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1
00:01:03,732 --> 00:01:07,068
Hello, and shalom, and
thank you for coming.
2
00:01:07,152 --> 00:01:10,822
If you're watching this, well,
you probably know who I am.
3
00:01:10,906 --> 00:01:14,701
For those of you just tuning
in, my name is Adam Neumann.
4
00:01:14,784 --> 00:01:17,162
And I am many things.
5
00:01:17,245 --> 00:01:20,832
Immigrant, entrepreneur, husband,
father, disrupter, maverick,
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00:01:20,916 --> 00:01:25,086
creator, and founder and
CEO of The We Company,
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00:01:25,170 --> 00:01:29,257
the third most valuable
private company in the world.
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00:01:30,508 --> 00:01:33,762
I could give you my
version of how we got here,
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00:01:33,845 --> 00:01:36,431
but that is the past.
10
00:01:36,514 --> 00:01:39,476
And I am more interested
in the future.
11
00:01:39,559 --> 00:01:42,354
So come with me. Come with me.
12
00:01:42,437 --> 00:01:46,358
It is time for
the We revolution.
13
00:01:56,743 --> 00:01:57,743
Line.
14
00:01:59,079 --> 00:02:01,748
These are the new talking
points. Stick to them.
15
00:02:01,831 --> 00:02:02,874
Hang up the phone.
16
00:02:02,958 --> 00:02:04,393
Don't say anything but
new talking points.
17
00:02:04,417 --> 00:02:05,502
Hang up the phone, Cindy!
18
00:02:05,585 --> 00:02:07,462
- Hang up the phone!
- God dammit!
19
00:02:07,546 --> 00:02:09,838
Just tell them we'll call them
back later. Do not comment.
20
00:02:09,923 --> 00:02:11,466
- What?
- Wall Street Journal.
21
00:02:11,550 --> 00:02:14,089
It is our S-1. We're very proud of
it. I have to go now. Thank you.
22
00:02:16,680 --> 00:02:17,722
This is Damian.
23
00:02:18,723 --> 00:02:20,910
No, I don't have a comment on
the S-1. It speaks for itself.
24
00:02:20,934 --> 00:02:22,310
Oh, my God. Hand me napkins.
25
00:02:22,394 --> 00:02:24,604
- Cereal... What cereal box?
- Hi.
26
00:02:24,688 --> 00:02:26,606
- No, he's not. We're aware.
- Okay.
27
00:02:26,690 --> 00:02:28,358
What about a cereal box?
28
00:02:33,989 --> 00:02:35,156
Why are you here?
29
00:02:37,576 --> 00:02:38,952
To... To...
30
00:02:40,078 --> 00:02:41,830
To talk about the S-1.
31
00:02:44,541 --> 00:02:46,626
It's perfect, is it not?
32
00:02:46,710 --> 00:02:48,336
I mean, we think it's perfect.
33
00:02:48,420 --> 00:02:51,172
- Yeah. We love it.
- Absolutely, so…
34
00:02:54,050 --> 00:02:58,221
So, what are they saying?
35
00:02:58,305 --> 00:03:00,807
There's the... the losses.
36
00:03:00,891 --> 00:03:05,020
And then there's
the... the pictures.
37
00:03:05,103 --> 00:03:06,789
- Pictures?
- People are upset about the pictures?
38
00:03:06,813 --> 00:03:08,082
- Pictures gave it life.
- I know.
39
00:03:08,106 --> 00:03:10,942
I know. It's silly, but it's...
40
00:03:11,026 --> 00:03:14,070
Some people think an... an S-1
41
00:03:14,154 --> 00:03:16,865
shouldn't traditionally
have photo spreads...
42
00:03:16,948 --> 00:03:18,575
- That's why it's in there.
- Exactly!
43
00:03:18,658 --> 00:03:19,659
That's why we did it.
44
00:03:21,828 --> 00:03:22,828
Take it away.
45
00:03:23,330 --> 00:03:28,293
The real estate industry
is currently experiencing…
46
00:03:29,002 --> 00:03:32,839
The real estate industry is
currently experiencing a…
47
00:03:34,049 --> 00:03:36,468
Paradigm shift from a…
48
00:03:37,135 --> 00:03:41,223
Paradigm shift from a…
49
00:03:44,601 --> 00:03:46,519
Fuck!
50
00:03:46,603 --> 00:03:50,523
Guys, it's a financial
document that no one reads.
51
00:03:50,607 --> 00:03:52,442
Well, they do read The
Wall Street Journal,
52
00:03:52,525 --> 00:03:53,818
and they're working on a story.
53
00:03:53,902 --> 00:03:56,696
- What do you mean?
- What story? There's no story.
54
00:03:56,780 --> 00:03:59,074
Yeah, I mean, late-night
parties, tequila shots,
55
00:03:59,157 --> 00:04:01,785
and a brick of weed
in a cereal box
56
00:04:01,868 --> 00:04:03,346
- on an international flight.
- It's a cube.
57
00:04:03,370 --> 00:04:04,829
It was not... It was a cube.
58
00:04:04,913 --> 00:04:08,166
Oh, my fucking God! The
Wall Street Journal?
59
00:04:08,250 --> 00:04:11,086
- Okay, okay, okay, okay.
- I'm out of here.
60
00:04:11,169 --> 00:04:14,297
- You can't let them run that story.
- Right.
61
00:04:14,881 --> 00:04:16,675
No, Damian, you can't
let them run that story!
62
00:04:16,757 --> 00:04:17,759
Sorry.
63
00:04:17,841 --> 00:04:19,469
You can't run the story.
64
00:04:20,512 --> 00:04:23,139
Because it's a non-story, Eliot.
65
00:04:23,223 --> 00:04:26,101
No, investors are not losing
confidence in the IPO.
66
00:04:26,851 --> 00:04:30,355
Investors are losing
confidence in the IPO.
67
00:04:32,315 --> 00:04:33,525
We need to postpone it.
68
00:04:34,025 --> 00:04:35,151
No, no, no.
69
00:04:35,235 --> 00:04:38,905
No, no, we're not going to postpone.
We're not postponing, Jamie.
70
00:04:39,781 --> 00:04:42,409
If we don't postpone, we
have to lower the valuation.
71
00:04:43,702 --> 00:04:44,703
By how much?
72
00:04:45,370 --> 00:04:46,454
Closer to 20.
73
00:04:46,538 --> 00:04:50,333
You want to lower the
valuation by $27 billion?
74
00:04:50,417 --> 00:04:53,962
Jamie, do you know what causes
investors to lose confidence?
75
00:04:54,045 --> 00:04:55,505
That. That does.
76
00:04:55,589 --> 00:04:58,550
It's a tough time
to be a unicorn.
77
00:04:58,633 --> 00:05:00,594
There's a lot of
scrutiny out there.
78
00:05:00,677 --> 00:05:04,139
Uber, Lyft, Peloton, Slack, they're
all under performing post-IPO.
79
00:05:04,222 --> 00:05:05,640
All of them.
80
00:05:06,474 --> 00:05:09,436
The "unicorn stampede."
It has become a bloodbath.
81
00:05:09,519 --> 00:05:14,065
And so, to kind of illustrate this
point, we recently saw, just last week
82
00:05:14,149 --> 00:05:16,151
an issue with We Work,
83
00:05:16,234 --> 00:05:19,863
where We Work was making this
transition from the private markets,
84
00:05:19,946 --> 00:05:23,283
trying to get ready for an
IPO to the public market,
85
00:05:23,366 --> 00:05:28,496
and they had raised on a previous
valuation of $47 billion.
86
00:05:28,580 --> 00:05:33,209
They just decided overnight, "Just
kidding, we're worth 20 billion."
87
00:05:33,293 --> 00:05:35,921
And so, if you
invested in We Work,
88
00:05:36,004 --> 00:05:37,923
thinking that it had a
valuation of 47 billion…
89
00:05:38,006 --> 00:05:39,299
Your time has expired.
90
00:05:39,382 --> 00:05:40,926
…you're getting fleeced.
91
00:05:42,636 --> 00:05:44,387
I donated to her campaign.
92
00:05:44,471 --> 00:05:47,098
Fuck her. She's a
fucking socialist.
93
00:05:47,182 --> 00:05:49,935
She is misrepresenting
the private markets.
94
00:05:50,018 --> 00:05:52,103
You're dealing with very
sophisticated investors.
95
00:05:52,187 --> 00:05:55,315
Could you stop sending me
the daily press briefings?
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00:05:55,398 --> 00:05:57,442
They're just... All of
the mentions are bad,
97
00:05:57,525 --> 00:06:00,695
and I'm starting to let
negative thoughts in and…
98
00:06:02,948 --> 00:06:03,949
Let's go.
99
00:06:04,532 --> 00:06:06,451
Why do they hate us so much?
100
00:06:08,411 --> 00:06:10,622
All we wanted to do
was save the world.
101
00:06:11,373 --> 00:06:13,208
We got this. Damian!
102
00:06:13,291 --> 00:06:15,544
We got it. We got
it, Damian! Got it.
103
00:06:15,627 --> 00:06:19,130
There's a lot of noise back there.
I think we need to simmer it down.
104
00:06:19,214 --> 00:06:20,715
Calm it down. Find your spot.
105
00:06:20,799 --> 00:06:23,468
- Fungible. Ible…
- Okay. It's so good. It's so good.
106
00:06:23,552 --> 00:06:25,345
- Is it?
- That is such a hard line.
107
00:06:25,428 --> 00:06:28,848
Commodities and… You're
getting a little tight in here.
108
00:06:28,932 --> 00:06:30,016
So why don't we just...
109
00:06:32,852 --> 00:06:36,147
Say this with me. A proper pot
of coffee in a proper coffee pot.
110
00:06:36,231 --> 00:06:39,734
A proper cot of... A proper
pot of coffee in a p...
111
00:06:39,818 --> 00:06:41,278
- Yes.
- A proper pot of coffee
112
00:06:41,361 --> 00:06:42,862
in a proper coffee pot.
113
00:06:42,946 --> 00:06:45,365
A proper cop pet potty
in a proper coppy pot.
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00:06:45,448 --> 00:06:46,324
- I got it.
- Okay. Great.
115
00:06:46,408 --> 00:06:48,577
- A proper copper potty...
- Esther.
