are. 339 0:19:58,783 --> 0:20:0,35 You're at war. 340 0:20:1,36 --> 0:20:4,372 It'll be fought on multiple fronts. In the boardroom, in the press. 341 0:20:4,456 --> 0:20:7,584 Even here in the halls of your own company. 342 0:20:8,168 --> 0:20:10,337 Trust no one. 343 0:20:10,420 --> 0:20:13,924 Sorry, are we in a John Grisham novel? 344 0:20:14,7 --> 0:20:17,427 You're paying me to be dramatic. That's why it's called crisis PR. 345 0:20:18,178 --> 0:20:20,13 You have to understand, Rebekah, 346 0:20:20,96 --> 0:20:22,849 you and Adam, you are not people. 347 0:20:23,808 --> 0:20:26,811 -We're not people? -No. You're products. 348 0:20:26,895 --> 0:20:30,232 The media sold you to the public once as unicorns, 349 0:20:30,774 --> 0:20:32,567 now they'll sell you again as villains. 350 0:20:32,651 --> 0:20:36,154 Okay, so obviously we need to reframe it. 351 0:20:36,238 --> 0:20:39,532 We need to take control of it. So why don't you put us on CNBC? 352 0:20:39,616 --> 0:20:40,617 -Good idea. -No. 353 0:20:40,700 --> 0:20:42,202 -I think it's the-- -No, no. 354 0:20:42,285 --> 0:20:45,872 They're making this into a circus. Let's not help them. 355 0:20:46,873 --> 0:20:48,500 Stay in the foxhole. 356 0:20:49,584 --> 0:20:51,962 I'll say it again, we are at war. 357 0:20:52,504 --> 0:20:55,298 And these are your foot soldiers. 358 0:20:56,49 --> 0:20:58,552 God help the enemy, 'cause they're a bunch of freaks. 359 0:20:59,52 --> 0:21:1,638 They don't look like much, but when I pump them full of Adderall 360 0:21:1,721 --> 0:21:4,516 and turn these sickos loose, watch out. 361 0:21:6,268 --> 0:21:8,812 You should both have your offices swept for bugs. 362 0:21:9,354 --> 0:21:10,480 Bugs? 363 0:21:11,314 --> 0:21:15,151 We must be vigilant. Methodical. Strategic. 364 0:21:15,986 --> 0:21:18,280 No emails, no texts, 365 0:21:18,863 --> 0:21:20,740 no phone calls that might be overheard. 366 0:21:20,824 --> 0:21:23,952 No false moves. Got it? 367 0:21:26,496 --> 0:21:27,539 Adam? 368 0:21:34,87 --> 0:21:36,381 You want war? I'll give you war. 369 0:21:36,464 --> 0:21:39,50 Okay. I'll give you war! 370 0:21:43,930 --> 0:21:45,599 We're going to war! 371 0:21:45,682 --> 0:21:47,58 To war, you understand? 372 0:21:47,142 --> 0:21:47,976 -Phil. -Yeah? 373 0:21:48,59 --> 0:21:49,978 -Pack it up. Pack it all up. -Okay. I'll go-- 374 0:21:50,61 --> 0:21:52,272 Don't forget the whiteboard, understand? Don't forget it. 375 0:21:52,355 --> 0:21:54,482 -Okay. -Adam. Adam! 376 0:21:54,566 --> 0:21:56,192 Go, go. 377 0:21:56,860 --> 0:21:58,904 Coming through. Push, Phil, push. 378 0:21:58,987 --> 0:22:0,697 -Pushing. -Push. 379 0:22:1,239 --> 0:22:3,867 -Out the way. -Adam. Adam. 380 0:22:4,993 --> 0:22:6,745 This is proprietary, you understand? 381 0:22:6,828 --> 0:22:9,80 -If I see this anywhere, anywhere… -Let's catch the light. 382 0:22:9,164 --> 0:22:11,291 …I'll be forced to take legal action, you understand? Phil. 383 0:22:11,374 --> 0:22:13,919 -Get his picture. Take his information. -Whoa, whoa-- No, fuck off. 384 0:22:14,2 --> 0:22:15,86 Get his picture. 385 0:22:15,170 --> 0:22:17,380 -Rivka, cover the board, cover the board. -I'm just trying to move-- 386 0:22:17,464 --> 0:22:19,341 -Cover the board. -I'm covering the board. 387 0:22:19,424 --> 0:22:22,219 Let's just get it to the house, okay? Okay. Do you have it? 388 0:22:22,302 --> 0:22:23,428 -Yeah. -We got it, we got it. 389 0:22:23,511 --> 0:22:25,764 -Okay, here we go. -Okay. 390 0:22:25,847 --> 0:22:26,848 Okay. 391 0:22:27,849 --> 0:22:28,850 It's okay-- 392 0:22:28,934 --> 0:22:31,728 Please, please don't lean the whiteboards against the wall. 393 0:22:31,811 --> 0:22:34,814 I'm gonna need to ask everyone to wear booties. 394 0:22:34,898 --> 0:22:36,524 Ingrid? Ingrid. 395 0:22:36,608 --> 0:22:38,818 I think we might need to send the kids to the Hamptons. 396 0:22:38,902 --> 0:22:42,739 All right, all right. Mommy loves you. Claudia, Claudia, did you get the booties? 397 0:22:42,822 --> 0:22:46,743 Hello? Yeah, no, I'm sorry, we just can't comment. 398 0:22:47,827 --> 0:22:49,829 Let me look into that and circle back to you. 399 0:22:49,913 --> 0:22:53,41 No, no, no. 400 0:22:53,124 --> 0:22:57,170 -Not "circle back." You understand? -This couch is hand-loomed linen, 401 0:22:57,254 --> 0:22:59,422 so I'm gonna need to put towels under you. 402 0:22:59,506 --> 0:23:0,674 Oh, my God. 403 0:23:1,383 --> 0:23:3,176 -Angela. Can you get the towels? -Hello? 404 0:23:3,260 --> 0:23:5,887 No, we're not commenting on that at this time. 405 0:23:5,971 --> 0:23:7,931 Nope, not commenting. No comment. 406 0:23:8,14 --> 0:23:10,517 I'm not gonna comment at this time. 407 0:23:11,226 --> 0:23:13,19 Comment. Please, please, comment. 408 0:23:13,103 --> 0:23:16,856 Comment. Comment. Just dig in. Comment. 409 0:23:16,940 --> 0:23:19,359 This, thi-- This is war. This? 410 0:23:19,985 --> 0:23:22,946 My seven-year-old could answer the phones and say, "no comment" 411 0:23:23,29 --> 0:23:25,323 with more enthusiasm than this. 412 0:23:25,407 --> 0:23:26,408 Please! 