Why WeWork Didn't Work
Uncanny Valley | WIRED16 Heinä 2021

Why WeWork Didn't Work

In the 11 years since its founding, WeWork has had a wild ride. At its core, it's a real estate company that subleases trendy office spaces to other businesses. But the workers at the company, lead by their charismatic CEO Adam Neumann and intoxicated by a $47 billion valuation, partied like it was a rebellious tech startup. Behind all the kombucha taps in WeWork’s offices was a culture of extravagant splurging, furious hedonism, and questionable business decisions. The bad behavior persisted for a decade before it all came crashing down.

This week on Gadget Lab, we talk with Eliot Brown and Maureen Farrell, the Wall Street Journal reporters who helped reveal the absurd shenanigans that led to the downfall of WeWork. Their new book, The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion, is a chronicle of the company’s rollicking journey.

Show Notes:

The Cult of We comes out July 20. You can preorder it here. And be sure to follow all of Eliot and Maureen’s reporting at The Wall Street Journal.

Recommendations:

Maureen recommends the show Schitt’s Creek. Eliot recommends the podcast Fiasco, specifically season two, which is about the Iran Contra Scandal. Lauren recommends the Listings Project, a community newsletter for people looking for temporary housing. Mike recommends Mixcloud for discovering new music through DJ sets.

Maureen Farrell can be found on Twitter @maureenmfarrell. Eliot Brown is @eliotwb. Lauren Goode is @LaurenGoode. Michael Calore is @snackfight. Bling the main hotline at @GadgetLab. The show is produced by Boone Ashworth (@booneashworth). Our theme music is by Solar Keys.

If you have feedback about the show, or just want to enter to win a $50 gift card, take our brief listener survey here.

Learn about your ad choices: dovetail.prx.org/ad-choices

Jaksot(426)

How to Hack a Poker Game

How to Hack a Poker Game

Last week, the US Justice Department published an indictment involving NBA stars and members of the mob for allegedly running a network of rigged gambling games. One of their rigging tactics was a man...

30 Loka 202531min

BIG INTV: Why Nicholas Thompson Made a Custom GPT to Run Faster

BIG INTV: Why Nicholas Thompson Made a Custom GPT to Run Faster

The Atlantic CEO’s new book, The Running Ground, examines his complicated relationship with the sport. Nicholas Thompson, former WIRED editor, talks to Katie about the ways tech is helping him become ...

28 Loka 202550min

WIRED Roundup: Protest Frogs, Google Bedbugs, AI Psychosis

WIRED Roundup: Protest Frogs, Google Bedbugs, AI Psychosis

In today’s episode, Zoë is joined by WIRED’s Louise Matsakis to run through five stories that you need to know about this week — from how SEO is changing in the era of AI, to how frogs became a protes...

24 Loka 202522min

How Data Centers Actually Work

How Data Centers Actually Work

Tech giants have been investing hundreds of billions of dollars into AI data centers just this year alone. But as the deals pile up, so have the concerns around their viability and sustainability. Mik...

23 Loka 202528min

BIG INTV: Zohran Mamdani, the Internet’s Mayor

BIG INTV: Zohran Mamdani, the Internet’s Mayor

Mere months ago, New York's mayoral frontrunner was polling at the same level as literally "someone else." Zohran Mamdani talks to Katie about building a social media juggernaut, Big Tech capitulation...

20 Loka 202532min

WIRED Roundup: Satellites Data Leak, Cybertrucks, Politicized Federal Workers

WIRED Roundup: Satellites Data Leak, Cybertrucks, Politicized Federal Workers

In today’s episode, Zoë is joined by WIRED’s Jake Lahut to run through five stories that you need to know about this week — from how satellites are leaking sensitive data to what Zoë learned after int...

17 Loka 202521min

The New Power of Far-Right Influencers

The New Power of Far-Right Influencers

History professor Mark Bray is no stranger to death threats. As the author of the book Antifa: The Anti-Fascist Handbook, published in 2017, he has received backlash and harassment from far-right circ...

16 Loka 202532min

BIG INTV: Mark Cuban Would Still Have Dinner With Donald Trump

BIG INTV: Mark Cuban Would Still Have Dinner With Donald Trump

Billionaire Mark Cuban, owner of the Dallas Mavericks and co-founder of Cost Plus Drugs, talks to Katie about the state of entrepreneurship, American healthcare, and tech under Trump. The investor cam...

14 Loka 202544min