116
00:06:49,077 --> 00:06:51,329
Proper pot of coffee
in a proper coffee pot.
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00:06:51,997 --> 00:06:53,456
Let it loose. And…
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00:06:53,540 --> 00:06:54,541
Action.
119
00:06:54,624 --> 00:06:56,626
It's bad, Adam. It's bad.
120
00:06:56,710 --> 00:07:00,005
It's a bit of bad press over
a silly financial document.
121
00:07:00,088 --> 00:07:01,089
It will blow over.
122
00:07:01,172 --> 00:07:03,300
Listen, you had a hell of
an idea for a business,
123
00:07:03,383 --> 00:07:07,596
you built it into something that far
exceeded my wildest expectations,
124
00:07:07,679 --> 00:07:11,725
and now you're gonna fuck it
all up over all this nonsense?
125
00:07:12,517 --> 00:07:14,477
What are you talking
about "nonsense," Bruce?
126
00:07:14,561 --> 00:07:16,563
- Nonsense?
- The succession plan.
127
00:07:16,646 --> 00:07:18,982
What about the succession plan?
128
00:07:19,065 --> 00:07:20,775
Rebekah gets to
choose your successor?
129
00:07:20,859 --> 00:07:24,195
This is about to be a public
company. Not a monarchy.
130
00:07:24,279 --> 00:07:27,824
But it is. It is like
a monarchy, okay.
131
00:07:27,908 --> 00:07:31,411
My family is the moral
compass of this company.
132
00:07:31,494 --> 00:07:35,749
See? You have to stop
saying things like that.
133
00:07:35,832 --> 00:07:39,794
I am now begging
you. Please, please.
134
00:07:42,464 --> 00:07:44,591
What if I give you something
else? Give me 24 hours.
135
00:07:44,674 --> 00:07:47,719
Benchmark invested 16.5
million in We Work,
136
00:07:47,802 --> 00:07:50,764
and you've already cashed out
over 300 million worth of shares.
137
00:07:50,847 --> 00:07:53,725
You've made 20 times your
investment, and, and,
138
00:07:53,808 --> 00:07:55,936
you'll make another
billion from the IPO.
139
00:07:56,019 --> 00:08:00,106
So don't talk to me about nonsense,
Bruce. My nonsense has made you a fortune.
140
00:08:00,190 --> 00:08:03,401
We just need to get in
front of the investors.
141
00:08:03,902 --> 00:08:05,570
The road show, it
starts next week.
142
00:08:05,654 --> 00:08:08,823
And for the ones who can't meet me
in person, we're making a video.
143
00:08:08,907 --> 00:08:12,327
We're bringing in the crew from
Hollywood. We've spared no expense.
144
00:08:12,410 --> 00:08:16,581
And trust me when I say this,
trust me, I will bring my A-game.
145
00:08:20,001 --> 00:08:21,002
Okay.
146
00:08:25,257 --> 00:08:26,841
Okay. Okay.
147
00:08:28,093 --> 00:08:29,135
This is it.
148
00:08:29,219 --> 00:08:32,429
I am committed to building
not just a good business,
149
00:08:32,514 --> 00:08:34,432
- but a great company.
- What?
150
00:08:34,515 --> 00:08:36,452
- And I promise, in my decisions…
- They're running it.
151
00:08:36,476 --> 00:08:38,645
- …I will remain loyal to whatever is...
- Shit.
152
00:08:39,729 --> 00:08:40,647
Again.
153
00:08:40,730 --> 00:08:41,898
You got it.
154
00:08:42,691 --> 00:08:46,486
I am committed to building not just
a good business, but a great company.
155
00:08:46,570 --> 00:08:47,571
And I promise
156
00:08:47,654 --> 00:08:50,198
that in my decisions,
I will remain loyal
157
00:08:50,282 --> 00:08:53,994
to whatever is best in the
long term for the greater We.
158
00:08:55,120 --> 00:08:57,581
Our employees, our
members, our partners,
159
00:08:57,664 --> 00:09:02,419
our investors and, most
importantly, our planet.
160
00:09:02,919 --> 00:09:08,091
So come with me, and let's
build the future together.
161
00:09:08,174 --> 00:09:09,342
Good.
162
00:09:10,719 --> 00:09:13,680
- Good? Good? Great?
- Yeah, great actually.
163
00:09:13,763 --> 00:09:14,931
- Great.
- I heard a "great."
164
00:09:15,015 --> 00:09:16,266
- That was great.
- Esther?
165
00:09:16,349 --> 00:09:18,768
- It was great. You did it. You did it.
- I heard a "great."
166
00:09:18,852 --> 00:09:21,229
- You did it. You manifested it.
- Did you have any doubt?
167
00:09:21,313 --> 00:09:23,429
- No, didn't have any doubt.
- No, no, you had no doubt.
168
00:09:23,481 --> 00:09:24,691
- Nothing.
- Okay.
169
00:09:24,774 --> 00:09:25,984
You manifested it.
170
00:09:26,610 --> 00:09:28,069
Damian, how was it?
171
00:09:29,613 --> 00:09:32,198
Damian, my PR guru,
how was it? Okay?
172
00:09:32,908 --> 00:09:34,326
I think we're finished.
173
00:09:35,285 --> 00:09:39,539
- Hey, yes!
- Okay.
174
00:09:39,623 --> 00:09:42,292
- Are you gonna tell them?
- Fuck no.
175
00:09:42,375 --> 00:09:43,960
- Thank you all…
- Where are you going?
176
00:09:44,044 --> 00:09:46,087
Back to the style section.
177
00:09:55,722 --> 00:09:58,642
He's a goddamn punch line.
"Neumann is known for making claims
178
00:09:58,725 --> 00:10:01,102
such as becoming the
world's first trillionaire,
179
00:10:01,186 --> 00:10:04,147
becoming president of the
world, and living forever."
180
00:10:04,231 --> 00:10:06,233
Sounds like a maniac.
181
00:10:06,316 --> 00:10:07,317
It's humiliating.
182
00:10:07,400 --> 00:10:08,860
He will never survive this.
183
00:10:08,944 --> 00:10:10,779
Survive it? No,
he's dead already.
184
00:10:10,862 --> 00:10:15,200
No, I am talking about us.
This is humiliating for us.
185
00:10:15,283 --> 00:10:19,496
Bruce, he's gotta go. Partying has
long been a feature of his work life
186
00:10:19,579 --> 00:10:20,997
maniac.
187
00:10:21,081 --> 00:10:22,582
The guy's a nut job…
188
00:10:29,256 --> 00:10:32,968
All those in favor, please
signify by saying, "Aye."
189
00:10:33,051 --> 00:10:34,052
Aye.
190
00:10:40,016 --> 00:10:42,561
Call his office and
get him down here.
191
00:10:42,644 --> 00:10:44,229
Yes, I understand it's urgent.
192
00:10:53,113 --> 00:10:54,447
Good morning!
193
00:11:21,308 --> 00:11:22,559
Okay.
194
00:11:36,281 --> 00:11:38,617
'Cause we are going
to IPO in two weeks.
195
00:11:39,618 --> 00:11:42,662
Adam, an IPO is out
of the question.
196
00:11:43,330 --> 00:11:44,873
I don't accept that.
197
00:11:44,956 --> 00:11:46,583
- Adam.
- I don't accept it.
198
00:11:46,666 --> 00:11:48,293
- And furthermore…
- Adam. Adam.
199
00:11:48,376 --> 00:11:49,937
…I don't believe you
have the faith in me...
200
00:11:49,961 --> 00:11:51,129
Adam.
201
00:11:52,130 --> 00:11:53,965
The board voted this morning.
202
00:11:55,258 --> 00:11:56,551
We want you out.
203
00:11:58,970 --> 00:12:00,013
Call the lawyers.
204
00:12:00,096 --> 00:12:01,848
Yeah. Which one?
205
00:12:01,932 --> 00:12:03,016
All of them.
206
00:12:14,778 --> 00:12:15,778
Oh, thank you.
207
00:12:20,033 --> 00:12:21,910
Well,
208
00:12:21,993 --> 00:12:25,580
I have no idea how you got your
investors to agree to this,
209
00:12:25,664 --> 00:12:31,711
but your "super voting" shares
give you 20 votes on each share.
210
00:12:32,295 --> 00:12:36,341
You basically control 65% of the
vote on any corporate matter.
211
00:12:36,424 --> 00:12:40,887
So you're right,
they can't fire you.
212
00:12:40,971 --> 00:12:42,556
- Good.
- Great.
213
00:12:42,639 --> 00:12:43,723
Now we fire them.
214
00:12:45,809 --> 00:12:46,810
Which ones?
215
00:12:47,394 --> 00:12:49,938
Every single person
on the board.
216
00:12:53,692 --> 00:12:55,610
Robb, why don't you take this?
217
00:13:01,408 --> 00:13:04,619
Legally, yes, you
could fire them.
218
00:13:04,703 --> 00:13:08,623
But you do need a
board of directors.
219
00:13:09,708 --> 00:13:10,709
Why?
220
00:13:10,792 --> 00:13:12,460
It's required by state law.
221
00:13:14,629 --> 00:13:16,006
The question is…
222
00:13:18,174 --> 00:13:19,968
Can we change the law?
223
00:13:24,639 --> 00:13:26,766
That might take a while.
224
00:13:30,395 --> 00:13:31,396
Okay...
225
00:13:32,022 --> 00:13:35,191
We can appoint anyone we
want to the board, correct?
226
00:13:35,775 --> 00:13:38,028
Who we like, who we
trust, who we can
227
00:13:38,111 --> 00:13:41,114
- we feel has the right energy.
- Yes. Yes, yes.
228
00:13:42,115 --> 00:13:43,909
Jen, Matthew?
229
00:13:44,868 --> 00:13:47,329
Birdie. Phil.
230
00:13:47,412 --> 00:13:48,538
- Unfortunately…
- Yes.
231
00:13:48,622 --> 00:13:52,417
…the NYSE and NASDAQ exchanges
require them to be independent.
232
00:13:54,294 --> 00:13:58,215
Legally, the board is meant to
provide experience and advice.
233
00:13:58,298 --> 00:13:59,382
God.
234
00:14:00,508 --> 00:14:04,012
Okay, so what about.
235
00:14:05,138 --> 00:14:06,181
Elon?