413 0:23:26,491 --> 0:23:29,327 Adam, be respectful. I'm s-- I'm just gonna… 414 0:23:29,411 --> 0:23:30,745 They're the best in the business. 415 0:23:30,829 --> 0:23:34,583 The best-- Well, must not be a very competitive industry, I have to say. 416 0:23:34,666 --> 0:23:36,626 You could try again in a week. 417 0:23:37,210 --> 0:23:39,296 Again, no comment. 418 0:23:40,589 --> 0:23:42,90 I really have no-- 419 0:23:42,173 --> 0:23:43,508 Pardon me. 420 0:23:44,634 --> 0:23:46,803 -Pardon me. Pardon. -Let me call you back. 421 0:23:47,762 --> 0:23:50,15 -What is your name? -Chris. 422 0:23:50,98 --> 0:23:53,685 Chris, no more "no comment," you understand? 423 0:23:53,768 --> 0:23:54,978 No more "no comment." 424 0:23:55,61 --> 0:23:57,397 I'm not paying you guys a million dollars an hour 425 0:23:57,480 --> 0:23:59,691 or whatever it is for "no comment." 426 0:24:0,859 --> 0:24:6,823 If someone calls and asks about tequila, I want you to ask them, 427 0:24:6,907 --> 0:24:9,784 "You ever go to an office party or go out for work drinks? 428 0:24:9,868 --> 0:24:11,870 Ever heard of a three-martini lunch?" 429 0:24:11,953 --> 0:24:15,749 Booze has always been a part of business. You understand? 430 0:24:15,832 --> 0:24:18,43 -You agree. You agree. Thank you. -Adam. 431 0:24:18,126 --> 0:24:19,294 Thank you very much. No. 432 0:24:19,377 --> 0:24:21,254 -Let's take a break. Honey, let's-- -One moment. 433 0:24:21,338 --> 0:24:25,175 I'm just making a point. Making a point. Please. 434 0:24:25,258 --> 0:24:30,55 And if they happen to mention the-the-the trillionaire crap, okay? 435 0:24:30,138 --> 0:24:33,16 I want you to say to them, "Well, pardon me, 436 0:24:33,99 --> 0:24:35,852 but what is the headline here? 437 0:24:36,686 --> 0:24:39,856 Immigrant entrepreneur dares to dream too big?" 438 0:24:40,857 --> 0:24:45,70 And if-- if they dare to mention my wife, 439 0:24:46,154 --> 0:24:49,616 you say nothing, and you put me on the phone. 440 0:24:49,699 --> 0:24:52,77 -You understand? Put me on the phone. -Adam. It's fine. 441 0:24:52,160 --> 0:24:54,454 And then I'll give a comment. 442 0:24:54,537 --> 0:24:56,581 You're not paying us to fight back. 443 0:24:56,665 --> 0:24:58,375 Then what am I paying you for? 444 0:24:58,458 --> 0:25:0,710 -To deflect. To defuse. -Please, to-- and? 445 0:25:0,794 --> 0:25:3,255 -Thank you. -To grind them down with non-answers. 446 0:25:3,338 --> 0:25:4,923 -To be boring. -It's okay, Adam. 447 0:25:5,6 --> 0:25:8,635 Well, they are definitely the best in the business at that. 448 0:25:8,718 --> 0:25:11,596 -Thank you very much. -You are paying us to stop the bleeding. 449 0:25:11,680 --> 0:25:13,598 -We know. Thank you. -So let us do our jobs. 450 0:25:13,682 --> 0:25:15,809 You have made your point. We are very grateful. 451 0:25:17,352 --> 0:25:19,771 -I need you to center yourself. -No. It's-- 452 0:25:19,854 --> 0:25:21,940 -No. I need you to ce-- Adam. -It's not the time. Not-- 453 0:25:22,23 --> 0:25:24,25 You cannot protect this family if you are not centered. 454 0:25:24,526 --> 0:25:25,902 Close your eyes. 455 0:25:30,198 --> 0:25:31,283 Now breathe in. 456 0:25:33,201 --> 0:25:34,202 And out. 457 0:25:36,496 --> 0:25:37,872 Feel it rise. 458 0:25:39,124 --> 0:25:41,418 Come out through the top of your head. 459 0:25:42,544 --> 0:25:44,379 And then imagine a golden light. 460 0:25:50,552 --> 0:25:52,345 Do you feel better? 461 0:25:54,139 --> 0:25:55,140 Yes? 462 0:25:56,99 --> 0:25:58,435 Okay. Look at me. 463 0:25:59,519 --> 0:26:1,438 Small men proceed from fear. 464 0:26:2,63 --> 0:26:3,815 We are not small. 465 0:26:4,399 --> 0:26:7,193 I want these people and their negativity out of my home. 466 0:26:7,277 --> 0:26:10,363 They are ruining my floors. All right? 467 0:26:12,616 --> 0:26:15,535 Talk to Bruce. Tell him you can fix this. 468 0:26:15,619 --> 0:26:17,579 He wants to believe in you. He always has. 469 0:26:20,999 --> 0:26:22,208 Yes. 470 0:26:23,1 --> 0:26:24,753 -Okay. -Okay. 471 0:26:24,836 --> 0:26:27,380 -Talking to Bruce. -Yes. Good. 472 0:26:29,883 --> 0:26:31,426 -Calling Bruce. -Okay. 473 0:26:35,513 --> 0:26:36,973 Thank you for picking up. 474 0:26:39,309 --> 0:26:40,560 I'm coming to see you. 475 0:26:41,895 --> 0:26:43,271 Now. 476 0:26:46,24 --> 0:26:49,236 Perfect. Keep that tone. Keep that intention. 477 0:26:50,862 --> 0:26:52,239 You can manifest this. 478 0:27:9,589 --> 0:27:10,799 Bruce. 479 0:27:10,882 --> 0:27:11,883 Adam. 480 0:27:14,52 --> 0:27:15,220 Matthew. 481 0:27:16,429 --> 0:27:17,514 And Jacob. 482 0:27:18,56 --> 0:27:22,602 They reached out to me. They had a few things they wanted to get off their chest. 483 0:27:22,686 --> 0:27:26,439 I see, I see. What is the expression? 484 0:27:26,940 --> 0:27:30,485 Like rats abandoning a sinking ship. 485 0:27:31,194 --> 0:27:33,863 Unfortunately, our ship isn't sinking. 486 0:27:33,947 --> 0:27:36,283 But it's good to know who the rats are. 487 0:27:36,366 --> 0:27:38,618 Well, we just want what's best for the company. 