1 00:00:06,757 --> 00:00:08,007 (Wall Street nonsense) 2 00:00:12,679 --> 00:00:16,642 (The Prov G. Show) 3 00:00:16,725 --> 00:00:18,227 Hello friends. Happy Cinco de Mayo Day 4 00:00:18,310 --> 00:00:19,478 (Scott "Prof G" Galloway) 5 00:00:19,561 --> 00:00:22,689 You call a cargo ship full of mayonnaise. And drowned in the ocean, what is it? 6 00:00:22,773 --> 00:00:23,774 Singh-o-da-mayo 7 00:00:23,857 --> 00:00:25,817 Oh my gosh. 8 00:00:25,901 --> 00:00:26,985 This joke didn't pass. 9 00:00:27,069 --> 00:00:31,573 Anyway, today we're going to talk about IPOs. Initial public offering of shares 10 00:00:31,657 --> 00:00:35,452 IPO is a process in which a private company has become a public company 11 00:00:35,536 --> 00:00:38,330 For the founder of the company The highest achievement is the ringing of the bell. 12 00:00:38,413 --> 00:00:41,875 especially The bell rings at the opening of the New York Stock Exchange. 13 00:00:43,585 --> 00:00:44,586 Oops! 14 00:00:47,965 --> 00:00:50,133 Being a public company has many advantages. 15 00:00:50,217 --> 00:00:52,052 But there are big disadvantages as well. 16 00:00:53,971 --> 00:00:56,849 Risk of IPO failure 17 00:00:57,724 --> 00:01:00,519 An IPO is a hit or miss moment. 18 00:01:00,602 --> 00:01:02,437 It separates winners and losers. 19 00:01:02,521 --> 00:01:04,313 Companies like Google and Groupon 20 00:01:04,397 --> 00:01:06,692 Like Amazon and Pet.com. 21 00:01:06,775 --> 00:01:11,154 Being a public company It means you will really be in the public eye. 22 00:01:11,238 --> 00:01:13,907 People will also be able to see your bad side. 23 00:01:13,991 --> 00:01:15,325 including every disadvantage 24 00:01:15,409 --> 00:01:16,535 How do you run your company? 25 00:01:16,618 --> 00:01:19,371 How much money do you actually make? Or how much was lost? 26 00:01:19,454 --> 00:01:23,000 This is why some company founders Try to keep your enemies from knowing what's inside. 27 00:01:23,083 --> 00:01:24,334 for as long as possible 28 00:01:24,418 --> 00:01:28,547 Absolutely do not pass. 29 00:01:40,184 --> 00:01:42,477 (Hello!) 30 00:01:51,778 --> 00:01:53,697 (Drink now!) 31 00:02:16,595 --> 00:02:18,555 (Based on the podcast "WeCrashed" by Wondery) 32 00:02:34,112 --> 00:02:35,531 (Google) 33 00:02:35,614 --> 00:02:38,033 (Google Headquarters Silicon Valley) 34 00:02:47,251 --> 00:02:49,795 My assistant had to put it together. 35 00:02:49,878 --> 00:02:52,881 But this morning he sprained his ankle. Or it's a broken ankle. 36 00:02:52,965 --> 00:02:54,424 I don't know. I'm not a doctor either. 37 00:02:54,508 --> 00:02:56,218 He tripped over his suitcase and fell. 38 00:02:56,301 --> 00:02:58,679 Another assistant took him to the emergency room. 39 00:02:59,263 --> 00:03:01,849 But that's okay because we can adapt. 40 00:03:01,932 --> 00:03:04,977 We're flexible, we can improvise, right? 41 00:03:05,060 --> 00:03:09,231 I don't know if anyone has ever told you. But it's my superpower. 42 00:03:10,232 --> 00:03:11,358 change 43 00:03:12,901 --> 00:03:14,152 Why did you come to us? 44 00:03:15,571 --> 00:03:18,532 Because you have a large sum of money, huh? 45 00:03:24,621 --> 00:03:27,249 Wework is… 46 00:03:28,333 --> 00:03:30,002 It's a family business. 47 00:03:30,085 --> 00:03:32,212 And we are at our strongest. 48 00:03:32,296 --> 00:03:36,258 When we find the right partner Come live together in the same family. Do you understand? 49 00:03:36,341 --> 00:03:38,427 I still can't figure out how you are a tech company. 50 00:03:38,510 --> 00:03:41,513 The goal of the model is to demonstrate 51 00:03:41,597 --> 00:03:44,683 that technology drives What is the depth of the workplace? 52 00:03:44,766 --> 00:03:47,561 Yes, which meeting rooms are already reserved? 53 00:03:47,644 --> 00:03:50,480 If the space is used efficiently 54 00:03:50,564 --> 00:03:52,482 Efficiency is… 55 00:03:52,566 --> 00:03:53,984 is google 56 00:03:54,067 --> 00:03:55,444 Why did you come to us? 57 00:03:56,403 --> 00:03:57,696 Why not go for Softbank? 58 00:03:57,779 --> 00:04:00,949 SoftBank remains very committed to us. 59 00:04:01,033 --> 00:04:03,577 Adam, I'm sorry, why don't you sell your IPO shares? 60 00:04:26,558 --> 00:04:27,601 (darling) 61 00:04:27,684 --> 00:04:29,269 (Leaving Google and going to Elon) 62 00:04:29,353 --> 00:04:31,230 (Call me, darling, please) 63 00:04:34,149 --> 00:04:37,694 (Wegrow) 64 00:04:57,714 --> 00:05:00,259 When I was really good. 65 00:05:03,470 --> 00:05:04,930 The kids are great. 66 00:05:05,013 --> 00:05:07,099 But everything else was embarrassing. 67 00:05:07,182 --> 00:05:09,560 Teachers' shoes should be white, black, or beige. 