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, 6 00:01:20,916 --> 00:01:25,086 creator, and founder and CEO of The We Company, 7 00:01:25,170 --> 00:01:29,257 the third most valuable private company in the world. 8 00:01:30,508 --> 00:01:33,762 I could give you my version of how we got here, 9 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? 96 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. 114 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. 117 00:06:51,997 --> 00:06:53,456 Let it loose. And… 118 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.