488 0:27:38,702 --> 0:27:42,247 What is best for the company is me as CEO. 489 0:27:42,330 --> 0:27:45,792 -Adam, I don't-- -Always has been, always will be. 490 0:27:45,875 --> 0:27:49,796 Please, you're going to listen to these two geniuses? 491 0:27:49,880 --> 0:27:51,965 One walks around like a mermaid 492 0:27:52,48 --> 0:27:54,509 and the other has "cock" written on his forehead. 493 0:27:54,593 --> 0:28:0,682 Please, let the children go home, and the adults can have a conversation. 494 0:28:0,765 --> 0:28:2,225 -No, let them go. -No, Adam, 495 0:28:2,309 --> 0:28:4,686 I really don't see any reason for them to leave. 496 0:28:4,769 --> 0:28:8,315 Fine. Learn something. Grab a pen. Take some notes. 497 0:28:8,940 --> 0:28:11,26 Take some notes. I'm going to teach you something. 498 0:28:11,526 --> 0:28:12,569 Okay. 499 0:28:13,653 --> 0:28:14,779 So listen to me. 500 0:28:14,863 --> 0:28:18,533 This is what I'm willing to do to counter the ridiculous narrative out there. 501 0:28:18,617 --> 0:28:23,246 First, I'm reducing my voting control from 20 votes per share to 10. 502 0:28:23,830 --> 0:28:27,334 Second, I'm appointing a lead independent director to the board. 503 0:28:27,417 --> 0:28:28,710 I thought you'd like that. 504 0:28:29,377 --> 0:28:33,256 Third, Rebekah will no longer choose my successor. 505 0:28:33,340 --> 0:28:38,303 And finally, finally, even though the board never objected 506 0:28:38,386 --> 0:28:42,265 and everything was entirely aboveboard, as you know, 507 0:28:42,349 --> 0:28:44,517 I'll be returning the 5.9 million 508 0:28:44,601 --> 0:28:47,270 that the company paid me for the We trademark. 509 0:28:48,813 --> 0:28:50,857 So you can see I'm giving here, Bruce. 510 0:28:50,941 --> 0:28:54,861 I'm giving. I'm giving, and I'm ready to receive. 511 0:28:57,572 --> 0:28:59,199 You bet on me once. 512 0:29:0,33 --> 0:29:1,910 Believe in me again. 513 0:29:1,993 --> 0:29:4,329 You understand? Believe in me. 514 0:29:8,541 --> 0:29:9,960 You're toxic. 515 0:29:12,87 --> 0:29:14,589 You killed the company. 516 0:29:19,469 --> 0:29:20,720 You don't resign, 517 0:29:21,846 --> 0:29:23,682 I'll break your fucking arm. 518 0:29:27,269 --> 0:29:28,311 Bruce. 519 0:29:35,569 --> 0:29:37,445 I know, I know. But thanks. 520 0:29:38,196 --> 0:29:39,739 Sorry I'm late, gentlemen. 521 0:29:40,657 --> 0:29:43,285 I can see you've gotten started. 522 0:29:43,368 --> 0:29:46,830 No, no-- Jamie, I did everything you asked me to. 523 0:29:46,913 --> 0:29:49,332 -I did it all. -You did nothing I asked you. 524 0:29:49,416 --> 0:29:51,167 I did everything you asked me to. 525 0:29:51,251 --> 0:29:54,921 Adam, we cannot take the company public with you as CEO. 526 0:29:55,5 --> 0:29:57,90 -No one will buy the stock. Adam. -No, no. 527 0:29:59,551 --> 0:30:1,303 Bruce, I-- 528 0:30:1,386 --> 0:30:4,389 No, no. I will never not be the CEO of WeWork. 529 0:30:4,472 --> 0:30:5,640 Okay. 530 0:30:7,976 --> 0:30:9,227 Let's look ahead, shall we? 531 0:30:9,311 --> 0:30:11,354 Please. To the future. 532 0:30:11,438 --> 0:30:16,109 WeWork will run out of cash sooner than you can imagine and go bankrupt. 533 0:30:17,27 --> 0:30:19,154 Your shares will go zero. 534 0:30:19,237 --> 0:30:23,700 The $380 million of personal loans that you've taken out against those shares 535 0:30:23,783 --> 0:30:26,161 will be called in, and you will be ruined, Adam. 536 0:30:27,120 --> 0:30:30,540 But, yeah, you'll still be CEO. 537 0:30:36,546 --> 0:30:39,341 We are not your enemies, Adam. You are. 538 0:30:41,718 --> 0:30:43,178 You are your own worst enemy. 539 0:30:53,230 --> 0:30:54,606 Shit. 540 0:30:58,985 --> 0:30:59,986 Well? 541 0:31:0,70 --> 0:31:1,196 Shit! 542 0:31:3,657 --> 0:31:5,533 It was an ambush. 543 0:31:5,617 --> 0:31:7,160 "Unnamed source says 544 0:31:7,244 --> 0:31:10,914 Bruce Dunlevie threatened to break Adam Neumann's arm 545 0:31:11,414 --> 0:31:13,833 if he doesn't step down as CEO." 546 0:31:14,417 --> 0:31:16,294 Just posted on BuzzFeed. 547 0:31:16,878 --> 0:31:19,47 I told you to stay in the foxhole. 548 0:31:19,130 --> 0:31:20,549 Judas! 549 0:31:21,424 --> 0:31:23,552 Judas and Judas. 550 0:31:26,179 --> 0:31:28,98 Masa, I know it's late there. 551 0:31:28,181 --> 0:31:30,141 Thank you for picking up. I'll keep it brief. 552 0:31:30,725 --> 0:31:32,727 -Adam. -You have billions at stake, 553 0:31:32,811 --> 0:31:35,272 and I am the only one who can safeguard that investment. 554 0:31:35,355 --> 0:31:40,26 You need me as CEO, and the company must IPO or it'll run out of cash. 555 0:31:40,110 --> 0:31:42,362 There will be no IPO. 556 0:31:42,445 --> 0:31:44,489 If you go forward with it, 557 0:31:45,907 --> 0:31:49,661 you will embarrass yourself, the company and me. 558 0:31:50,787 --> 0:31:51,788 Stand down. 559 0:31:51,871 --> 0:31:55,458 Masa, listen to me. With all due respect, I'm not going to stand down. 560 0:31:56,42 --> 0:31:57,919 I will not let you proceed. 561 0:31:58,3 --> 0:31:59,796 What do you mean, "not let" me? 562 0:31:59,880 --> 0:32:2,132 I will not let you. 563 0:32:2,215 --> 0:32:6,678 I will use all my power, all my resources, to block the IPO, 564 0:32:6,761 --> 0:32:9,306 and you will be left with nothing. 