68 00:05:09,643 --> 00:05:12,437 And damn Don't wear lace. 69 00:05:12,521 --> 00:05:14,648 Teacher Myers plays the tambourine in a dizzying way. 70 00:05:14,731 --> 00:05:17,484 Why don't you know how to play the tambourine? It's just a tambourine 71 00:05:17,568 --> 00:05:20,737 And don't even get me talking about Teacher Ivy's voice. 72 00:05:23,991 --> 00:05:27,035 Please write down this information at your convenience. B 73 00:05:27,786 --> 00:05:30,038 Is it that you don't like Teacher Ivy's voice? 74 00:05:30,122 --> 00:05:31,123 Yes 75 00:05:31,206 --> 00:05:33,709 Damn it, did you think you'd find a teacher in New York? 76 00:05:33,792 --> 00:05:35,919 that can do both singing and teaching 77 00:05:37,421 --> 00:05:39,047 I'm ready to move on to my to-do list. 78 00:05:39,131 --> 00:05:40,591 - How about you? - Ready. 79 00:05:40,674 --> 00:05:42,467 This morning I checked the website again. 80 00:05:42,551 --> 00:05:44,928 Tell Gavin that I still see the placeholder text. 81 00:05:45,012 --> 00:05:47,139 with Helvetica font 82 00:05:47,764 --> 00:05:48,849 This is unacceptable. 83 00:05:48,932 --> 00:05:51,101 I called the front desk at 11:23 AM. 84 00:05:51,185 --> 00:05:53,437 No one answered the phone. Called five times, always left a voicemail. 85 00:05:53,520 --> 00:05:55,314 Tell Lisa that this is unacceptable. 86 00:05:55,397 --> 00:05:57,983 Set up a meeting with Nicole about business expansion plans. 87 00:05:58,066 --> 00:06:00,527 For Wegrow San Fran and Tel Aviv 88 00:06:00,611 --> 00:06:03,488 The duration of funding for scholarships which it… 89 00:06:04,072 --> 00:06:05,866 and a lemonade stand 90 00:06:05,949 --> 00:06:07,284 And then… 91 00:06:08,035 --> 00:06:09,328 Lemonade stand 92 00:06:10,579 --> 00:06:12,080 We will take the children to our farm. 93 00:06:12,164 --> 00:06:14,124 and let them pick vegetables 94 00:06:14,208 --> 00:06:15,542 Sell ​​it to V-Works employees. 95 00:06:15,626 --> 00:06:18,212 It will be the lemonade stand of the 21st century. 96 00:06:18,295 --> 00:06:19,838 Conducting business with conscience 97 00:06:19,922 --> 00:06:22,883 Entrepreneurship for a five-year-old? 98 00:06:24,801 --> 00:06:26,303 Oh, I just heard that too. 99 00:06:26,386 --> 00:06:27,387 Your right 100 00:06:27,471 --> 00:06:30,349 We will let children younger than that go along. But you must order a car seat. 101 00:06:30,432 --> 00:06:32,851 And then the certificate of attendance As for next year's class? 102 00:06:32,935 --> 00:06:34,645 I got it, but it was typed incorrectly. 103 00:06:34,728 --> 00:06:36,230 It prints "Academic Year 2031" 104 00:06:36,313 --> 00:06:37,397 No, that's right. 105 00:06:37,481 --> 00:06:40,025 That's when you guys will graduate. From Wegrow High School 106 00:06:41,151 --> 00:06:42,402 Of course. 107 00:06:42,486 --> 00:06:43,695 I signed it 108 00:06:45,280 --> 00:06:49,368 I won't leave the kids alone. must experience In terms of education according to the norm, B. 109 00:06:49,451 --> 00:06:51,620 I want to educate you guys. From birth until death 110 00:06:52,829 --> 00:06:54,790 Should I use it as a slogan? 111 00:06:54,873 --> 00:06:56,208 "From birth until death" 112 00:06:58,418 --> 00:07:00,379 - Yes. - Could you please try making this word sign? 113 00:07:00,462 --> 00:07:02,297 I will only be able to see... 114 00:07:02,381 --> 00:07:03,423 Great, that's it. 115 00:07:04,299 --> 00:07:05,300 ok 116 00:07:10,597 --> 00:07:12,015 (Certificate of admission Wegrow) 117 00:07:17,187 --> 00:07:19,189 (Darling Please call me) 118 00:07:22,901 --> 00:07:23,902 (Instagram 119 likes) 119 00:07:23,986 --> 00:07:25,737 (Wegrow raises the world's consciousness one step at a time) 120 00:07:26,321 --> 00:07:29,241 (Wegrow 614 followers - 3,479 following) 121 00:07:31,535 --> 00:07:34,037 (We Work 622K Followers - 428 Following) 122 00:07:41,128 --> 00:07:42,296 Adam 123 00:07:42,379 --> 00:07:45,340 You've been in the Valley for a week. No one came to invest. 124 00:07:45,424 --> 00:07:48,343 It's time for you to sell your IPO shares. 125 00:08:00,272 --> 00:08:04,234 Darling, I'm trying to get back to you. so that we can eat breakfast together 126 00:08:04,318 --> 00:08:06,028 But you wake up so early 127 00:08:07,571 --> 00:08:10,157 Should I make tofu for people to eat? 128 00:08:10,240 --> 00:08:12,242 and green vegetable juice to start your day brightly 129 00:08:12,326 --> 00:08:15,370 Excuse me, I have to take care of the school. that you created for me 130 00:08:15,454 --> 00:08:18,415 - I didn't intend to convey it like that... - I know you think I didn't do anything. 131 00:08:18,498 --> 00:08:19,625 But actually I do 132 00:08:21,376 --> 00:08:24,546 - Darling, please. - No, no, you made it clear. 133 00:08:27,049 --> 00:08:28,300 - Darling... - My psychiatrist said. 134 00:08:28,383 --> 00:08:30,511 "We can only hate the people we really love." 135 00:08:31,386 --> 00:08:32,971 I think I really love you. 136 00:08:37,726 --> 00:08:40,938 And you'll make it come back How can you get into the groove like before? 