236
00:14:07,098 --> 00:14:08,099
Well...
237
00:14:08,183 --> 00:14:09,643
Elon.
238
00:14:09,726 --> 00:14:13,647
Elon's a peer, right? So he can't tell
you anything you don't already know.
239
00:14:13,730 --> 00:14:15,106
- I think...
- True.
240
00:14:15,190 --> 00:14:18,526
I think Warren. Or Bill.
241
00:14:18,610 --> 00:14:19,653
Obama.
242
00:14:20,612 --> 00:14:22,989
Barack's great, but
he's not a businessman.
243
00:14:23,073 --> 00:14:26,952
If you try to fire the board,
244
00:14:27,035 --> 00:14:29,079
you're looking at a
lengthy legal fight.
245
00:14:29,162 --> 00:14:34,000
And based on what you've told
us, that's time you don't have.
246
00:14:34,084 --> 00:14:36,962
Look, you don't have
a legal problem.
247
00:14:38,004 --> 00:14:39,381
You have an image problem.
248
00:14:40,131 --> 00:14:45,095
The public markets want a
steady hand at the wheel.
249
00:14:46,846 --> 00:14:48,139
Not a rock star.
250
00:14:49,474 --> 00:14:51,601
Okay, you're talking
about gravitas.
251
00:14:51,685 --> 00:14:52,811
- Exactly.
- Okay.
252
00:14:52,894 --> 00:14:56,273
Show them that you can
run a public company.
253
00:14:58,984 --> 00:15:01,861
Gravitas. Gravitas.
254
00:15:01,945 --> 00:15:02,946
Perfect.
255
00:15:06,116 --> 00:15:07,742
Where's Adam?
256
00:15:08,368 --> 00:15:09,953
The natives are
getting restless.
257
00:15:10,036 --> 00:15:11,921
Dude, what... Nobody uses
that expression anymore.
258
00:15:11,955 --> 00:15:14,499
Well, we need to say
something to them.
259
00:15:17,794 --> 00:15:20,547
- Me?
- You're the co-founder of the company.
260
00:15:20,630 --> 00:15:21,882
Yeah, dude, you got this.
261
00:15:21,965 --> 00:15:24,026
- You're gonna be great.
- They're scared. Speak to that fear.
262
00:15:24,050 --> 00:15:25,802
- Okay.
- They know your face.
263
00:15:25,886 --> 00:15:27,697
- Use your height.
- Tell them everything's cool.
264
00:15:27,721 --> 00:15:29,615
- Everything's gonna be taken care of.
- Everything's okay.
265
00:15:29,639 --> 00:15:32,309
- Easy.
- Loose. Loose, loose, loose.
266
00:15:32,392 --> 00:15:33,435
It's okay.
267
00:15:34,895 --> 00:15:36,605
Everyone.
268
00:15:37,647 --> 00:15:39,566
Excuse me, everyone.
269
00:15:40,525 --> 00:15:41,818
Excuse me, everyone!
270
00:15:45,530 --> 00:15:46,656
Hey...
271
00:15:48,533 --> 00:15:49,784
Excuse me, everyone.
272
00:15:50,327 --> 00:15:52,162
Please, guys.
273
00:15:53,580 --> 00:15:55,332
Guys... Sorry.
274
00:15:55,415 --> 00:15:57,375
Hey... Hi, everyone.
275
00:15:59,961 --> 00:16:01,087
Happy Monday.
276
00:16:01,171 --> 00:16:06,009
Good morning. TGIM, right?
277
00:16:06,801 --> 00:16:08,136
Is Adam fired?
278
00:16:09,095 --> 00:16:10,138
What? No.
279
00:16:11,014 --> 00:16:13,767
Everything... Everything's
under control.
280
00:16:13,850 --> 00:16:15,268
What about the IPO?
281
00:16:15,352 --> 00:16:16,895
What happens with
our stock options?
282
00:16:16,978 --> 00:16:18,396
Are we getting fired?
283
00:16:18,480 --> 00:16:21,149
No, no one is getting fired yet.
284
00:16:21,233 --> 00:16:23,026
- Yet?
- What does that mean?
285
00:16:23,693 --> 00:16:26,988
No. Guys, listen. Hey,
hey, hey, everyone.
286
00:16:28,323 --> 00:16:32,744
Look, I know you're all looking
for a little reassurance right now.
287
00:16:33,286 --> 00:16:36,122
And you deserve that. So…
288
00:16:37,707 --> 00:16:39,709
There's a few things I can say.
289
00:16:39,793 --> 00:16:43,046
It's every...
290
00:16:44,673 --> 00:16:46,341
Every little thing…
291
00:16:47,634 --> 00:16:51,805
Every little thing Is
gonna be all right.
292
00:16:53,932 --> 00:16:56,142
I said don't worry.
293
00:16:57,519 --> 00:16:58,937
About a thing.
294
00:17:01,273 --> 00:17:05,193
'Cause every little thing
Is gonna be all right.
295
00:17:06,611 --> 00:17:08,071
Said don't worry...
296
00:17:08,154 --> 00:17:10,574
Oh, thank God. Adam's here.
297
00:17:16,371 --> 00:17:17,372
Adam, everyone.
298
00:17:22,127 --> 00:17:23,128
Colleagues,
299
00:17:24,713 --> 00:17:28,300
friends and family.
300
00:17:30,176 --> 00:17:32,220
This is a pivotal moment.
301
00:17:33,221 --> 00:17:37,601
And I am so proud, so very grateful
to have you all gathered here today.
302
00:17:43,857 --> 00:17:45,942
There's a lot of
noise out there.
303
00:17:47,861 --> 00:17:51,406
A lot of gossip, a lot of talk.
304
00:17:52,365 --> 00:17:53,491
About me.
305
00:17:55,785 --> 00:17:56,786
About us.
306
00:17:58,872 --> 00:18:03,335
Because that is what people
do when they're afraid.
307
00:18:04,085 --> 00:18:06,755
Do you understand
what we have all done?
308
00:18:07,964 --> 00:18:10,800
Do you understand? We...
309
00:18:10,884 --> 00:18:13,094
We poked the bear.
310
00:18:13,178 --> 00:18:14,888
We poked that bear.
311
00:18:14,971 --> 00:18:18,808
We disrupted a
trillion-dollar industry.
312
00:18:18,892 --> 00:18:23,688
And we will emerge stronger and
more fearless and more revolutionary
313
00:18:23,772 --> 00:18:25,482
than ever before!
314
00:18:26,358 --> 00:18:27,567
Yes!
315
00:18:27,651 --> 00:18:30,570
More dedicated, and
even more committed.
316
00:18:31,196 --> 00:18:35,575
Committed to our mission to
elevate the world's consciousness!
317
00:18:36,243 --> 00:18:37,244
Thank you, Rivka.
318
00:18:37,327 --> 00:18:42,916
And I, I will never not
be the CEO of We Work!
319
00:18:48,755 --> 00:18:50,006
Yeah…
320
00:18:51,758 --> 00:18:54,302
- When I say "We," you say…
- Work.
321
00:18:54,386 --> 00:18:55,554
- We!
- Work.
322
00:18:55,637 --> 00:18:57,055
Step down.
323
00:19:00,600 --> 00:19:01,726
Who said that?
324
00:19:05,480 --> 00:19:06,481
Who was it?
325
00:19:09,359 --> 00:19:10,485
How dare you?
326
00:19:16,032 --> 00:19:17,576
It's okay. It's okay.
327
00:19:23,748 --> 00:19:24,874
You've lost them.
328
00:19:24,958 --> 00:19:28,295
Your interests and the interests
of your employees have diverged.
329
00:19:28,378 --> 00:19:31,840
No, I don't believe that. I-I just...
They're... They're just scared.
330
00:19:31,923 --> 00:19:34,551
No. They're angry.
331
00:19:35,468 --> 00:19:40,515
They've spent two years, five years,
a decade toiling away for low wages,
332
00:19:40,599 --> 00:19:42,767
for an IPO payday that
now may never come.
333
00:19:42,851 --> 00:19:44,728
- No. It's coming. Coming.
- I mean...
334
00:19:44,811 --> 00:19:46,730
- They will feel used…
- It's coming.
335
00:19:46,813 --> 00:19:48,773
…and they will blame you.
336
00:19:48,857 --> 00:19:51,651
Where do you think The Wall Street
Journal got its information?
337
00:19:52,444 --> 00:19:54,529
The unnamed sources?
338
00:19:56,239 --> 00:19:57,324
There they are.
339
00:19:58,783 --> 00:20:00,035
You're at war.
340
00:20:01,036 --> 00:20:04,372
It'll be fought on multiple fronts.
In the boardroom, in the press.
341
00:20:04,456 --> 00:20:07,584
Even here in the halls
of your own company.
342
00:20:08,168 --> 00:20:10,337
Trust no one.
343
00:20:10,420 --> 00:20:13,924
Sorry, are we in a
John Grisham novel?
344
00:20:14,007 --> 00:20:17,427
You're paying me to be dramatic.
That's why it's called crisis PR.
345
00:20:18,178 --> 00:20:20,013
You have to understand, Rebekah,
346
00:20:20,096 --> 00:20:22,849
you and Adam, you
are not people.
347
00:20:23,808 --> 00:20:26,811
- We're not people?
- No. You're products.
348
00:20:26,895 --> 00:20:30,232
The media sold you to the
public once as unicorns,
349
00:20:30,774 --> 00:20:32,567
now they'll sell you
again as villains.
350
00:20:32,651 --> 00:20:36,154
Okay, so obviously we
need to reframe it.
351
00:20:36,238 --> 00:20:39,532
We need to take control of it.
So why don't you put us on CNBC?
352
00:20:39,616 --> 00:20:40,617
- Good idea.
- No.
353
00:20:40,700 --> 00:20:42,202
- I think it's the...
- No, no.
354
00:20:42,285 --> 00:20:45,872
They're making this into a
circus. Let's not help them.
355
00:20:46,873 --> 00:20:48,500
Stay in the foxhole.
356
00:20:49,584 --> 00:20:51,962
I'll say it again,
we are at war.
357
00:20:52,504 --> 00:20:55,298
And these are your
foot soldiers.
358
00:20:56,049 --> 00:20:58,552
God help the enemy, 'cause
they're a bunch of freaks.