565 0:32:32,537 --> 0:32:35,40 But there's nothing to worry about. Adam's all-- 566 0:32:36,750 --> 0:32:39,127 You know I don't like it when you talk about him like that. 567 0:32:40,503 --> 0:32:42,714 No, I don't. No, it's not ok-- 568 0:32:42,797 --> 0:32:44,966 There is a spy outside the building! 569 0:32:45,50 --> 0:32:47,677 A spy. A spy! 570 0:32:47,761 --> 0:32:49,179 Daddy, let me call you back. 571 0:32:49,262 --> 0:32:51,556 Masa, Bruce, they've hired spies. 572 0:32:51,640 --> 0:32:52,849 Okay, honey. 573 0:32:53,642 --> 0:32:55,435 There's just not spies outside the building. 574 0:32:55,518 --> 0:32:57,646 -No. There is a spy-- -There could be. 575 0:32:57,729 --> 0:33:0,315 -Ju-- -Yes, yes, yes. 576 0:33:0,398 --> 0:33:3,652 He looked ex-Mossad, right? 577 0:33:3,735 --> 0:33:4,736 Why? 578 0:33:4,819 --> 0:33:6,988 -We're in trouble. -Why do you think he's a spy? 579 0:33:7,72 --> 0:33:9,908 Because he's standing outside the building, very intently 580 0:33:9,991 --> 0:33:11,743 listening in my conversation, eavesdropping. 581 0:33:11,826 --> 0:33:14,120 -Did he have a salt and pepper beard? -Yes, he had that salt. 582 0:33:14,204 --> 0:33:16,915 And sort of, like, sad hound dog eyes? 583 0:33:16,998 --> 0:33:18,792 -Yes. -Okay, my love. 584 0:33:18,875 --> 0:33:21,211 That is Mr. Fishman, in 4A. 585 0:33:21,294 --> 0:33:25,48 He smokes his horrible cigars outside every single day. 586 0:33:25,131 --> 0:33:27,259 He's lived in the building for 23 years. 587 0:33:27,342 --> 0:33:30,470 He's not a spy. It's all right. It's all right. 588 0:33:31,805 --> 0:33:33,848 Was this the call you were on? 589 0:33:36,851 --> 0:33:41,481 "Embattled CEO wanders NYC streets barefoot, looking frantic." 590 0:33:43,358 --> 0:33:44,985 It's definitely going viral. 591 0:33:45,68 --> 0:33:46,69 Viral? 592 0:33:46,152 --> 0:33:47,988 HomeGardenGnome commented, 593 0:33:48,71 --> 0:33:51,199 "No one who walks around barefoot in New York 594 0:33:51,283 --> 0:33:54,244 should be in charge of a multibillion-dollar company." 595 0:33:54,327 --> 0:33:56,913 BirdieBoy says, "Enjoy the ringworm." 596 0:33:56,997 --> 0:34:0,458 Enough, please. Please. Enough. 597 0:34:0,542 --> 0:34:4,170 Someone just made his bare feet an emoji. It's being used like a thumbs down. 598 0:34:4,254 --> 0:34:6,840 Machosammy, "Does he think he's Jesus?" 599 0:34:6,923 --> 0:34:8,300 Babygene7151, 600 0:34:8,383 --> 0:34:10,635 "He's walking around in filth and excrement. 601 0:34:10,719 --> 0:34:12,304 What a complete fucking nut--" 602 0:34:12,387 --> 0:34:14,14 Enough! 603 0:34:14,97 --> 0:34:17,976 He grew up on a fucking kibbutz. He likes to walk around barefoot. 604 0:34:18,59 --> 0:34:19,728 Is that a fucking crime? 605 0:34:38,413 --> 0:34:39,414 Let it go. 606 0:34:42,374 --> 0:34:43,460 The IPO? 607 0:34:44,44 --> 0:34:45,420 All of it. 608 0:34:47,756 --> 0:34:48,757 No. 609 0:34:53,762 --> 0:34:55,512 You said it was all for me? 610 0:34:56,972 --> 0:34:58,99 And it is. 611 0:35:0,352 --> 0:35:1,686 I don't need it. 612 0:35:5,190 --> 0:35:7,984 Let it go for me. For us. 613 0:35:19,371 --> 0:35:22,499 -You know what happens if I step down. -I know. 614 0:35:25,43 --> 0:35:26,545 But this… 615 0:35:28,838 --> 0:35:31,7 This is all that matters. 616 0:35:31,758 --> 0:35:34,970 You, me, the kids. 617 0:35:35,53 --> 0:35:37,55 We can live on the farm. 618 0:35:39,307 --> 0:35:41,393 We can be wild. We can 619 0:35:42,352 --> 0:35:45,105 howl at the moon like the old days. 620 0:35:52,821 --> 0:35:54,155 Will you howl with me? 621 0:36:4,791 --> 0:36:6,376 Money doesn't matter. 622 0:36:8,253 --> 0:36:11,715 The only people who say that are the ones who always had it. 623 0:36:11,798 --> 0:36:15,302 And maybe having too much is just as bad as not having any at all. 624 0:36:15,385 --> 0:36:17,262 Trust me, motek. 625 0:36:18,54 --> 0:36:19,55 It's not. 626 0:37:6,19 --> 0:37:7,395 Miggy-Migs. 627 0:37:7,479 --> 0:37:10,106 Hey. What are you doing here? 628 0:37:14,486 --> 0:37:15,654 São Paulo? 629 0:37:17,614 --> 0:37:20,617 Nope. This is Reykjavík. 630 0:37:21,201 --> 0:37:22,702 -In Iceland. -Reykjavik. 631 0:37:22,786 --> 0:37:25,914 Yeah, we found an old fish filet warehouse. 632 0:37:27,82 --> 0:37:28,166 Smelt. 633 0:37:28,792 --> 0:37:30,710 -Smelt? -Smelt. 634 0:37:31,920 --> 0:37:33,421 They're these little fish. 635 0:37:33,505 --> 0:37:34,798 Apparently, they reek. 636 0:37:36,174 --> 0:37:39,344 We spent 45,000 fumigating. 637 0:37:42,305 --> 0:37:43,890 Whoever smelt it dealt it. 638 0:37:47,644 --> 0:37:49,312 Whoever dealt it, felt it. 639 0:37:53,108 --> 0:37:55,944 Listen. You frustrate me. 640 0:37:58,29 --> 0:37:59,906 Like no one I've ever met. 641 0:38:1,491 --> 0:38:3,577 -Yeah. -You always have. 642 0:38:6,580 --> 0:38:7,831 But I love you. 643 0:38:13,587 --> 0:38:15,255 You don't deserve this. 644 0:38:18,174 --> 0:38:19,676 I love you too, Miguel. 645 0:38:23,263 --> 0:38:24,639 What are you going to do? 646 0:38:31,146 --> 0:38:32,564 The right thing. 