137 00:08:42,481 --> 00:08:43,482 Adam 138 00:08:44,525 --> 00:08:46,401 Who says we're off track? 139 00:08:46,485 --> 00:08:48,904 We're exactly on track, Jamie. 140 00:08:48,987 --> 00:08:51,323 The path the universe wants us to be on. 141 00:08:51,406 --> 00:08:54,326 - In short, there's no luck in the Valley. - Eh, they lack vision. 142 00:08:55,118 --> 00:08:58,455 Anyway. I had to increase our personal credit limit. 143 00:08:58,539 --> 00:09:01,083 Not a lot to add, just a little. Let us breathe more easily. 144 00:09:01,834 --> 00:09:03,377 How much have you spent? 145 00:09:03,460 --> 00:09:05,295 380 million 146 00:09:05,379 --> 00:09:08,423 You don't have to do anything. I will go talk to the loan team myself. 147 00:09:11,718 --> 00:09:13,720 And what about V-Work's spending rate now? 148 00:09:14,304 --> 00:09:16,098 58 million per week 149 00:09:16,682 --> 00:09:17,724 That's a lot of money. 150 00:09:17,808 --> 00:09:19,852 It cannot be compared to the amount we will get. 151 00:09:21,144 --> 00:09:22,354 Well... 152 00:09:24,022 --> 00:09:26,233 How much personal credit have we issued to you? 153 00:09:26,316 --> 00:09:28,986 97 million with a low interest mortgage contract? 154 00:09:29,987 --> 00:09:31,363 Buy shares in a company 155 00:09:31,446 --> 00:09:34,408 The stock is now valued at over 600 million. 156 00:09:35,868 --> 00:09:36,952 Why not be a public company? 157 00:09:38,370 --> 00:09:39,454 Why not sell IPO shares? 158 00:09:43,458 --> 00:09:45,210 I don't want to follow anyone's orders. 159 00:09:45,794 --> 00:09:49,089 Did you know that billions of baht? There is a tendency to be able to endure that. 160 00:10:00,184 --> 00:10:02,394 These various shapes 161 00:10:05,480 --> 00:10:07,065 What is this leaf shape? 162 00:10:07,149 --> 00:10:10,777 Bloom Energy Share value increased 66% On the first day of trading 163 00:10:10,861 --> 00:10:13,488 Wow, 66% on the first day? 164 00:10:15,616 --> 00:10:16,617 This one. 165 00:10:16,700 --> 00:10:20,245 Dropbox increased over 35% in the first day. 166 00:10:20,329 --> 00:10:21,955 This is impressive. 167 00:10:23,916 --> 00:10:25,375 And what will mine be like? 168 00:10:32,633 --> 00:10:33,634 be a unicorn 169 00:10:36,220 --> 00:10:37,387 unicorn 170 00:10:41,141 --> 00:10:44,353 (From Jamie Diamond and your friends at JP Morgan Chase) 171 00:10:48,607 --> 00:10:51,777 Okay, next item is… 172 00:10:53,028 --> 00:10:54,321 Enrollment 173 00:10:54,404 --> 00:10:58,033 Seeing these numbers is very discouraging. 174 00:10:59,243 --> 00:11:01,995 It didn't go as I thought. 175 00:11:02,579 --> 00:11:05,457 How can we increase the number of people applying for admission? 176 00:11:10,921 --> 00:11:13,423 We can adjust our social media strategy. 177 00:11:13,507 --> 00:11:15,634 What social media strategies are there… 178 00:11:15,717 --> 00:11:17,553 There's nothing to adjust, Damien. 179 00:11:17,636 --> 00:11:20,013 We have 600 followers. Okay, no. 180 00:11:20,097 --> 00:11:23,183 We need to think bigger than this. We need to reach more people. 181 00:11:23,267 --> 00:11:25,477 You're invited to that podcast. 182 00:11:26,562 --> 00:11:27,646 Interesting 183 00:11:27,729 --> 00:11:31,275 Yes, if you think Transitioning from Vanity Fair to Podcasts 184 00:11:31,358 --> 00:11:32,484 is the appropriate approach 185 00:11:32,568 --> 00:11:35,988 For the President of Branding Of a multi-billion dollar company, that's great. 186 00:11:36,071 --> 00:11:39,241 Actually, I'm aiming for CNBC more. 187 00:11:39,950 --> 00:11:44,037 Right? Adam's out there every other week. 188 00:11:44,121 --> 00:11:45,205 They love WeWork. 189 00:11:45,289 --> 00:11:47,916 This is WeWork's newest and clearest concept. 190 00:11:48,000 --> 00:11:49,835 Transforming the education system 191 00:11:49,918 --> 00:11:52,504 And they will have an exclusive interview with the CEO. 192 00:11:53,547 --> 00:11:56,133 Adam's schedule is already quite packed. 193 00:11:57,259 --> 00:11:59,761 No, not Damian, no, it's me. 194 00:11:59,845 --> 00:12:01,471 I am the CEO of Wegrow. 195 00:12:02,431 --> 00:12:06,351 OK, tell them. I'm going to talk about our expansion plans. 196 00:12:06,935 --> 00:12:10,022 I will talk about our network of schools around the world. Innovation that we… 197 00:12:10,105 --> 00:12:12,107 welcome to the School of Greatness podcast 198 00:12:12,191 --> 00:12:14,151 Rebekah now Newmann is now with us. 199 00:12:14,234 --> 00:12:17,196 Wife of Adam Newmann, founder of WeWork. 200 00:12:18,030 --> 00:12:19,031 Actually I… 201 00:12:20,365 --> 00:12:21,825 So excited to be here. Thank you. 202 00:12:21,909 --> 00:12:23,368 Wegrow's mission 203 00:12:23,452 --> 00:12:27,122 And to be honest, it belongs to the "V" group of companies. that we have always held 204 00:12:27,206 --> 00:12:29,583 It is to raise the level of consciousness of the world. 