359
00:20:59,052 --> 00:21:01,638
They don't look like much, but
when I pump them full of Adderall
360
00:21:01,721 --> 00:21:04,516
and turn these sickos
loose, watch out.
361
00:21:06,268 --> 00:21:08,812
You should both have your
offices swept for bugs.
362
00:21:09,354 --> 00:21:10,480
Bugs?
363
00:21:11,314 --> 00:21:15,151
We must be vigilant.
Methodical. Strategic.
364
00:21:15,986 --> 00:21:18,280
No emails, no texts,
365
00:21:18,863 --> 00:21:20,740
no phone calls that
might be overheard.
366
00:21:20,824 --> 00:21:23,952
No false moves. Got it?
367
00:21:26,496 --> 00:21:27,539
Adam?
368
00:21:34,087 --> 00:21:36,381
You want war? I'll give you war.
369
00:21:36,464 --> 00:21:39,050
Okay. I'll give you war!
370
00:21:43,930 --> 00:21:45,599
We're going to war!
371
00:21:45,682 --> 00:21:47,058
To war, you understand?
372
00:21:47,142 --> 00:21:47,976
- Phil.
- Yeah?
373
00:21:48,059 --> 00:21:49,978
- Pack it up. Pack it all up.
- Okay. I'll go...
374
00:21:50,061 --> 00:21:52,272
Don't forget the whiteboard,
understand? Don't forget it.
375
00:21:52,355 --> 00:21:54,482
- Okay.
- Adam. Adam!
376
00:21:54,566 --> 00:21:56,192
Go, go.
377
00:21:56,860 --> 00:21:58,904
Coming through.
Push, Phil, push.
378
00:21:58,987 --> 00:22:00,697
- Pushing.
- Push.
379
00:22:01,239 --> 00:22:03,867
- Out the way.
- Adam. Adam.
380
00:22:04,993 --> 00:22:06,745
This is proprietary,
you understand?
381
00:22:06,828 --> 00:22:09,098
- If I see this anywhere, anywhere…
- Let's catch the light.
382
00:22:09,164 --> 00:22:11,350
…I'll be forced to take legal
action, you understand? Phil.
383
00:22:11,374 --> 00:22:13,978
- Get his picture. Take his information.
- Whoa, whoa... No, fuck off.
384
00:22:14,002 --> 00:22:15,086
Get his picture.
385
00:22:15,170 --> 00:22:17,440
- Rivka, cover the board, cover the board.
- I'm just trying to move...
386
00:22:17,464 --> 00:22:19,341
- Cover the board.
- I'm covering the board.
387
00:22:19,424 --> 00:22:22,219
Let's just get it to the house,
okay? Okay. Do you have it?
388
00:22:22,302 --> 00:22:23,456
- Yeah.
- We got it, we got it.
389
00:22:23,511 --> 00:22:25,764
- Okay, here we go.
- Okay.
390
00:22:25,847 --> 00:22:26,848
Okay.
391
00:22:27,849 --> 00:22:28,850
It's okay...
392
00:22:28,934 --> 00:22:31,728
Please, please don't lean the
whiteboards against the wall.
393
00:22:31,811 --> 00:22:34,814
I'm gonna need to ask
everyone to wear booties.
394
00:22:34,898 --> 00:22:36,524
Ingrid? Ingrid.
395
00:22:36,608 --> 00:22:38,818
I think we might need to send
the kids to the Hamptons.
396
00:22:38,902 --> 00:22:42,739
All right, all right. Mommy loves you.
Claudia, Claudia, did you get the booties?
397
00:22:42,822 --> 00:22:46,743
Hello? Yeah, no, I'm sorry,
we just can't comment.
398
00:22:47,827 --> 00:22:49,829
Let me look into that
and circle back to you.
399
00:22:49,913 --> 00:22:53,041
No, no, no.
400
00:22:53,124 --> 00:22:57,170
- Not "circle back." You understand?
- This couch is hand-loomed linen,
401
00:22:57,254 --> 00:22:59,422
so I'm gonna need to
put towels under you.
402
00:22:59,506 --> 00:23:00,674
Oh, my God.
403
00:23:01,383 --> 00:23:03,176
- Angela. Can you get the towels?
- Hello?
404
00:23:03,260 --> 00:23:05,887
No, we're not commenting
on that at this time.
405
00:23:05,971 --> 00:23:07,931
Nope, not commenting.
No comment.
406
00:23:08,014 --> 00:23:10,517
I'm not gonna
comment at this time.
407
00:23:11,226 --> 00:23:13,019
Comment. Please,
please, comment.
408
00:23:13,103 --> 00:23:16,856
Comment. Comment.
Just dig in. Comment.
409
00:23:16,940 --> 00:23:19,359
This, thi... This is war. This?
410
00:23:19,985 --> 00:23:22,946
My seven-year-old could answer
the phones and say, "no comment"
411
00:23:23,029 --> 00:23:25,323
with more enthusiasm than this.
412
00:23:25,407 --> 00:23:26,408
Please!
413
00:23:26,491 --> 00:23:29,327
Adam, be respectful.
I'm s... I'm just gonna…
414
00:23:29,411 --> 00:23:30,745
They're the best
in the business.
415
00:23:30,829 --> 00:23:34,583
The best... Well, must not be a very
competitive industry, I have to say.
416
00:23:34,666 --> 00:23:36,626
You could try again in a week.
417
00:23:37,210 --> 00:23:39,296
Again, no comment.
418
00:23:40,589 --> 00:23:42,090
I really have no...
419
00:23:42,173 --> 00:23:43,508
Pardon me.
420
00:23:44,634 --> 00:23:46,803
- Pardon me. Pardon.
- Let me call you back.
421
00:23:47,762 --> 00:23:50,015
- What is your name?
- Chris.
422
00:23:50,098 --> 00:23:53,685
Chris, no more "no
comment," you understand?
423
00:23:53,768 --> 00:23:54,978
No more "no comment."
424
00:23:55,061 --> 00:23:57,397
I'm not paying you guys
a million dollars an hour
425
00:23:57,480 --> 00:23:59,691
or whatever it is
for "no comment."
426
00:24:00,859 --> 00:24:06,823
If someone calls and asks about
tequila, I want you to ask them,
427
00:24:06,907 --> 00:24:09,784
"You ever go to an office party
or go out for work drinks?
428
00:24:09,868 --> 00:24:11,870
Ever heard of a
three-martini lunch?"
429
00:24:11,953 --> 00:24:15,749
Booze has always been a part
of business. You understand?
430
00:24:15,832 --> 00:24:18,043
- You agree. You agree. Thank you.
- Adam.
431
00:24:18,126 --> 00:24:19,294
Thank you very much. No.
432
00:24:19,377 --> 00:24:21,301
- Let's take a break. Honey, let's...
- One moment.
433
00:24:21,338 --> 00:24:25,175
I'm just making a point.
Making a point. Please.
434
00:24:25,258 --> 00:24:30,055
And if they happen to mention
the-the-the trillionaire crap, okay?
435
00:24:30,138 --> 00:24:33,016
I want you to say to
them, "Well, pardon me,"
436
00:24:33,099 --> 00:24:35,852
but what is the headline here?
437
00:24:36,686 --> 00:24:39,856
"Immigrant entrepreneur
dares to dream too big?"
438
00:24:40,857 --> 00:24:45,070
And if... if they dare
to mention my wife,
439
00:24:46,154 --> 00:24:49,616
you say nothing, and
you put me on the phone.
440
00:24:49,699 --> 00:24:52,077
- You understand? Put me on the phone.
- Adam. It's fine.
441
00:24:52,160 --> 00:24:54,454
And then I'll give a comment.
442
00:24:54,537 --> 00:24:56,581
You're not paying
us to fight back.
443
00:24:56,665 --> 00:24:58,375
Then what am I paying you for?
444
00:24:58,458 --> 00:25:00,710
- To deflect. To defuse.
- Please, to... and?
445
00:25:00,794 --> 00:25:03,255
- Thank you.
- To grind them down with non-answers.
446
00:25:03,338 --> 00:25:04,923
- To be boring.
- It's okay, Adam.
447
00:25:05,006 --> 00:25:08,635
Well, they are definitely the
best in the business at that.
448
00:25:08,718 --> 00:25:11,596
- Thank you very much.
- You are paying us to stop the bleeding.
449
00:25:11,680 --> 00:25:13,598
- We know. Thank you.
- So let us do our jobs.
450
00:25:13,682 --> 00:25:15,809
You have made your point.
We are very grateful.
451
00:25:17,352 --> 00:25:19,771
- I need you to center yourself.
- No. It's...
452
00:25:19,854 --> 00:25:21,999
- No. I need you to ce... Adam.
- It's not the time. Not...
453
00:25:22,023 --> 00:25:24,100
You cannot protect this family
if you are not centered.
454
00:25:24,526 --> 00:25:25,902
Close your eyes.
455
00:25:30,198 --> 00:25:31,283
Now breathe in.
456
00:25:33,201 --> 00:25:34,202
And out.
457
00:25:36,496 --> 00:25:37,872
Feel it rise.
458
00:25:39,124 --> 00:25:41,418
Come out through the
top of your head.
459
00:25:42,544 --> 00:25:44,379
And then imagine a golden light.
460
00:25:50,552 --> 00:25:52,345
Do you feel better?
461
00:25:54,139 --> 00:25:55,140
Yes?
462
00:25:56,099 --> 00:25:58,435
Okay. Look at me.
463
00:25:59,519 --> 00:26:01,438
Small men proceed from fear.
464
00:26:02,063 --> 00:26:03,815
We are not small.
465
00:26:04,399 --> 00:26:07,193
I want these people and their
negativity out of my home.
466
00:26:07,277 --> 00:26:10,363
They are ruining my
floors. All right?
467
00:26:12,616 --> 00:26:15,535
Talk to Bruce. Tell
him you can fix this.
468
00:26:15,619 --> 00:26:17,579
He wants to believe
in you. He always has.
469
00:26:20,999 --> 00:26:22,208
Yes.
470
00:26:23,001 --> 00:26:24,753
- Okay.
- Okay.
471
00:26:24,836 --> 00:26:27,380
- Talking to Bruce.
- Yes. Good.
472
00:26:29,883 --> 00:26:31,426
- Calling Bruce.
- Okay.