647 0:38:33,607 --> 0:38:34,691 For once. 648 0:38:39,237 --> 0:38:40,614 Is there a motion? 649 0:38:40,697 --> 0:38:42,32 So moved. 650 0:38:42,699 --> 0:38:43,909 Is there a second? 651 0:38:43,992 --> 0:38:44,993 Seconded. 652 0:38:45,76 --> 0:38:46,870 Properly moved and seconded. 653 0:38:46,953 --> 0:38:51,82 All those in favor of removing Adam Neumann as CEO, 654 0:38:51,166 --> 0:38:53,752 please signify by saying, "Aye." 655 0:38:54,377 --> 0:38:55,378 Aye. 656 0:38:56,296 --> 0:38:57,297 Aye. 657 0:38:58,340 --> 0:38:59,507 Aye. 658 0:38:59,591 --> 0:39:0,967 Aye. 659 0:39:1,51 --> 0:39:2,177 Aye. 660 0:39:2,260 --> 0:39:3,261 Aye. 661 0:39:5,388 --> 0:39:6,431 Aye. 662 0:39:13,230 --> 0:39:14,231 Aye. 663 0:39:39,839 --> 0:39:42,759 Thank you all for making yourselves available 664 0:39:42,842 --> 0:39:44,803 at such late notice. 665 0:39:44,886 --> 0:39:47,973 I'm sure you have questions, and I do want to answer them, 666 0:39:48,56 --> 0:39:51,59 but if it's all right, I would like to say something first. 667 0:39:51,768 --> 0:39:54,521 When I marched into our architect's office 668 0:39:54,604 --> 0:39:57,524 with the six foundational principles of WeGrow, 669 0:39:58,108 --> 0:40:1,820 I told him, "Bjarke, we've got a deadline." 670 0:40:1,903 --> 0:40:3,29 'Cause… 671 0:40:4,281 --> 0:40:7,75 I knew, as a mom, 672 0:40:7,742 --> 0:40:12,998 that it was my responsibility to use everything I have learned in this world 673 0:40:13,81 --> 0:40:15,542 to reimagine early childhood education. 674 0:40:15,625 --> 0:40:17,294 Not just for my kids. 675 0:40:19,170 --> 0:40:20,964 But for all children. 676 0:40:24,217 --> 0:40:26,970 What I didn't know was that… 677 0:40:30,724 --> 0:40:34,853 this school would become my sixth child. 678 0:40:34,936 --> 0:40:35,937 My… 679 0:40:38,732 --> 0:40:41,776 proudest achievement after my own family. 680 0:40:46,698 --> 0:40:50,118 Which is why it breaks my heart to tell you 681 0:40:50,201 --> 0:40:53,246 that WeGrow will be closing at the end of this school year. 682 0:40:55,206 --> 0:40:57,334 Schools locked next year's admissions months ago. 683 0:40:57,417 --> 0:41:0,337 -My child is on scholarship. -Rebekah, what's happening? 684 0:41:0,420 --> 0:41:4,466 I hear you, I hear you and I promise you, 685 0:41:4,549 --> 0:41:7,802 each and every one of your children 686 0:41:7,886 --> 0:41:11,890 has learned the meaning of resilience and adaptability. 687 0:41:11,973 --> 0:41:14,184 What the fuck are you talking about? 688 0:41:14,267 --> 0:41:17,854 Resilience and adaptability won't pay for my kid's tuition. 689 0:41:17,938 --> 0:41:19,606 Okay. Okay… 690 0:41:20,607 --> 0:41:23,235 So, okay, we'll-- Loo-- I-- 691 0:41:24,945 --> 0:41:27,447 -Start your own school. -You can't be serious. 692 0:41:27,530 --> 0:41:28,531 Fuck you, Rebekah. 693 0:41:29,616 --> 0:41:31,534 -Yeah. -No way. 694 0:41:39,376 --> 0:41:42,254 "While our business has never been stronger, 695 0:41:42,337 --> 0:41:44,881 in recent weeks the scrutiny directed toward me 696 0:41:44,965 --> 0:41:47,342 has become a significant distraction. 697 0:41:48,134 --> 0:41:52,222 I have decided that it is in the best interest of the company to step down 698 0:41:52,305 --> 0:41:53,431 as chief executive." 699 0:41:53,515 --> 0:41:55,267 -Jesus. -Fucking dick. 700 0:41:56,226 --> 0:41:57,227 Hey, Chloe. 701 0:42:0,605 --> 0:42:3,483 She sold that bag to a woman on the Upper East Side. 702 0:42:4,192 --> 0:42:5,527 She lost $5,000. 703 0:42:5,610 --> 0:42:6,528 What? 704 0:42:6,611 --> 0:42:8,154 I told her to get it. 705 0:42:9,114 --> 0:42:11,908 Hey, where's Bea? I haven't seen her in a while. 706 0:42:12,993 --> 0:42:15,495 Bea got accepted to HBS. She peaced out. 707 0:42:15,579 --> 0:42:17,289 Bea got into Harvard Business School? 708 0:42:17,372 --> 0:42:18,290 -Yeah. -Yeah. 709 0:42:18,373 --> 0:42:20,292 She wrote her admissions essay about WeWork 710 0:42:20,375 --> 0:42:21,793 and how not to grow a start-up. 711 0:42:23,169 --> 0:42:25,5 Guys. Everyone. 712 0:42:25,755 --> 0:42:27,465 I think he's about to start. 713 0:42:28,8 --> 0:42:29,676 Everyone, can you come, please? 714 0:42:30,635 --> 0:42:34,306 Guys from the computers, can you bring it around? 715 0:42:44,399 --> 0:42:45,817 Are you gonna sing? 716 0:42:47,360 --> 0:42:48,695 No, I'm not gonna sing. 717 0:42:49,738 --> 0:42:51,948 I know that this has been a… 718 0:42:53,33 --> 0:42:56,953 confusing and stressful time. 719 0:42:57,37 --> 0:42:59,998 And I know there's been a lot of rumors and speculation. 720 0:43:0,957 --> 0:43:3,126 About what's happening. 721 0:43:6,338 --> 0:43:11,718 So, I thought you should hear about the future of our company. 722 0:43:11,801 --> 0:43:13,637 Of your company… 723 0:43:16,598 --> 0:43:18,725 directly from its new CEO. 724 0:43:19,309 --> 0:43:20,977 -So… -Okay. 725 0:43:24,731 --> 0:43:26,358 -Cameron Lautner. -What? 726 0:43:26,441 --> 0:43:27,734 So, Cam. 727 0:43:28,443 --> 0:43:29,653 Is this a joke? 728 0:43:30,237 --> 0:43:32,489 -Come on. -Whoa. 729 0:43:44,793 --> 0:43:46,378 Adam Neumann. 