205 00:12:29,666 --> 00:12:31,293 It's a school, right? 206 00:12:32,628 --> 00:12:34,880 Actually, it's a method of practice. 207 00:12:34,963 --> 00:12:36,632 and a new way of life 208 00:12:36,715 --> 00:12:38,717 What inspiration do you have to do this? 209 00:12:39,218 --> 00:12:40,219 Really dead, it's... 210 00:12:40,302 --> 00:12:43,347 It arises from many things. Don't come together 211 00:12:43,430 --> 00:12:45,474 He ended up having an affair with my best friend. 212 00:12:45,557 --> 00:12:46,683 That's not true. 213 00:12:46,767 --> 00:12:49,436 What do I want people to know about me? 214 00:12:51,605 --> 00:12:53,106 Really I… 215 00:12:54,316 --> 00:12:55,734 I'm a flexible person. 216 00:12:56,485 --> 00:12:58,028 - Emotionally? - Physical 217 00:12:59,404 --> 00:13:02,491 A yogi in India once told me that 218 00:13:02,574 --> 00:13:05,786 If we always make the spine work well We won't get old. 219 00:13:06,745 --> 00:13:08,455 That's why you look only 21 years old, right? 220 00:13:08,539 --> 00:13:09,831 Do I hate it? 221 00:13:10,415 --> 00:13:11,416 No. 222 00:13:12,918 --> 00:13:17,798 No, I feel sad about a lot of things that I… 223 00:13:19,383 --> 00:13:20,634 What kind of story is this? 224 00:13:21,260 --> 00:13:22,511 All forms of abuse 225 00:13:24,388 --> 00:13:26,014 animal cruelty 226 00:13:28,183 --> 00:13:29,351 children who suffer 227 00:13:32,354 --> 00:13:34,314 What we do with this world 228 00:13:34,398 --> 00:13:37,651 But I don't hate 229 00:13:37,734 --> 00:13:42,781 If we teach others... And I mean myself. 230 00:13:42,865 --> 00:13:45,284 I remind myself every day... 231 00:13:45,367 --> 00:13:49,621 That when you have conscience and keep sharing 232 00:13:50,122 --> 00:13:52,624 They will be more fulfilled. 233 00:13:52,708 --> 00:13:54,418 Find something you're really passionate about. 234 00:13:55,043 --> 00:13:57,754 then share with others 235 00:13:58,547 --> 00:14:02,384 Then they will get everything they want. 236 00:14:02,885 --> 00:14:06,722 But they have to deal with other people. The way they want others to treat them. 237 00:14:07,222 --> 00:14:13,187 They need to understand that we are human beings too. 238 00:14:22,613 --> 00:14:24,531 Mickey-Micks 239 00:14:24,615 --> 00:14:26,950 My five half-brothers. 240 00:14:27,618 --> 00:14:29,077 May I come in? 241 00:14:30,579 --> 00:14:31,580 Yes 242 00:14:37,294 --> 00:14:38,587 You also have the work of Liechtenstein. 243 00:14:38,670 --> 00:14:43,217 Wow, it's smaller than I thought. 244 00:14:43,300 --> 00:14:44,885 How much did you pay? 245 00:14:47,179 --> 00:14:49,348 Twenty dollars from poster.com 246 00:14:51,433 --> 00:14:53,852 We have to find real art for you, my friend. 247 00:14:53,936 --> 00:14:55,062 Real work of art 248 00:15:02,444 --> 00:15:03,695 Miguel 249 00:15:04,655 --> 00:15:05,864 Look outside. 250 00:15:06,949 --> 00:15:07,950 Look. 251 00:15:09,034 --> 00:15:10,494 we created it 252 00:15:10,577 --> 00:15:13,497 This beautiful and huge thing 253 00:15:13,580 --> 00:15:16,917 We are the creators. And they joined us. 254 00:15:20,045 --> 00:15:22,965 I know you think I don't listen to you, but I do. 255 00:15:23,757 --> 00:15:24,758 I listen to you 256 00:15:26,260 --> 00:15:27,344 What does it mean? 257 00:15:28,887 --> 00:15:29,888 You'll see soon. 258 00:16:05,299 --> 00:16:06,884 - It's official. - It's official. 259 00:16:06,967 --> 00:16:08,385 (V Group submits application to sell IPO shares) 260 00:16:08,468 --> 00:16:10,888 - You have filed a complaint. - Yes, filed. We will be a public company. 261 00:16:10,971 --> 00:16:15,142 - WeWork will be a public company. - V Company Group will be a public company. 262 00:16:25,027 --> 00:16:26,236 (Adam) 263 00:16:26,320 --> 00:16:28,780 It's time to go buy you some real art, Miguel. 264 00:16:30,657 --> 00:16:32,242 What made you decide you were ready? 265 00:16:32,326 --> 00:16:34,036 We were ready all along. 266 00:16:34,119 --> 00:16:35,996 It's only a matter of time. 267 00:16:37,706 --> 00:16:38,707 (JP Morgan Chase) 268 00:16:38,790 --> 00:16:41,168 Okay, there are 72 hours. Find out how much they are worth. 269 00:16:41,251 --> 00:16:43,378 100 million in compensation for us, let's go. 270 00:16:48,091 --> 00:16:49,843 Let's talk a little about finances. 271 00:16:49,927 --> 00:16:53,514 You have not disclosed any financial information. To submit confidential documents 272 00:16:53,597 --> 00:16:55,307 Among the presentations you shared with us… 273 00:16:55,390 --> 00:16:56,391 (new document) 274 00:16:56,475 --> 00:17:00,437 We saw that revenues shot up. to $1.8 billion in 2017 275 00:17:00,521 --> 00:17:03,607 But that year the net loss was 1.9. 