473
00:26:35,513 --> 00:26:36,973
Thank you for picking up.
474
00:26:39,309 --> 00:26:40,560
I'm coming to see you.
475
00:26:41,895 --> 00:26:43,271
Now.
476
00:26:46,024 --> 00:26:49,236
Perfect. Keep that tone.
Keep that intention.
477
00:26:50,862 --> 00:26:52,239
You can manifest this.
478
00:27:09,589 --> 00:27:10,799
Bruce.
479
00:27:10,882 --> 00:27:11,883
Adam.
480
00:27:14,052 --> 00:27:15,220
Matthew.
481
00:27:16,429 --> 00:27:17,514
And Jacob.
482
00:27:18,056 --> 00:27:22,602
They reached out to me. They had a few
things they wanted to get off their chest.
483
00:27:22,686 --> 00:27:26,439
I see, I see. What
is the expression?
484
00:27:26,940 --> 00:27:30,485
Like rats abandoning
a sinking ship.
485
00:27:31,194 --> 00:27:33,863
Unfortunately, our
ship isn't sinking.
486
00:27:33,947 --> 00:27:36,283
But it's good to know
who the rats are.
487
00:27:36,366 --> 00:27:38,618
Well, we just want what's
best for the company.
488
00:27:38,702 --> 00:27:42,247
What is best for the
company is me as CEO.
489
00:27:42,330 --> 00:27:45,792
- Adam, I don't...
- Always has been, always will be.
490
00:27:45,875 --> 00:27:49,796
Please, you're going to
listen to these two geniuses?
491
00:27:49,880 --> 00:27:51,965
One walks around like a mermaid
492
00:27:52,048 --> 00:27:54,509
and the other has "cock"
written on his forehead.
493
00:27:54,593 --> 00:28:00,682
Please, let the children go home, and
the adults can have a conversation.
494
00:28:00,765 --> 00:28:02,225
- No, let them go.
- No, Adam,
495
00:28:02,309 --> 00:28:04,686
I really don't see any
reason for them to leave.
496
00:28:04,769 --> 00:28:08,315
Fine. Learn something. Grab
a pen. Take some notes.
497
00:28:08,940 --> 00:28:11,026
Take some notes. I'm going
to teach you something.
498
00:28:11,526 --> 00:28:12,569
Okay.
499
00:28:13,653 --> 00:28:14,779
So listen to me.
500
00:28:14,863 --> 00:28:18,533
This is what I'm willing to do to counter
the ridiculous narrative out there.
501
00:28:18,617 --> 00:28:23,246
First, I'm reducing my voting control
from 20 votes per share to 10.
502
00:28:23,830 --> 00:28:27,334
Second, I'm appointing a lead
independent director to the board.
503
00:28:27,417 --> 00:28:28,710
I thought you'd like that.
504
00:28:29,377 --> 00:28:33,256
Third, Rebekah will no
longer choose my successor.
505
00:28:33,340 --> 00:28:38,303
And finally, finally, even
though the board never objected
506
00:28:38,386 --> 00:28:42,265
and everything was entirely
aboveboard, as you know,
507
00:28:42,349 --> 00:28:44,517
I'll be returning
the 5.9 million
508
00:28:44,601 --> 00:28:47,270
that the company paid
me for the We trademark.
509
00:28:48,813 --> 00:28:50,857
So you can see I'm
giving here, Bruce.
510
00:28:50,941 --> 00:28:54,861
I'm giving. I'm giving,
and I'm ready to receive.
511
00:28:57,572 --> 00:28:59,199
You bet on me once.
512
00:29:00,033 --> 00:29:01,910
Believe in me again.
513
00:29:01,993 --> 00:29:04,329
You understand? Believe in me.
514
00:29:08,541 --> 00:29:09,960
You're toxic.
515
00:29:12,087 --> 00:29:14,589
You killed the company.
516
00:29:19,469 --> 00:29:20,720
You don't resign,
517
00:29:21,846 --> 00:29:23,682
I'll break your fucking arm.
518
00:29:27,269 --> 00:29:28,311
Bruce.
519
00:29:35,569 --> 00:29:37,445
I know, I know. But thanks.
520
00:29:38,196 --> 00:29:39,739
Sorry I'm late, gentlemen.
521
00:29:40,657 --> 00:29:43,285
I can see you've gotten started.
522
00:29:43,368 --> 00:29:46,830
No, no... Jamie, I did
everything you asked me to.
523
00:29:46,913 --> 00:29:49,332
- I did it all.
- You did nothing I asked you.
524
00:29:49,416 --> 00:29:51,167
I did everything
you asked me to.
525
00:29:51,251 --> 00:29:54,921
Adam, we cannot take the
company public with you as CEO.
526
00:29:55,005 --> 00:29:57,090
- No one will buy the stock. Adam.
- No, no.
527
00:29:59,551 --> 00:30:01,303
Bruce, I...
528
00:30:01,386 --> 00:30:04,389
No, no. I will never not
be the CEO of We Work.
529
00:30:04,472 --> 00:30:05,640
Okay.
530
00:30:07,976 --> 00:30:09,227
Let's look ahead, shall we?
531
00:30:09,311 --> 00:30:11,354
Please. To the future.
532
00:30:11,438 --> 00:30:16,109
We Work will run out of cash sooner
than you can imagine and go bankrupt.
533
00:30:17,027 --> 00:30:19,154
Your shares will go zero.
534
00:30:19,237 --> 00:30:23,700
The $380 million of personal loans that
you've taken out against those shares
535
00:30:23,783 --> 00:30:26,161
will be called in, and
you will be ruined, Adam.
536
00:30:27,120 --> 00:30:30,540
But, yeah, you'll still be CEO.
537
00:30:36,546 --> 00:30:39,341
We are not your
enemies, Adam. You are.
538
00:30:41,718 --> 00:30:43,178
You are your own worst enemy.
539
00:30:53,230 --> 00:30:54,606
Shit.
540
00:30:58,985 --> 00:30:59,986
Well?
541
00:31:00,070 --> 00:31:01,196
Shit!
542
00:31:03,657 --> 00:31:05,533
It was an ambush.
543
00:31:05,617 --> 00:31:07,160
"Unnamed source says
544
00:31:07,244 --> 00:31:10,914
Bruce Dunlevie threatened
to break Adam Neumann's arm
545
00:31:11,414 --> 00:31:13,833
"if he doesn't
step down as CEO."
546
00:31:14,417 --> 00:31:16,294
Just posted on BuzzFeed.
547
00:31:16,878 --> 00:31:19,047
I told you to stay
in the foxhole.
548
00:31:19,130 --> 00:31:20,549
Judas!
549
00:31:21,424 --> 00:31:23,552
Judas and Judas.
550
00:31:26,179 --> 00:31:28,098
Masa, I know it's late there.
551
00:31:28,181 --> 00:31:30,141
Thank you for picking
up. I'll keep it brief.
552
00:31:30,725 --> 00:31:32,727
- Adam.
- You have billions at stake,
553
00:31:32,811 --> 00:31:35,272
and I am the only one who can
safeguard that investment.
554
00:31:35,355 --> 00:31:40,026
You need me as CEO, and the company
must IPO or it'll run out of cash.
555
00:31:40,110 --> 00:31:42,362
There will be no IPO.
556
00:31:42,445 --> 00:31:44,489
If you go forward with it,
557
00:31:45,907 --> 00:31:49,661
you will embarrass yourself,
the company and me.
558
00:31:50,787 --> 00:31:51,788
Stand down.
559
00:31:51,871 --> 00:31:55,458
Masa, listen to me. With all due
respect, I'm not going to stand down.
560
00:31:56,042 --> 00:31:57,919
I will not let you proceed.
561
00:31:58,003 --> 00:31:59,796
What do you mean, "not let" me?
562
00:31:59,880 --> 00:32:02,132
I will not let you.
563
00:32:02,215 --> 00:32:06,678
I will use all my power, all
my resources, to block the IPO,
564
00:32:06,761 --> 00:32:09,306
and you will be
left with nothing.
565
00:32:32,537 --> 00:32:35,040
But there's nothing to
worry about. Adam's all...
566
00:32:36,750 --> 00:32:39,127
You know I don't like it when
you talk about him like that.
567
00:32:40,503 --> 00:32:42,714
No, I don't. No, it's not ok...
568
00:32:42,797 --> 00:32:44,966
There is a spy
outside the building!
569
00:32:45,050 --> 00:32:47,677
A spy. A spy!
570
00:32:47,761 --> 00:32:49,179
Daddy, let me call you back.
571
00:32:49,262 --> 00:32:51,556
Masa, Bruce,
they've hired spies.
572
00:32:51,640 --> 00:32:52,849
Okay, honey.
573
00:32:53,642 --> 00:32:55,435
There's just not spies
outside the building.
574
00:32:55,518 --> 00:32:57,646
- No. There is a spy...
- There could be.
575
00:32:57,729 --> 00:33:00,315
- Ju...
- Yes, yes, yes.
576
00:33:00,398 --> 00:33:03,652
He looked ex-Mossad, right?
577
00:33:03,735 --> 00:33:04,736
Why?
578
00:33:04,819 --> 00:33:06,988
- We're in trouble.
- Why do you think he's a spy?
579
00:33:07,072 --> 00:33:09,908
Because he's standing outside
the building, very intently
580
00:33:09,991 --> 00:33:11,743
listening in my
conversation, eavesdropping.
581
00:33:11,826 --> 00:33:14,180
- Did he have a salt and pepper beard?
- Yes, he had that salt.
582
00:33:14,204 --> 00:33:16,915
And sort of, like,
sad hound dog eyes?
583
00:33:16,998 --> 00:33:18,792
- Yes.
- Okay, my love.
584
00:33:18,875 --> 00:33:21,211
That is Mr. Fishman, in 4A.
585
00:33:21,294 --> 00:33:25,048
He smokes his horrible cigars
outside every single day.
586
00:33:25,131 --> 00:33:27,259
He's lived in the
building for 23 years.
587
00:33:27,342 --> 00:33:30,470
He's not a spy. It's all
right. It's all right.
588
00:33:31,805 --> 00:33:33,848
Was this the call you were on?
589
00:33:36,851 --> 00:33:41,481
"Embattled CEO wanders NYC streets
barefoot, looking frantic."