730 0:43:46,461 --> 0:43:48,46 Boo. 731 0:43:50,549 --> 0:43:52,634 Adam Neumann. 732 0:43:54,177 --> 0:43:56,680 He's been called lots of things, hasn't he? 733 0:43:57,597 --> 0:43:59,140 What is he, a visionary? 734 0:44:0,100 --> 0:44:3,853 Unicorn? Maverick? A magician? 735 0:44:4,854 --> 0:44:10,151 And like a magician, he's tried to perform a sleight of hand 736 0:44:10,235 --> 0:44:12,70 over the entire financial world. 737 0:44:12,153 --> 0:44:17,617 Crafted an illusion that you all were part of something bigger. 738 0:44:18,201 --> 0:44:21,246 What were you gonna do? Raise the world's consciousness? 739 0:44:21,329 --> 0:44:25,83 Solve world hunger? Care for all the world's orphans? 740 0:44:25,166 --> 0:44:28,461 Excuse me, how the fuck is a shared work space company 741 0:44:28,545 --> 0:44:30,130 supposed to do any of that? 742 0:44:30,714 --> 0:44:33,675 He deluded you. He did! 743 0:44:33,758 --> 0:44:36,970 And what's worse is you deluded yourselves. 744 0:44:37,888 --> 0:44:39,764 Because you forgot what every child knows. 745 0:44:39,848 --> 0:44:41,725 Unicorns don't exist. 746 0:44:42,434 --> 0:44:46,187 They don't. Sorry to be the bearer, but that's the truth. 747 0:44:46,271 --> 0:44:48,189 No matter how much we might want them to. 748 0:44:48,273 --> 0:44:51,568 So I think it's about time that we got really honest 749 0:44:51,651 --> 0:44:54,29 about what we actually do here. 750 0:44:54,112 --> 0:44:56,823 We're not here to raise the world's consciousness. 751 0:44:56,907 --> 0:44:59,701 That's not how capitalism works. 752 0:44:59,784 --> 0:45:3,580 We're here to earn value for our investors, 753 0:45:3,663 --> 0:45:7,626 and we're going to do that by providing high-quality shared work spaces 754 0:45:7,709 --> 0:45:9,544 at a competitive price. 755 0:45:9,628 --> 0:45:14,591 And what are you going to get in return? A fair wage and real profit sharing. 756 0:45:14,674 --> 0:45:18,53 Adam says, "Do what you love"? Is that right? 757 0:45:18,136 --> 0:45:22,224 "Do what you love, the money, oh, it will follow." 758 0:45:22,307 --> 0:45:23,225 What? 759 0:45:23,934 --> 0:45:26,895 No, sir. Excuse me, it's hard work. 760 0:45:26,978 --> 0:45:30,273 That's the truth of it, isn't it? It's hard fucking work. 761 0:45:30,357 --> 0:45:32,484 Work sucks and that's what you've got to do. 762 0:45:32,567 --> 0:45:35,779 That, along with a little bit of luck, and then you'll make the moola. 763 0:45:35,862 --> 0:45:39,824 So, I want to know who's with me. 764 0:45:41,243 --> 0:45:45,330 Who's ready to put down these childish fantasies 765 0:45:45,413 --> 0:45:48,917 of saving the world and unicorns, 766 0:45:49,0 --> 0:45:54,589 and who wants to be part of a real, sustainable company, 767 0:45:54,673 --> 0:45:57,842 with a future that you can really believe in? 768 0:45:58,426 --> 0:46:1,12 -Who's ready? Let me hear you. -Yeah. 769 0:46:2,13 --> 0:46:3,974 Look, there's an adult in charge now. 770 0:46:4,891 --> 0:46:6,226 And I assure you, 771 0:46:7,435 --> 0:46:10,313 WeWork's best days are ahead. 772 0:46:11,231 --> 0:46:13,358 Thank you for your time. Go back to work. 773 0:46:19,281 --> 0:46:20,782 We're fucked. 774 0:46:23,493 --> 0:46:24,703 We're fucked! 775 0:46:25,954 --> 0:46:28,623 I divested from the wave pool company, sold "Air Cannabis," 776 0:46:28,707 --> 0:46:30,333 whatever he was calling that fucking jet. 777 0:46:30,417 --> 0:46:32,794 Got rid of that goddamn school, and we're still bleeding money 778 0:46:32,878 --> 0:46:34,462 out of our fucking tits. 779 0:46:34,546 --> 0:46:35,881 We need to do something. 780 0:46:37,924 --> 0:46:38,925 Layoffs. 781 0:46:39,9 --> 0:46:42,345 Layoffs means severance. Severance means money. 782 0:46:42,429 --> 0:46:44,764 We don't have-- We can't afford to fucking fire people, 783 0:46:44,848 --> 0:46:46,433 that's how fucked we are-- Yes? 784 0:46:46,516 --> 0:46:49,144 You have the board meeting in a half-hour. You should get going. 785 0:46:54,24 --> 0:46:55,150 Okay. 786 0:46:55,233 --> 0:46:56,568 Okay. Come on. 787 0:46:56,651 --> 0:46:58,695 We gotta do something, gotta say something, boy. 788 0:46:58,778 --> 0:47:0,280 Gotta say something. 789 0:47:2,532 --> 0:47:4,576 I don't know what-- 790 0:47:6,953 --> 0:47:8,246 What would Adam do? 791 0:47:10,123 --> 0:47:12,709 We need cash. Simple as that. 792 0:47:12,792 --> 0:47:15,795 We need cash or WeWork's gonna run out of money. 793 0:47:15,879 --> 0:47:18,6 -When? -Under two months. 794 0:47:18,89 --> 0:47:19,132 What? Are you serious? 795 0:47:19,216 --> 0:47:22,510 How are we finding out about this now? How is that possible? 796 0:47:22,594 --> 0:47:24,512 Go on, Miguel. Why don't you tell them how you and Adam 797 0:47:24,596 --> 0:47:25,889 cocked this whole thing up? 798 0:47:28,58 --> 0:47:31,269 We accelerated expansion ahead of the IPO. 799 0:47:31,353 --> 0:47:32,479 Okay. 800 0:47:32,562 --> 0:47:35,65 Construction is expensive, especially when you're trying to rush it. 801 0:47:35,148 --> 0:47:37,567 -Yeah. Of course. -No shit. 802 0:47:37,651 --> 0:47:41,238 You were the guys who wanted to impress the markets, so-- 803 0:47:41,321 --> 0:47:44,157 All right, that-- that stops now. 804 0:47:44,241 --> 0:47:46,117 No more new locations. 