276 00:17:04,148 --> 00:17:11,073 But we have an annual income of 2.43 billion. in the fourth quarter 277 00:17:12,491 --> 00:17:13,534 You can go. 278 00:17:13,617 --> 00:17:17,788 (Goldman Sachs) 279 00:17:22,376 --> 00:17:25,170 and there has been an increase in the number of members 280 00:17:25,253 --> 00:17:29,466 From 186,000 people to 401,000 people 281 00:17:30,050 --> 00:17:33,804 Uber Lift Pinterest Slack, and now V-work. 282 00:17:33,887 --> 00:17:35,430 V Company Group: Yes. 283 00:17:35,514 --> 00:17:37,516 - V Company Group - Thank you very much. 284 00:17:37,599 --> 00:17:40,853 I'm sorry. This means that every company is preparing to become a public company this year. 285 00:17:40,936 --> 00:17:43,605 They call it "The Flow of Unicorns" 286 00:17:43,689 --> 00:17:46,024 We support everyone's success. 287 00:17:46,108 --> 00:17:47,317 There's no reason not to do it. 288 00:17:47,401 --> 00:17:51,697 We feel very confident about the demand. of investors allowing us to sell IPO shares 289 00:17:52,614 --> 00:17:53,615 ok 290 00:17:55,492 --> 00:17:56,743 Let's go. 291 00:17:56,827 --> 00:17:58,662 (Morgan Stanley) 292 00:18:01,748 --> 00:18:04,459 This is the right moment. For the mission of the company 293 00:18:08,255 --> 00:18:11,049 - which is - Raising the consciousness of the world 294 00:18:11,675 --> 00:18:14,803 and being a public company will help us achieve this mission. 295 00:18:16,346 --> 00:18:18,557 Wow, that's exciting. 296 00:18:21,560 --> 00:18:22,603 Can I have some tea, please? 297 00:18:23,228 --> 00:18:24,354 - Yes. - Thank you. 298 00:18:36,533 --> 00:18:37,784 Mother Teresa 299 00:18:38,702 --> 00:18:39,703 Bob Marley 300 00:18:40,454 --> 00:18:41,496 Adam Newmann 301 00:18:42,080 --> 00:18:46,084 Your goal is to raise the world's consciousness. Reminds us of these famous people 302 00:18:46,168 --> 00:18:49,171 “Love the life you live. and live the life you love." 303 00:18:49,671 --> 00:18:52,424 May Bob Marley rest in peace. 304 00:18:53,342 --> 00:18:57,846 The only difference Between you and Amazon, Google, and Alibaba. 305 00:18:57,930 --> 00:18:59,848 That is, you grow exponentially faster. 306 00:19:00,766 --> 00:19:03,852 We are the best in this industry. And the coolest deserve the best. 307 00:19:03,936 --> 00:19:06,813 I think I know what you value, Adam. 308 00:19:06,897 --> 00:19:08,273 personal relationships 309 00:19:08,357 --> 00:19:12,486 And I think you already know that we are a bank. who is a leader in securities distribution 310 00:19:12,569 --> 00:19:16,114 Jamie, I value you more than you know. 311 00:19:16,198 --> 00:19:20,410 The question is, how much do you value me? 312 00:19:28,126 --> 00:19:30,087 Forty-six billion 313 00:19:31,046 --> 00:19:35,175 Our last round of funding It has a value of 47,000 million. 314 00:19:35,259 --> 00:19:36,760 You give too low, guys. 315 00:19:37,344 --> 00:19:39,179 Too low, unfortunately. 316 00:19:40,639 --> 00:19:41,890 Eighteen thousand to fifty thousand two 317 00:19:41,974 --> 00:19:43,016 "Eighty-eight to fifty-two thousand"? 318 00:19:43,100 --> 00:19:45,269 It depends on whether we can... 319 00:19:46,144 --> 00:19:47,312 Sixty billion? 320 00:19:49,273 --> 00:19:51,859 The question is, why is this so low? 321 00:19:55,445 --> 00:19:57,197 We actually thought it was high. 322 00:19:59,449 --> 00:20:00,450 Sixty-three thousand 323 00:20:09,626 --> 00:20:11,211 Add another 18 cents… 324 00:20:12,504 --> 00:20:13,755 And then close the deal 325 00:20:15,799 --> 00:20:18,760 I think it's a fair number. with our investors 326 00:20:18,844 --> 00:20:20,762 and our future investors as well. 327 00:20:20,846 --> 00:20:22,764 And most importantly 328 00:20:24,349 --> 00:20:25,434 are our employees 329 00:20:26,852 --> 00:20:29,646 Now let's make a ton of money. 330 00:20:29,730 --> 00:20:31,857 Okay, that's a lot. 331 00:20:32,524 --> 00:20:33,650 Yes 332 00:20:34,234 --> 00:20:37,779 We will begin organizing the S-One documents. Together with your team 333 00:20:37,863 --> 00:20:40,991 It's the launch of WeWork... Official launch to the public 334 00:20:41,074 --> 00:20:43,202 This is one of the most important parts of this step. 335 00:20:43,285 --> 00:20:45,120 - We'll start doing it. - All right, please. 336 00:20:45,204 --> 00:20:48,874 write it up Then I will make it more powerful. 337 00:20:48,957 --> 00:20:51,835 Adam, it's a financial document. and important laws 338 00:20:51,919 --> 00:20:54,129 - We will let the experts handle it. - I understand. I entered... 339 00:20:54,213 --> 00:20:55,339 Miguel is right, Adam. 340 00:20:55,422 --> 00:20:59,009 Must use advanced technical terminology Reporting regulations Legal burden 341 00:20:59,092 --> 00:21:01,595 - You don't want to be involved. - Listen. 