590
00:33:43,358 --> 00:33:44,985
It's definitely going viral.
591
00:33:45,068 --> 00:33:46,069
Viral?
592
00:33:46,152 --> 00:33:47,988
HomeGardenGnome commented,
593
00:33:48,071 --> 00:33:51,199
"No one who walks around
barefoot in New York
594
00:33:51,283 --> 00:33:54,244
should be in charge of a
multibillion-dollar company."
595
00:33:54,327 --> 00:33:56,913
BirdieBoy says,
"Enjoy the ringworm."
596
00:33:56,997 --> 00:34:00,458
Enough, please. Please. Enough.
597
00:34:00,542 --> 00:34:04,170
Someone just made his bare feet an emoji.
It's being used like a thumbs down.
598
00:34:04,254 --> 00:34:06,840
Machosammy, "Does he
think he's Jesus?"
599
00:34:06,923 --> 00:34:08,300
Babygene7151,
600
00:34:08,383 --> 00:34:10,635
"He's walking around
in filth and excrement.
601
00:34:10,719 --> 00:34:12,304
What a complete
fucking nut... ".
602
00:34:12,387 --> 00:34:14,014
Enough!
603
00:34:14,097 --> 00:34:17,976
He grew up on a fucking kibbutz.
He likes to walk around barefoot.
604
00:34:18,059 --> 00:34:19,728
Is that a fucking crime?
605
00:34:38,413 --> 00:34:39,414
Let it go.
606
00:34:42,374 --> 00:34:43,460
The IPO?
607
00:34:44,044 --> 00:34:45,420
All of it.
608
00:34:47,756 --> 00:34:48,757
No.
609
00:34:53,762 --> 00:34:55,512
You said it was all for me?
610
00:34:56,972 --> 00:34:58,099
And it is.
611
00:35:00,352 --> 00:35:01,686
I don't need it.
612
00:35:05,190 --> 00:35:07,984
Let it go for me. For us.
613
00:35:19,371 --> 00:35:22,499
- You know what happens if I step down.
- I know.
614
00:35:25,043 --> 00:35:26,545
But this…
615
00:35:28,838 --> 00:35:31,007
This is all that matters.
616
00:35:31,758 --> 00:35:34,970
You, me, the kids.
617
00:35:35,053 --> 00:35:37,055
We can live on the farm.
618
00:35:39,307 --> 00:35:41,393
We can be wild. We can
619
00:35:42,352 --> 00:35:45,105
howl at the moon
like the old days.
620
00:35:52,821 --> 00:35:54,155
Will you howl with me?
621
00:36:04,791 --> 00:36:06,376
Money doesn't matter.
622
00:36:08,253 --> 00:36:11,715
The only people who say that
are the ones who always had it.
623
00:36:11,798 --> 00:36:15,302
And maybe having too much is just
as bad as not having any at all.
624
00:36:15,385 --> 00:36:17,262
Trust me, motek.
625
00:36:18,054 --> 00:36:19,055
It's not.
626
00:37:06,019 --> 00:37:07,395
Miggy-Migs.
627
00:37:07,479 --> 00:37:10,106
Hey. What are you doing here?
628
00:37:14,486 --> 00:37:15,654
São Paulo?
629
00:37:17,614 --> 00:37:20,617
Nope. This is Reykjavík.
630
00:37:21,201 --> 00:37:22,702
- In Iceland.
- Reykjavik.
631
00:37:22,786 --> 00:37:25,914
Yeah, we found an old
fish fillet warehouse.
632
00:37:27,082 --> 00:37:28,166
Smelt.
633
00:37:28,792 --> 00:37:30,710
- Smelt?
- Smelt.
634
00:37:31,920 --> 00:37:33,421
They're these little fish.
635
00:37:33,505 --> 00:37:34,798
Apparently, they reek.
636
00:37:36,174 --> 00:37:39,344
We spent 45,000 fumigating.
637
00:37:42,305 --> 00:37:43,890
Whoever smelt it dealt it.
638
00:37:47,644 --> 00:37:49,312
Whoever dealt it, felt it.
639
00:37:53,108 --> 00:37:55,944
Listen. You frustrate me.
640
00:37:58,029 --> 00:37:59,906
Like no one I've ever met.
641
00:38:01,491 --> 00:38:03,577
- Yeah.
- You always have.
642
00:38:06,580 --> 00:38:07,831
But I love you.
643
00:38:13,587 --> 00:38:15,255
You don't deserve this.
644
00:38:18,174 --> 00:38:19,676
I love you too, Miguel.
645
00:38:23,263 --> 00:38:24,639
What are you going to do?
646
00:38:31,146 --> 00:38:32,564
The right thing.
647
00:38:33,607 --> 00:38:34,691
For once.
648
00:38:39,237 --> 00:38:40,614
Is there a motion?
649
00:38:40,697 --> 00:38:42,032
So moved.
650
00:38:42,699 --> 00:38:43,909
Is there a second?
651
00:38:43,992 --> 00:38:44,993
Seconded.
652
00:38:45,076 --> 00:38:46,870
Properly moved and seconded.
653
00:38:46,953 --> 00:38:51,082
All those in favor of
removing Adam Neumann as CEO,
654
00:38:51,166 --> 00:38:53,752
please signify by saying, "Aye."
655
00:38:54,377 --> 00:38:55,378
Aye.
656
00:38:56,296 --> 00:38:57,297
Aye.
657
00:38:58,340 --> 00:38:59,507
Aye.
658
00:38:59,591 --> 00:39:00,967
Aye.
659
00:39:01,051 --> 00:39:02,177
Aye.
660
00:39:02,260 --> 00:39:03,261
Aye.
661
00:39:05,388 --> 00:39:06,431
Aye.
662
00:39:13,230 --> 00:39:14,231
Aye.
663
00:39:39,839 --> 00:39:42,759
Thank you all for making
yourselves available
664
00:39:42,842 --> 00:39:44,803
at such late notice.
665
00:39:44,886 --> 00:39:47,973
I'm sure you have questions,
and I do want to answer them,
666
00:39:48,056 --> 00:39:51,059
but if it's all right, I would
like to say something first.
667
00:39:51,768 --> 00:39:54,521
When I marched into
our architect's office
668
00:39:54,604 --> 00:39:57,524
with the six foundational
principles of WeGrow,
669
00:39:58,108 --> 00:40:01,820
I told him, "Bjarke,
we've got a deadline."
670
00:40:01,903 --> 00:40:03,029
'Cause…
671
00:40:04,281 --> 00:40:07,075
I knew, as a mom,
672
00:40:07,742 --> 00:40:12,998
that it was my responsibility to use
everything I have learned in this world
673
00:40:13,081 --> 00:40:15,542
to reimagine early
childhood education.
674
00:40:15,625 --> 00:40:17,294
Not just for my kids.
675
00:40:19,170 --> 00:40:20,964
But for all children.
676
00:40:24,217 --> 00:40:26,970
What I didn't know was that…
677
00:40:30,724 --> 00:40:34,853
This school would
become my sixth child.
678
00:40:34,936 --> 00:40:35,937
My…
679
00:40:38,732 --> 00:40:41,776
Proudest achievement
after my own family.
680
00:40:46,698 --> 00:40:50,118
Which is why it breaks
my heart to tell you
681
00:40:50,201 --> 00:40:53,246
that WeGrow will be closing at
the end of this school year.
682
00:40:55,206 --> 00:40:57,334
Schools locked next year's
admissions months ago.
683
00:40:57,417 --> 00:41:00,337
- My child is on scholarship.
- Rebekah, what's happening?
684
00:41:00,420 --> 00:41:04,466
I hear you, I hear
you and I promise you,
685
00:41:04,549 --> 00:41:07,802
each and every one
of your children
686
00:41:07,886 --> 00:41:11,890
has learned the meaning of
resilience and adaptability.
687
00:41:11,973 --> 00:41:14,184
What the fuck are
you talking about?
688
00:41:14,267 --> 00:41:17,854
Resilience and adaptability
won't pay for my kid's tuition.
689
00:41:17,938 --> 00:41:19,606
Okay. Okay…
690
00:41:20,607 --> 00:41:23,235
So, okay, we'll... Loo... I...
691
00:41:24,945 --> 00:41:27,447
- Start your own school.
- You can't be serious.
692
00:41:27,530 --> 00:41:28,531
Fuck you, Rebekah.
693
00:41:29,616 --> 00:41:31,534
- Yeah.
- No way.
694
00:41:39,376 --> 00:41:42,254
"While our business has
never been stronger,
695
00:41:42,337 --> 00:41:44,881
in recent weeks the
scrutiny directed toward me
696
00:41:44,965 --> 00:41:47,342
has become a
significant distraction.
697
00:41:48,134 --> 00:41:52,222
I have decided that it is in the best
interest of the company to step down
698
00:41:52,305 --> 00:41:53,431
"as chief executive."
699
00:41:53,515 --> 00:41:55,267
- Jesus.
- Fucking dick.
700
00:41:56,226 --> 00:41:57,227
Hey, Chloe.
701
00:42:00,605 --> 00:42:03,483
She sold that bag to a woman
on the Upper East Side.
702
00:42:04,192 --> 00:42:05,527
She lost $5,000.
703
00:42:05,610 --> 00:42:06,528
What?
704
00:42:06,611 --> 00:42:08,154
I told her to get it.
705
00:42:09,114 --> 00:42:11,908
Hey, where's Bea? I haven't
seen her in a while.
706
00:42:12,993 --> 00:42:15,495
Bea got accepted to
HBS. She peaced out.
707
00:42:15,579 --> 00:42:17,289
Bea got into Harvard
Business School?
708
00:42:17,372 --> 00:42:18,290
- Yeah.
- Yeah.
709
00:42:18,373 --> 00:42:20,292
She wrote her admissions
essay about We Work
710
00:42:20,375 --> 00:42:21,793
and how not to grow a start-up.
711
00:42:23,169 --> 00:42:25,005
Guys. Everyone.
712
00:42:25,755 --> 00:42:27,465
I think he's about to start.
713
00:42:28,008 --> 00:42:29,676
Everyone, can you come, please?
714
00:42:30,635 --> 00:42:34,306
Guys from the computers,
can you bring it around?
715
00:42:44,399 --> 00:42:45,817
Are you gonna sing?
