243: WeWork — The rise and fall of the cult-like office sharing business

The boys drink and review 1623 Brewing’s Everything But the Seeds, then discuss the strange phenomenon of WeWork.

The founders wanted to create an exciting new work environment where people would collaborate and help one another with their business. They had a particular focus on start-ups, and it seems to have majored in young people.

Adam Neumann was the charismatic leader who wrapped the whole enterprise in a sense of meaning and purpose.

WeWork took off like a rocket with its dramatic investments and enthusiastic, cult-like community.

WeWork expanded into WeLive and WeGrow. The company wanted to change the way people live, work and educate their children.

After amazing growth, investors eventually found out it was mostly hype.