342 00:21:01,678 --> 00:21:05,224 That's the ancient way. I don't care about the old ways. 343 00:21:05,307 --> 00:21:07,267 I am interested in the world that is coming. 344 00:21:07,351 --> 00:21:09,436 You see, we are creating a new world. 345 00:21:09,520 --> 00:21:11,021 New World Miguel 346 00:21:11,104 --> 00:21:15,108 Have your people put everything together. And then we'll take care of it ourselves. 347 00:21:15,817 --> 00:21:16,818 Okay. 348 00:21:18,737 --> 00:21:19,738 Thank you 349 00:21:23,492 --> 00:21:24,576 Crazy! 350 00:21:25,160 --> 00:21:26,370 Is there something wrong? 351 00:21:26,453 --> 00:21:28,121 I think we'll get 64,000. 352 00:21:30,249 --> 00:21:31,458 Oh my gosh. 353 00:21:31,542 --> 00:21:33,168 - Yes, that's a good deal. - That's right. 354 00:21:33,252 --> 00:21:34,920 - Yes. - Yes. 355 00:21:35,003 --> 00:21:36,004 Yea! 356 00:21:37,756 --> 00:21:39,883 Yea! Yea! 357 00:22:02,030 --> 00:22:03,031 Rivka 358 00:22:03,991 --> 00:22:06,285 Rivka, come sit with me. 359 00:22:08,996 --> 00:22:11,832 I didn't ask for you as my husband. But I ask you as your CEO. 360 00:22:11,915 --> 00:22:13,834 This is business. Please come sit. 361 00:22:14,710 --> 00:22:15,711 Please 362 00:22:19,840 --> 00:22:21,466 Just a moment 363 00:22:26,555 --> 00:22:27,556 Thank you 364 00:22:29,433 --> 00:22:30,434 Carrot juice 365 00:22:40,402 --> 00:22:42,487 Do you know what S-One is? 366 00:22:43,780 --> 00:22:46,909 I used to work on Wall Street, Adam. I know what S-One is. 367 00:22:46,992 --> 00:22:48,827 It is about introducing the company to the world. 368 00:22:48,911 --> 00:22:51,330 is the organization's mission is the reason for the establishment of the company 369 00:22:52,206 --> 00:22:53,290 It's exactly right. 370 00:22:53,832 --> 00:22:57,002 Lawyers and bankers We'll talk about the finer details. 371 00:22:57,085 --> 00:22:58,587 But we have to make it look like us. 372 00:22:58,670 --> 00:23:02,007 It must be a living thing. 373 00:23:02,090 --> 00:23:05,677 And it must tell the story of V. 374 00:23:07,721 --> 00:23:11,141 And all this time, V was… 375 00:23:13,227 --> 00:23:14,269 you and me 376 00:23:16,188 --> 00:23:17,648 Come write with me. 377 00:23:27,991 --> 00:23:28,992 no 378 00:23:30,494 --> 00:23:33,664 You created the company. You write it yourself. 379 00:23:41,004 --> 00:23:43,215 I saw the podcast you were on. 380 00:23:43,298 --> 00:23:45,300 I think you did a great job. 381 00:23:45,384 --> 00:23:47,511 It's just a podcast. It doesn't matter. 382 00:23:47,594 --> 00:23:50,305 Of course it's important. It's important. 383 00:23:52,266 --> 00:23:53,308 Damien told me 384 00:23:53,392 --> 00:23:56,812 Do you think your message isn't reaching enough people? 385 00:23:56,895 --> 00:23:58,146 I agree 386 00:23:58,730 --> 00:24:00,440 Do you want to get your message across widely? 387 00:24:00,524 --> 00:24:02,568 Do you want to grow your school? 388 00:24:02,651 --> 00:24:03,694 Do you want to be heard? 389 00:24:03,777 --> 00:24:05,696 Then come help me write S-One. 390 00:24:06,530 --> 00:24:08,240 Not as my wife... 391 00:24:10,033 --> 00:24:11,159 But it's my co-founder. 392 00:24:13,662 --> 00:24:15,455 It will be difficult for them not to listen. 393 00:24:15,539 --> 00:24:18,584 Co-founder of a multi-billion dollar company 394 00:24:23,380 --> 00:24:25,215 I heard 100 395 00:24:25,299 --> 00:24:27,050 Goldman makes trillions 396 00:24:27,134 --> 00:24:29,344 Listen to me, buy the instrument now. 397 00:24:29,428 --> 00:24:32,014 - Instrument technician, I'm going to buy an apartment. - I will pay off my education debt. 398 00:24:32,097 --> 00:24:34,308 I'll turn it into cash and quit this place. 399 00:24:34,391 --> 00:24:35,267 No, I'm telling the truth. 400 00:24:35,350 --> 00:24:38,312 Look, it reduces capital gains taxes when you sell shares. 401 00:24:38,395 --> 00:24:40,731 But I don't have money. How can I buy instruments? 402 00:24:41,481 --> 00:24:43,233 I borrowed money from my grandparents. 403 00:24:43,734 --> 00:24:44,985 - Wow. - Yes. 404 00:24:45,068 --> 00:24:48,488 Listen this way, listen this way. My lovely Weavers. 405 00:24:48,572 --> 00:24:49,865 My tribe, my family 406 00:24:50,449 --> 00:24:53,785 You guys can go home today. You don't have to come tomorrow. 407 00:24:53,869 --> 00:24:57,539 Oops! 408 00:24:57,623 --> 00:24:58,624 fall in love with someone 409 00:24:58,707 --> 00:25:00,792 Whatever you do, whatever. But you can go back. 410 00:25:00,876 --> 00:25:02,419 Go, go, okay. 411 00:25:03,003 --> 00:25:04,546 - Thank you. You can go. - Did he really say that? 412 00:25:04,630 --> 00:25:05,923 He wasn't joking. 