805 0:47:46,201 --> 0:47:47,410 We already signed the leases. 806 0:47:47,494 --> 0:47:48,578 Oh, Jesus. 807 0:47:48,662 --> 0:47:49,496 How many? 808 0:47:50,413 --> 0:47:51,456 We're doubling in size. 809 0:47:51,539 --> 0:47:54,751 -That's fucking stupid. -Time out. Time out! You said double? 810 0:47:54,834 --> 0:47:57,420 All right, all right. So… 811 0:47:57,504 --> 0:47:59,422 We're in a bit of a pickle, aren't we? 812 0:47:59,506 --> 0:48:1,633 We need billions of dollars, right? 813 0:48:1,716 --> 0:48:5,178 And we need it in the next eight weeks, so who do we know? 814 0:48:5,262 --> 0:48:9,224 Well, we have at least one investor with pockets deep enough to do that. 815 0:48:9,307 --> 0:48:10,308 SoftBank. 816 0:48:10,392 --> 0:48:15,230 They won't come in now. Not while Adam has the controlling vote. 817 0:48:15,313 --> 0:48:16,648 He's stepped down as CEO, 818 0:48:16,731 --> 0:48:18,692 but the prick still has the majority of shares. 819 0:48:18,775 --> 0:48:22,279 Which means, CEO or not, we can't override his vote. 820 0:48:22,362 --> 0:48:23,655 Shit. 821 0:48:26,491 --> 0:48:28,368 That fucking wanker. 822 0:48:31,37 --> 0:48:32,831 Money doesn't matter. 823 0:48:32,914 --> 0:48:36,251 The only people who say that are the ones who always had it. 824 0:48:36,334 --> 0:48:40,46 And maybe having too much is just as bad as not having any at all. 825 0:48:40,130 --> 0:48:41,840 Trust me, motek. 826 0:48:42,674 --> 0:48:43,925 It's not. 827 0:48:53,310 --> 0:48:55,854 And the only one who knows that more than me 828 0:48:56,813 --> 0:48:57,898 is Masa. 829 0:48:57,981 --> 0:48:59,649 You see what he's doing here, right? 830 0:48:59,733 --> 0:49:4,362 Adam knows Masa is trying to raise $100 billion for Vision Fund 2. 831 0:49:4,988 --> 0:49:7,490 That's going to be impossible if the fucking crown jewel 832 0:49:7,574 --> 0:49:10,327 of Vision Fund 1 has gone bankrupt, right? 833 0:49:11,244 --> 0:49:14,497 Yeah, but if WeWork goes bankrupt, 834 0:49:14,581 --> 0:49:17,334 all of Adam's lenders are coming for him. 835 0:49:18,168 --> 0:49:19,461 He'll lose everything. 836 0:49:20,587 --> 0:49:23,256 Well, I guess it comes down to one question then, doesn't it? 837 0:49:23,340 --> 0:49:25,300 Sorry, what question? 838 0:49:27,93 --> 0:49:28,637 Who's gonna blink first? 839 0:49:59,209 --> 0:50:0,418 Masa. 840 0:50:1,44 --> 0:50:2,879 You're the crazier one. 841 0:50:6,174 --> 0:50:9,386 500 million for you to sell your shares. 842 0:50:12,472 --> 0:50:13,473 Adam? 843 0:50:14,558 --> 0:50:15,850 Are you still there? 844 0:50:19,145 --> 0:50:20,480 Yes. 845 0:50:21,64 --> 0:50:22,524 Did you hear my offer? 846 0:50:22,607 --> 0:50:23,692 Yes. 847 0:50:25,944 --> 0:50:27,70 Well? 848 0:50:30,323 --> 0:50:31,324 No. 849 0:50:42,669 --> 0:50:44,4 What did he say? 850 0:50:45,589 --> 0:50:49,92 He made an offer. He'll make another one. 851 0:50:52,220 --> 0:50:54,14 Are you sure? 852 0:50:54,97 --> 0:50:57,517 A high-stakes standoff is playing out behind closed doors 853 0:50:57,601 --> 0:50:59,769 over the fate of WeWork. 854 0:51:41,686 --> 0:51:42,687 Yes? 855 0:51:42,771 --> 0:51:44,856 Adam Neumann essentially getting to ride off 856 0:51:44,940 --> 0:51:48,443 into the sunset, like you said there, with a golden parachute. 857 0:51:48,526 --> 0:51:52,489 This deal includes $975 million 858 0:51:52,572 --> 0:51:56,368 for a cap-out to buy shares that Neumann owns, 859 0:51:56,451 --> 0:51:58,578 $500 million for a loan 860 0:51:58,662 --> 0:52:3,124 and $185 million for a "consulting fee." 861 0:52:3,208 --> 0:52:5,252 He's now going to step down from the board, 862 0:52:5,335 --> 0:52:10,882 and this will see SoftBank take 80% of this troubled company. 863 0:52:10,966 --> 0:52:13,593 We're already seeing some employees really worried 864 0:52:13,677 --> 0:52:16,638 about what this massive payout for Adam Neumann means. 865 0:54:33,567 --> 0:54:34,568 See? 866 0:54:35,151 --> 0:54:36,987 This is all we need. 867 0:54:37,946 --> 0:54:42,33 Water, sun, air, us. 868 0:54:43,535 --> 0:54:44,953 I feel reborn. 869 0:54:51,126 --> 0:54:52,127 What? 870 0:54:53,503 --> 0:54:54,880 Just got the email. 871 0:54:55,964 --> 0:54:57,173 It's official. 872 0:54:58,633 --> 0:54:59,634 Ho-- 873 0:54:59,718 --> 0:55:3,96 It's the rights for the curriculum for WeGrow. 874 0:55:3,179 --> 0:55:4,556 I bought them for you. 875 0:55:7,392 --> 0:55:9,561 Of course, we can't use the name WeGrow, 876 0:55:10,729 --> 0:55:12,564 but I know you'll think of something. 877 0:55:19,321 --> 0:55:20,989 Thank you so much. 878 0:55:21,72 --> 0:55:23,241 No, thank you. Thank you. 879 0:55:27,37 --> 0:55:29,998 Oh, wait, honey. Adam, your goggles. 