716
00:42:47,360 --> 00:42:48,695
No, I'm not gonna sing.
717
00:42:49,738 --> 00:42:51,948
I know that this has been a…
718
00:42:53,033 --> 00:42:56,953
Confusing and stressful time.
719
00:42:57,037 --> 00:42:59,998
And I know there's been a lot
of rumors and speculation.
720
00:43:00,957 --> 00:43:03,126
About what's happening.
721
00:43:06,338 --> 00:43:11,718
So, I thought you should hear
about the future of our company.
722
00:43:11,801 --> 00:43:13,637
Of your company…
723
00:43:16,598 --> 00:43:18,725
Directly from its new CEO.
724
00:43:19,309 --> 00:43:20,977
- So…
- Okay.
725
00:43:24,731 --> 00:43:26,358
- Cameron Lautner.
- What?
726
00:43:26,441 --> 00:43:27,734
So, Cam.
727
00:43:28,443 --> 00:43:29,653
Is this a joke?
728
00:43:30,237 --> 00:43:32,489
- Come on.
- Whoa.
729
00:43:44,793 --> 00:43:46,378
Adam Neumann.
730
00:43:46,461 --> 00:43:48,046
Boo.
731
00:43:50,549 --> 00:43:52,634
Adam Neumann.
732
00:43:54,177 --> 00:43:56,680
He's been called lots
of things, hasn't he?
733
00:43:57,597 --> 00:43:59,140
What is he, a visionary?
734
00:44:00,100 --> 00:44:03,853
Unicorn? Maverick? A magician?
735
00:44:04,854 --> 00:44:10,151
And like a magician, he's tried
to perform a sleight of hand
736
00:44:10,235 --> 00:44:12,070
over the entire financial world.
737
00:44:12,153 --> 00:44:17,617
Crafted an illusion that you all
were part of something bigger.
738
00:44:18,201 --> 00:44:21,246
What were you gonna do? Raise
the world's consciousness?
739
00:44:21,329 --> 00:44:25,083
Solve world hunger? Care
for all the world's orphans?
740
00:44:25,166 --> 00:44:28,461
Excuse me, how the fuck is
a shared work space company
741
00:44:28,545 --> 00:44:30,130
supposed to do any of that?
742
00:44:30,714 --> 00:44:33,675
He deluded you. He did!
743
00:44:33,758 --> 00:44:36,970
And what's worse is
you deluded yourselves.
744
00:44:37,888 --> 00:44:39,764
Because you forgot
what every child knows.
745
00:44:39,848 --> 00:44:41,725
Unicorns don't exist.
746
00:44:42,434 --> 00:44:46,187
They don't. Sorry to be the
bearer, but that's the truth.
747
00:44:46,271 --> 00:44:48,189
No matter how much we
might want them to.
748
00:44:48,273 --> 00:44:51,568
So I think it's about time
that we got really honest
749
00:44:51,651 --> 00:44:54,029
about what we actually do here.
750
00:44:54,112 --> 00:44:56,823
We're not here to raise
the world's consciousness.
751
00:44:56,907 --> 00:44:59,701
That's not how capitalism works.
752
00:44:59,784 --> 00:45:03,580
We're here to earn
value for our investors,
753
00:45:03,663 --> 00:45:07,626
and we're going to do that by providing
high-quality shared work spaces
754
00:45:07,709 --> 00:45:09,544
at a competitive price.
755
00:45:09,628 --> 00:45:14,591
And what are you going to get in return?
A fair wage and real profit sharing.
756
00:45:14,674 --> 00:45:18,053
Adam says, "Do what you
love"? Is that right?
757
00:45:18,136 --> 00:45:22,224
"Do what you love, the
money, oh, it will follow."
758
00:45:22,307 --> 00:45:23,307
What?
759
00:45:23,934 --> 00:45:26,895
No, sir. Excuse
me, it's hard work.
760
00:45:26,978 --> 00:45:30,273
That's the truth of it, isn't
it? It's hard fucking work.
761
00:45:30,357 --> 00:45:32,484
Work sucks and that's
what you've got to do.
762
00:45:32,567 --> 00:45:35,779
That, along with a little bit of
luck, and then you'll make the moola.
763
00:45:35,862 --> 00:45:39,824
So, I want to know
who's with me.
764
00:45:41,243 --> 00:45:45,330
Who's ready to put down
these childish fantasies
765
00:45:45,413 --> 00:45:48,917
of saving the
world and unicorns,
766
00:45:49,000 --> 00:45:54,589
and who wants to be part of
a real, sustainable company,
767
00:45:54,673 --> 00:45:57,842
with a future that you
can really believe in?
768
00:45:58,426 --> 00:46:01,012
- Who's ready? Let me hear you.
- Yeah.
769
00:46:02,013 --> 00:46:03,974
Look, there's an
adult in charge now.
770
00:46:04,891 --> 00:46:06,226
And I assure you,
771
00:46:07,435 --> 00:46:10,313
WeWork's best days are ahead.
772
00:46:11,231 --> 00:46:13,358
Thank you for your
time. Go back to work.
773
00:46:19,281 --> 00:46:20,782
We're fucked.
774
00:46:23,493 --> 00:46:24,703
We're fucked!
775
00:46:25,954 --> 00:46:28,623
I divested from the wave pool
company, sold "Air Cannabis,"
776
00:46:28,707 --> 00:46:30,333
whatever he was calling
that fucking jet.
777
00:46:30,417 --> 00:46:32,794
Got rid of that goddamn school,
and we're still bleeding money
778
00:46:32,878 --> 00:46:34,462
out of our fucking tits.
779
00:46:34,546 --> 00:46:35,881
We need to do something.
780
00:46:37,924 --> 00:46:38,925
Layoffs.
781
00:46:39,009 --> 00:46:42,345
Layoffs means severance.
Severance means money.
782
00:46:42,429 --> 00:46:44,764
We don't have... We can't
afford to fucking fire people,
783
00:46:44,848 --> 00:46:46,433
that's how fucked we are... Yes?
784
00:46:46,516 --> 00:46:49,144
You have the board meeting in a
half-hour. You should get going.
785
00:46:54,024 --> 00:46:55,150
Okay.
786
00:46:55,233 --> 00:46:56,568
Okay. Come on.
787
00:46:56,651 --> 00:46:58,695
We gotta do something,
gotta say something, boy.
788
00:46:58,778 --> 00:47:00,280
Gotta say something.
789
00:47:02,532 --> 00:47:04,576
I don't know what...
790
00:47:06,953 --> 00:47:08,246
What would Adam do?
791
00:47:10,123 --> 00:47:12,709
We need cash. Simple as that.
792
00:47:12,792 --> 00:47:15,795
We need cash or WeWork's
gonna run out of money.
793
00:47:15,879 --> 00:47:18,006
- When?
- Under two months.
794
00:47:18,089 --> 00:47:19,132
What? Are you serious?
795
00:47:19,216 --> 00:47:22,510
How are we finding out about
this now? How is that possible?
796
00:47:22,594 --> 00:47:24,572
Go on, Miguel. Why don't you
tell them how you and Adam
797
00:47:24,596 --> 00:47:25,889
cocked this whole thing up?
798
00:47:28,058 --> 00:47:31,269
We accelerated expansion
ahead of the IPO.
799
00:47:31,353 --> 00:47:32,479
Okay.
800
00:47:32,562 --> 00:47:35,124
Construction is expensive, especially
when you're trying to rush it.
801
00:47:35,148 --> 00:47:37,567
- Yeah. Of course.
- No shit.
802
00:47:37,651 --> 00:47:41,238
You were the guys who wanted
to impress the markets, so...
803
00:47:41,321 --> 00:47:44,157
All right, that...
that stops now.
804
00:47:44,241 --> 00:47:46,117
No more new locations.
805
00:47:46,201 --> 00:47:47,410
We already signed the leases.
806
00:47:47,494 --> 00:47:48,578
Oh, Jesus.
807
00:47:48,662 --> 00:47:49,662
How many?
808
00:47:50,413 --> 00:47:51,456
We're doubling in size.
809
00:47:51,539 --> 00:47:54,751
- That's fucking stupid.
- Time out. Time out! You said double?
810
00:47:54,834 --> 00:47:57,420
All right, all right. So…
811
00:47:57,504 --> 00:47:59,422
We're in a bit of a
pickle, aren't we?
812
00:47:59,506 --> 00:48:01,633
We need billions
of dollars, right?
813
00:48:01,716 --> 00:48:05,178
And we need it in the next
eight weeks, so who do we know?
814
00:48:05,262 --> 00:48:09,224
Well, we have at least one investor
with pockets deep enough to do that.
815
00:48:09,307 --> 00:48:10,308
SoftBank.
816
00:48:10,392 --> 00:48:15,230
They won't come in now. Not while
Adam has the controlling vote.
817
00:48:15,313 --> 00:48:16,648
He's stepped down as CEO,
818
00:48:16,731 --> 00:48:18,692
but the prick still has
the majority of shares.
819
00:48:18,775 --> 00:48:22,279
Which means, CEO or not,
we can't override his vote.
820
00:48:22,362 --> 00:48:23,655
Shit.
821
00:48:26,491 --> 00:48:28,368
That fucking wanker.
822
00:48:31,037 --> 00:48:32,831
Money doesn't matter.
823
00:48:32,914 --> 00:48:36,251
The only people who say that
are the ones who always had it.
824
00:48:36,334 --> 00:48:40,046
And maybe having too much is just
as bad as not having any at all.
825
00:48:40,130 --> 00:48:41,840
Trust me, motek.
826
00:48:42,674 --> 00:48:43,925
It's not.
827
00:48:53,310 --> 00:48:55,854
And the only one who
knows that more than me
828
00:48:56,813 --> 00:48:57,898
is Masa.
829
00:48:57,981 --> 00:48:59,649
You see what he's
doing here, right?
830
00:48:59,733 --> 00:49:04,362
Adam knows Masa is trying to raise
$100 billion for Vision Fund 2.
831
00:49:04,988 --> 00:49:07,490
That's going to be impossible
if the fucking crown jewel
832
00:49:07,574 --> 00:49:10,327
of Vision Fund 1 has
gone bankrupt, right?
833
00:49:11,244 --> 00:49:14,497
Yeah, but if We
Work goes bankrupt,
834
00:49:14,581 --> 00:49:17,334
all of Adam's lenders
are coming for him.