413 00:25:09,676 --> 00:25:11,094 I feel like this is a test. 414 00:25:14,890 --> 00:25:15,891 You can take that. 415 00:25:36,662 --> 00:25:37,829 Where have they all gone? 416 00:25:39,748 --> 00:25:42,751 We gave them two days off. 417 00:25:42,835 --> 00:25:44,920 Plus, we now have everyone we need. 418 00:25:45,003 --> 00:25:46,797 No distractions no noise 419 00:25:46,880 --> 00:25:48,131 It's just us. 420 00:25:57,558 --> 00:26:01,395 I had B print the S-One document. of the top IPOs In the past ten years 421 00:26:01,478 --> 00:26:02,938 I'll read it. 422 00:26:04,857 --> 00:26:06,942 I don't think it has anything to teach us. 423 00:26:07,025 --> 00:26:08,485 I'll be in my office. 424 00:26:09,528 --> 00:26:11,905 Should I do a little yoga first? 425 00:26:12,781 --> 00:26:15,701 Maybe stretch your legs a bit. 426 00:26:27,337 --> 00:26:28,547 Mai latte? 427 00:26:31,633 --> 00:26:33,093 That's cappuccino 428 00:26:34,219 --> 00:26:35,429 Hmm, I'm sure this is a latte. 429 00:26:36,054 --> 00:26:38,098 It's cappuccino 430 00:26:41,435 --> 00:26:43,187 Hmm, my assistants call it a latte. 431 00:26:43,270 --> 00:26:46,481 Because you call it a latte. And no one wants to tell you that you made the wrong call. 432 00:27:12,007 --> 00:27:13,675 Tell me what you want me to do. 433 00:27:13,759 --> 00:27:16,345 Because of thousands of apologies Times it didn't work. 434 00:27:18,222 --> 00:27:19,765 How can we overcome it? 435 00:27:24,353 --> 00:27:26,396 We can't, it will last forever. 436 00:27:29,066 --> 00:27:30,192 Is that all? 437 00:27:31,443 --> 00:27:34,112 - This is it. - Do you really think you created it alone? 438 00:27:34,196 --> 00:27:35,322 Really asking 439 00:27:35,906 --> 00:27:38,283 You made me a theater You found me a job. 440 00:27:38,367 --> 00:27:40,244 You built a school for me… 441 00:27:41,954 --> 00:27:43,789 And what did you take? 442 00:27:46,124 --> 00:27:47,918 You took my father's money. 443 00:27:48,001 --> 00:27:51,380 You took away everything I believed in. 444 00:27:51,463 --> 00:27:54,675 And make it garnished with coriander. Cover up your shit. 445 00:27:54,758 --> 00:27:57,469 You even took my word for it. 446 00:27:57,553 --> 00:27:59,304 "Raising the World's Consciousness" 447 00:27:59,388 --> 00:28:01,223 Who thought of it, you? 448 00:28:02,599 --> 00:28:05,936 You can't make a fuss without me. 449 00:28:13,735 --> 00:28:14,820 Your right 450 00:28:14,903 --> 00:28:16,488 it's your words 451 00:28:17,447 --> 00:28:18,991 But do you really mean it? 452 00:28:21,869 --> 00:28:23,954 How can you raise the world's consciousness? 453 00:28:24,037 --> 00:28:25,956 If you are not willing to forgive others 454 00:28:35,299 --> 00:28:36,800 Here's your cappuccino. 455 00:29:01,074 --> 00:29:01,909 - Hello. - Hello, welcome. 456 00:29:01,992 --> 00:29:02,826 Thank you 457 00:29:02,910 --> 00:29:04,912 - Glad you were able to come. - Oh, thank you. 458 00:29:04,995 --> 00:29:05,996 Ah, thank you. 459 00:29:08,832 --> 00:29:11,418 This is the piece you inquired about. 460 00:29:20,177 --> 00:29:22,262 He challenges us to ask ourselves. 461 00:29:22,888 --> 00:29:24,890 “What is worth our time and attention?” 462 00:29:28,101 --> 00:29:29,102 Yes, very cool. 463 00:29:32,773 --> 00:29:35,150 I felt like he was staring at me. 464 00:29:36,860 --> 00:29:38,111 How much is this piece? 465 00:29:39,571 --> 00:29:41,740 Adam and Rebekah have been our customers for many years. 466 00:29:41,823 --> 00:29:44,034 That's why we'd like to give you a discount. 467 00:29:44,826 --> 00:29:46,203 Cool, thank you. 468 00:29:46,286 --> 00:29:48,121 Yes, this piece is 48 million. 469 00:29:51,792 --> 00:29:53,335 Has this already been reduced? 470 00:29:53,418 --> 00:29:55,462 I heard that soon you will be able to afford it. 471 00:29:55,963 --> 00:29:58,841 Adam talks about the IPO. Congratulations. 472 00:30:05,222 --> 00:30:06,390 And that piece? 473 00:30:09,059 --> 00:30:10,602 Are you interested in that piece? 474 00:30:42,217 --> 00:30:43,260 you are right 475 00:30:48,265 --> 00:30:49,433 It's useless 476 00:30:50,225 --> 00:30:51,226 lifeless 477 00:30:52,311 --> 00:30:53,312 Completely dead 478 00:30:53,395 --> 00:30:56,064 It reminds me Why I Hate Working on Wall Street 479 00:31:00,569 --> 00:31:01,737 What's that? 480 00:31:02,905 --> 00:31:05,949 This is a bland document from lawyers. 481 00:31:06,909 --> 00:31:07,951 Go take a look. 482 00:31:09,578 --> 00:31:10,787 A risk factor? 483 00:31:12,289 --> 00:31:15,876 “One, our rapid growth may not be sustainable 484 00:31:15,959 --> 00:31:18,587 Two, we have a history of losses. 485 00:31:18,670 --> 00:31:21,548 And if we continue to grow at this accelerated rate 486 00:31:21,632 --> 00:31:25,636 We may not be able to make a profit in the near future.” 487 00:31:25,719 --> 00:31:27,262 And number three 488 00:31:27,346 --> 00:31:32,935 Cowards act out of fear. 489 00:31:39,441 --> 00:31:43,862 And we're not cowards. 