880 0:55:30,81 --> 0:55:32,167 Don't worry about me. I know the Dead Sea. 881 0:55:32,250 --> 0:55:33,835 I'm an old Navy man. 882 0:55:33,919 --> 0:55:37,47 Okay, just please. The salt, your eyes, just-- 883 0:55:37,589 --> 0:55:40,717 How are you doing? Do you want to watch your daddy swim? 884 0:55:40,800 --> 0:55:43,803 You want to watch me? I'm going look for a whale. Okay. 885 0:55:43,887 --> 0:55:47,224 I'm going to bring one back for you. You watch! 886 0:55:59,694 --> 0:56:0,779 Adam! 887 0:56:7,244 --> 0:56:8,245 Hello? 888 0:56:8,745 --> 0:56:10,413 Oh, Rebekah. How are you? 889 0:56:10,497 --> 0:56:12,374 How is Tel Aviv? 890 0:56:12,457 --> 0:56:13,541 Good. 891 0:56:14,167 --> 0:56:16,711 Good. I'm looking for Adam. 892 0:56:16,795 --> 0:56:19,339 Yeah. He just went for a swim, 893 0:56:19,422 --> 0:56:22,926 but do you want to leave a message? 894 0:56:23,552 --> 0:56:26,721 No, no. No message. Just a question. 895 0:56:26,805 --> 0:56:28,598 For you. 896 0:56:28,682 --> 0:56:29,933 Okay. 897 0:56:31,434 --> 0:56:34,604 Who wins in a fight? The smart one or the crazy one? 898 0:56:35,188 --> 0:56:36,690 What? 899 0:56:36,773 --> 0:56:38,942 Who wins in a fight? 900 0:56:39,25 --> 0:56:41,486 The smart one or the crazy one? 901 0:56:46,992 --> 0:56:48,201 The smart one. 902 0:56:48,827 --> 0:56:50,912 You're smarter than your husband. 903 0:56:50,996 --> 0:56:52,497 He said the crazy one. 904 0:56:53,957 --> 0:56:55,584 But it's a trick question. 905 0:56:55,667 --> 0:56:58,44 It's not the smart one or the crazy one. 906 0:57:1,131 --> 0:57:2,173 Then who? 907 0:57:3,758 --> 0:57:6,469 The one with all the money. 908 0:57:11,266 --> 0:57:13,935 I-I don't understand, what are you… 909 0:57:16,897 --> 0:57:19,107 You will never get that buyout package. 910 0:57:19,190 --> 0:57:20,942 Not a single penny. 911 0:57:21,26 --> 0:57:22,569 I will make sure of it. 912 0:57:26,72 --> 0:57:28,408 You and Adam have a deal. 913 0:57:29,326 --> 0:57:32,913 The next time we speak will be through lawyers. 914 0:57:34,456 --> 0:57:35,415 Ma-- 915 0:57:35,916 --> 0:57:36,917 A-- 916 0:57:39,44 --> 0:57:40,45 Adam. 917 0:57:40,128 --> 0:57:43,882 Adam. Adam. Adam. 918 0:57:43,965 --> 0:57:45,508 Adam, the money. 919 0:57:46,801 --> 0:57:48,94 The money! 920 0:57:49,679 --> 0:57:51,765 My eyes. My eyes! 921 0:57:51,848 --> 0:57:53,934 -Adam, the money! -I can't see! 922 0:57:54,17 --> 0:57:55,894 -Adam! -My eyes, I can't see. 923 0:57:55,977 --> 0:57:57,395 I can't see. 924 0:57:57,479 --> 0:57:58,438 Adam! The money! 925 0:57:58,521 --> 0:58:0,690 Help us! Please! 926 0:59:5,755 --> 0:59:7,924 When I met Rebekah about nine years ago, 927 0:59:8,8 --> 0:59:12,137 and then she was my girlfriend, um, I weighed about 20 pounds less than today. 928 0:59:12,220 --> 0:59:14,639 I was smoking two packs of cigarettes a day, 929 0:59:14,723 --> 0:59:16,808 I had a lot of very unhealthy habits. 930 0:59:16,892 --> 0:59:20,20 And even though I was a big talker, I had nothing to show for it. 931 0:59:20,103 --> 0:59:22,63 The first thing she told me is, 'You're full of shit.'' 932 0:59:22,147 --> 0:59:23,440 That was the first thing. 933 0:59:23,523 --> 0:59:27,152 "You talk like you are all that, you literally can't even buy me dinner." 934 0:59:27,235 --> 0:59:29,279 She said, "Even though this-- I do believe in equality 935 0:59:29,362 --> 0:59:30,697 between men and women." She said, 936 0:59:30,780 --> 0:59:33,33 "It's okay if you paid for dinner one time, it's not a bad thing." 937 0:59:33,116 --> 0:59:35,660 Because I would offer to pay, being polite, and he would accept. 938 0:59:35,744 --> 0:59:38,788 Which just was completely strange for an American girl. 939 0:59:38,872 --> 0:59:40,916 And she said-- she said to me, 940 0:59:40,999 --> 0:59:44,711 "If you don't immediately stop chasing the wrong thing, 941 0:59:44,794 --> 0:59:46,463 actually find your passion, 942 0:59:46,546 --> 0:59:49,7 find what it is that makes a difference for you. 943 0:59:49,90 --> 0:59:52,719 Find, and then take that, mix it with what you do, what you love at the most." 944 0:59:52,802 --> 0:59:54,638 Which in my case is bringing people together. 945 0:59:54,721 --> 0:59:56,848 And I do happen to love buildings, I don't know why. 946 0:59:56,932 --> 0:59:59,517 "If you don't find a way to bring these two things together 947 0:59:59,601 --> 1:0:1,519 and really do something meaningful for the world, 948 1:0:1,603 --> 1:0:4,105 not only will nothing you do never really work, 949 1:0:4,189 --> 1:0:6,983 even if something did work, you'll never feel fulfilled." 950 1:0:7,67 --> 1:0:9,736 She said, "My suggestion for you is, drop everything you're doing, 951 1:0:9,819 --> 1:0:11,71 go find something real. 952 1:0:11,154 --> 1:0:14,157 Stop worrying about the bottom line, because it's not about that. 953 1:0:14,241 --> 1:0:17,577 Redefine success and fulfillment as something greater than yourself, 954 1:0:17,661 --> 1:0:20,330 and the rest will follow." I have to say, I did all of that. 955 1:0:20,413 --> 1:0:22,165 -Rebekah, I want to say thank you. -Adam, my love. 956 1:0:22,249 --> 1:0:24,167 -I'd be nothing without you. -Well put. 63902

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