835
00:49:18,168 --> 00:49:19,461
He'll lose everything.
836
00:49:20,587 --> 00:49:23,256
Well, I guess it comes down to
one question then, doesn't it?
837
00:49:23,340 --> 00:49:25,300
Sorry, what question?
838
00:49:27,093 --> 00:49:28,637
Who's gonna blink first?
839
00:49:59,209 --> 00:50:00,418
Masa.
840
00:50:01,044 --> 00:50:02,879
You're the crazier one.
841
00:50:06,174 --> 00:50:09,386
500 million for you
to sell your shares.
842
00:50:12,472 --> 00:50:13,473
Adam?
843
00:50:14,558 --> 00:50:15,850
Are you still there?
844
00:50:19,145 --> 00:50:20,480
Yes.
845
00:50:21,064 --> 00:50:22,524
Did you hear my offer?
846
00:50:22,607 --> 00:50:23,692
Yes.
847
00:50:25,944 --> 00:50:27,070
Well?
848
00:50:30,323 --> 00:50:31,324
No.
849
00:50:42,669 --> 00:50:44,004
What did he say?
850
00:50:45,589 --> 00:50:49,092
He made an offer.
He'll make another one.
851
00:50:52,220 --> 00:50:54,014
Are you sure?
852
00:50:54,097 --> 00:50:57,517
A high-stakes standoff is
playing out behind closed doors
853
00:50:57,601 --> 00:50:59,769
over the fate of We Work.
854
00:51:41,686 --> 00:51:42,687
Yes?
855
00:51:42,771 --> 00:51:44,856
Adam Neumann essentially
getting to ride off
856
00:51:44,940 --> 00:51:48,443
into the sunset, like you said
there, with a golden parachute.
857
00:51:48,526 --> 00:51:52,489
This deal includes $975 million
858
00:51:52,572 --> 00:51:56,368
for a cap-out to buy
shares that Neumann owns,
859
00:51:56,451 --> 00:51:58,578
$500 million for a loan
860
00:51:58,662 --> 00:52:03,124
and $185 million for
a "consulting fee."
861
00:52:03,208 --> 00:52:05,252
He's now going to step
down from the board,
862
00:52:05,335 --> 00:52:10,882
and this will see SoftBank take
80% of this troubled company.
863
00:52:10,966 --> 00:52:13,593
We're already seeing some
employees really worried
864
00:52:13,677 --> 00:52:16,638
about what this massive
payout for Adam Neumann means.
865
00:54:33,567 --> 00:54:34,568
See?
866
00:54:35,151 --> 00:54:36,987
This is all we need.
867
00:54:37,946 --> 00:54:42,033
Water, sun, air, us.
868
00:54:43,535 --> 00:54:44,953
I feel reborn.
869
00:54:51,126 --> 00:54:52,127
What?
870
00:54:53,503 --> 00:54:54,880
Just got the email.
871
00:54:55,964 --> 00:54:57,173
It's official.
872
00:54:58,633 --> 00:54:59,634
Ho...
873
00:54:59,718 --> 00:55:03,096
It's the rights for the
curriculum for WeGrow.
874
00:55:03,179 --> 00:55:04,556
I bought them for you.
875
00:55:07,392 --> 00:55:09,561
Of course, we can't
use the name WeGrow,
876
00:55:10,729 --> 00:55:12,564
but I know you'll
think of something.
877
00:55:19,321 --> 00:55:20,989
Thank you so much.
878
00:55:21,072 --> 00:55:23,241
No, thank you. Thank you.
879
00:55:27,037 --> 00:55:29,998
Oh, wait, honey.
Adam, your goggles.
880
00:55:30,081 --> 00:55:32,167
Don't worry about me.
I know the Dead Sea.
881
00:55:32,250 --> 00:55:33,835
I'm an old Navy man.
882
00:55:33,919 --> 00:55:37,047
Okay, just please. The
salt, your eyes, just...
883
00:55:37,589 --> 00:55:40,717
How are you doing? Do you
want to watch your daddy swim?
884
00:55:40,800 --> 00:55:43,803
You want to watch me? I'm
going look for a whale. Okay.
885
00:55:43,887 --> 00:55:47,224
I'm going to bring one
back for you. You watch!
886
00:55:59,694 --> 00:56:00,779
Adam!
887
00:56:07,244 --> 00:56:08,245
Hello?
888
00:56:08,745 --> 00:56:10,413
Oh, Rebekah. How are you?
889
00:56:10,497 --> 00:56:12,374
How is Tel Aviv?
890
00:56:12,457 --> 00:56:13,541
Good.
891
00:56:14,167 --> 00:56:16,711
Good. I'm looking for Adam.
892
00:56:16,795 --> 00:56:19,339
Yeah. He just went for a swim,
893
00:56:19,422 --> 00:56:22,926
but do you want to
leave a message?
894
00:56:23,552 --> 00:56:26,721
No, no. No message.
Just a question.
895
00:56:26,805 --> 00:56:28,598
For you.
896
00:56:28,682 --> 00:56:29,933
Okay.
897
00:56:31,434 --> 00:56:34,604
Who wins in a fight? The
smart one or the crazy one?
898
00:56:35,188 --> 00:56:36,690
What?
899
00:56:36,773 --> 00:56:38,942
Who wins in a fight?
900
00:56:39,025 --> 00:56:41,486
The smart one or the crazy one?
901
00:56:46,992 --> 00:56:48,201
The smart one.
902
00:56:48,827 --> 00:56:50,912
You're smarter
than your husband.
903
00:56:50,996 --> 00:56:52,497
He said the crazy one.
904
00:56:53,957 --> 00:56:55,584
But it's a trick question.
905
00:56:55,667 --> 00:56:58,044
It's not the smart
one or the crazy one.
906
00:57:01,131 --> 00:57:02,173
Then who?
907
00:57:03,758 --> 00:57:06,469
The one with all the money.
908
00:57:11,266 --> 00:57:13,935
I-I don't understand,
what are you…
909
00:57:16,897 --> 00:57:19,107
You will never get
that buyout package.
910
00:57:19,190 --> 00:57:20,942
Not a single penny.
911
00:57:21,026 --> 00:57:22,569
I will make sure of it.
912
00:57:26,072 --> 00:57:28,408
You and Adam have a deal.
913
00:57:29,326 --> 00:57:32,913
The next time we speak
will be through lawyers.
914
00:57:34,456 --> 00:57:35,456
Ma...
915
00:57:35,916 --> 00:57:36,917
A...
916
00:57:39,044 --> 00:57:40,045
Adam.
917
00:57:40,128 --> 00:57:43,882
Adam. Adam. Adam.
918
00:57:43,965 --> 00:57:45,508
Adam, the money.
919
00:57:46,801 --> 00:57:48,094
The money!
920
00:57:49,679 --> 00:57:51,765
My eyes. My eyes!
921
00:57:51,848 --> 00:57:53,934
- Adam, the money!
- I can't see!
922
00:57:54,017 --> 00:57:55,894
- Adam!
- My eyes, I can't see.
923
00:57:55,977 --> 00:57:57,395
I can't see.
924
00:57:57,479 --> 00:57:58,479
Adam! The money!
925
00:57:58,521 --> 00:58:00,690
Help us! Please!
926
00:59:05,755 --> 00:59:07,924
When I met Rebekah
about nine years ago,
927
00:59:08,008 --> 00:59:12,137
and then she was my girlfriend, um, I
weighed about 20 pounds less than today.
928
00:59:12,220 --> 00:59:14,639
I was smoking two packs
of cigarettes a day,
929
00:59:14,723 --> 00:59:16,808
I had a lot of very
unhealthy habits.
930
00:59:16,892 --> 00:59:20,020
And even though I was a big talker,
I had nothing to show for it.
931
00:59:20,103 --> 00:59:22,123
"The first thing she told me
is, 'You're full of shit."
932
00:59:22,147 --> 00:59:23,440
That was the first thing.
933
00:59:23,523 --> 00:59:27,152
"You talk like you are all that, you
literally can't even buy me dinner."
934
00:59:27,235 --> 00:59:29,338
She said, "Even though this...
I do believe in equality"
935
00:59:29,362 --> 00:59:30,697
between men and
women." She said,
936
00:59:30,780 --> 00:59:33,092
"It's okay if you paid for dinner
one time, it's not a bad thing."
937
00:59:33,116 --> 00:59:35,660
Because I would offer to pay,
being polite, and he would accept.
938
00:59:35,744 --> 00:59:38,788
Which just was completely
strange for an American girl.
939
00:59:38,872 --> 00:59:40,916
And she said... she said to me,
940
00:59:40,999 --> 00:59:44,711
"If you don't immediately
stop chasing the wrong thing,
941
00:59:44,794 --> 00:59:46,463
actually find your passion,
942
00:59:46,546 --> 00:59:49,007
find what it is that makes
a difference for you.
943
00:59:49,090 --> 00:59:52,719
Find, and then take that, mix it with
what you do, what you love at the most."
944
00:59:52,802 --> 00:59:54,638
Which in my case is
bringing people together.
945
00:59:54,721 --> 00:59:56,848
And I do happen to love
buildings, I don't know why.
946
00:59:56,932 --> 00:59:59,517
"If you don't find a way to
bring these two things together
947
00:59:59,601 --> 01:00:01,519
and really do something
meaningful for the world,
948
01:00:01,603 --> 01:00:04,105
not only will nothing
you do never really work,
949
01:00:04,189 --> 01:00:06,983
even if something did work,
you'll never feel fulfilled."
950
01:00:07,067 --> 01:00:09,736
She said, "My suggestion for you
is, drop everything you're doing",
951
01:00:09,819 --> 01:00:11,071
go find something real.
952
01:00:11,154 --> 01:00:14,157
Stop worrying about the bottom
line, because it's not about that.
953
01:00:14,241 --> 01:00:17,577
Redefine success and fulfillment
as something greater than yourself,
954
01:00:17,661 --> 01:00:20,330
and the rest will follow." I
have to say, I did all of that.
955
01:00:20,413 --> 01:00:22,225
- Rebekah, I want to say thank you.
- Adam, my love.
956
01:00:22,249 --> 01:00:24,167
- I'd be nothing without you.
- Well put.
70988
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