490 00:31:45,113 --> 00:31:47,157 No, and we act with hope. 491 00:31:47,658 --> 00:31:50,536 from creativity Imagination and… 492 00:31:51,578 --> 00:31:54,248 and from love 493 00:31:56,416 --> 00:32:00,212 ok So how do we express it? 494 00:32:04,299 --> 00:32:07,261 Creativity begins with words, right? 495 00:32:08,262 --> 00:32:09,888 So what are our words? 496 00:32:12,391 --> 00:32:13,392 Come here. 497 00:32:14,560 --> 00:32:16,061 Come quickly, come, come. 498 00:32:29,116 --> 00:32:30,158 words 499 00:32:38,917 --> 00:32:40,252 community 500 00:32:48,135 --> 00:32:49,887 Consciousness 501 00:32:52,431 --> 00:32:53,724 growth 502 00:32:55,684 --> 00:32:57,477 spiritual growth 503 00:32:59,771 --> 00:33:01,940 intention 504 00:33:02,649 --> 00:33:04,234 - Positive thinking - Meaning 505 00:33:04,318 --> 00:33:05,444 hope 506 00:33:07,029 --> 00:33:08,655 - V - V 507 00:33:16,747 --> 00:33:18,832 I'm meaningless without you. 508 00:33:30,677 --> 00:33:31,678 ADAM This is Bruce. 509 00:33:31,762 --> 00:33:35,891 What nonsense is this? I heard that So you and Rebekah rewrote S-1? 510 00:33:36,475 --> 00:33:39,061 It is a document that uses very technical terms and… 511 00:33:39,144 --> 00:33:41,647 You know what? I'd better stop by and look. 512 00:33:54,284 --> 00:33:55,369 Hello 513 00:33:59,873 --> 00:34:01,583 How many pages have we written? 514 00:34:02,251 --> 00:34:04,127 We can write... 515 00:34:04,211 --> 00:34:06,588 - Nine words - Nine words? 516 00:34:06,672 --> 00:34:07,840 Just nine words. 517 00:34:08,924 --> 00:34:10,342 impossible 518 00:34:13,428 --> 00:34:16,389 Okay, okay, okay. 519 00:34:17,516 --> 00:34:18,600 We have our say. 520 00:34:18,684 --> 00:34:21,562 And now we want… We need numbers 521 00:34:22,312 --> 00:34:25,065 Fortunately, it's a number that Wall Street is interested in. 522 00:34:25,148 --> 00:34:26,275 Actually, it's a letter. 523 00:34:26,358 --> 00:34:29,319 E-B-I-T-D-A Ebitda 524 00:34:29,402 --> 00:34:30,612 Ebitda 525 00:34:30,696 --> 00:34:35,242 Profit before interest, taxes Depreciation and amortization 526 00:34:35,324 --> 00:34:38,161 Ebitda is the standard method. used to evaluate the company's performance 527 00:34:38,245 --> 00:34:40,246 and compare with other companies 528 00:34:40,330 --> 00:34:43,876 its power It lies in the fact that everyone uses this method. 529 00:34:43,958 --> 00:34:45,085 (Approved) 530 00:34:45,168 --> 00:34:48,797 And because everyone uses So it helps you compare. One financial situation but different environments 531 00:34:51,632 --> 00:34:54,636 - What a head, Ebitdasi. - Why? 532 00:34:54,719 --> 00:34:56,263 We've wasted too much money. 533 00:34:56,346 --> 00:34:58,807 We can make a profit tomorrow if we want. 534 00:34:58,891 --> 00:35:01,143 But we spend money on growth. 535 00:35:01,852 --> 00:35:02,936 So what? 536 00:35:03,687 --> 00:35:05,814 It's just letters. We can use another one instead. 537 00:35:05,898 --> 00:35:06,899 Change it up again 538 00:35:07,566 --> 00:35:09,776 We cannot let others define us in the traditional way. 539 00:35:09,860 --> 00:35:12,654 If their letters don't match We came up with a new one. 540 00:35:15,824 --> 00:35:17,201 What did you say? 541 00:35:17,284 --> 00:35:18,410 We will use the new one. 542 00:35:18,994 --> 00:35:21,955 - Where is S-One? - Here it is. 543 00:35:26,001 --> 00:35:28,587 We will use the S-1 that the lawyer gave us as a basis. 544 00:35:28,670 --> 00:35:33,133 Then we will deduct the rent. and the cost of renting out 545 00:35:33,217 --> 00:35:35,594 Employee expenses and design costs 546 00:35:35,677 --> 00:35:38,263 Marketing and management expenses 547 00:35:38,347 --> 00:35:39,765 Then we will show you the profit. 548 00:35:39,848 --> 00:35:42,684 We'll call it Ebitda adapted to the community 549 00:35:42,768 --> 00:35:46,355 And let them see... Let them see the true value of our community. 550 00:35:46,438 --> 00:35:49,066 Okay, okay, can you repeat that? 551 00:35:53,487 --> 00:35:54,571 Okay, that's it. 552 00:35:56,323 --> 00:35:57,491 Go to the right a little. 553 00:35:57,574 --> 00:36:00,160 Right, right, cool, great job everyone. 554 00:36:00,244 --> 00:36:02,079 That's wonderful. Now, let's take a picture. 555 00:36:02,162 --> 00:36:04,039 You guys can go on camera too, yes. 556 00:36:04,122 --> 00:36:06,375 (Let's hit it smoothly) 557 00:36:06,458 --> 00:36:09,127 Hey, my half-brother. 558 00:36:11,380 --> 00:36:13,715 I don't buy Liechtenstein's work. 559 00:36:13,799 --> 00:36:16,677 But I got an even better piece of work than that. 560 00:36:21,223 --> 00:36:22,391 And then 561 00:36:23,392 --> 00:36:25,185 If you want help with S-One, 562 00:36:26,228 --> 00:36:27,521 I'm here. 563 00:36:27,604 --> 00:36:29,898 Yo! This is it. 564 00:36:30,732 --> 00:36:33,610 This is our home tonight. 565 00:36:34,152 --> 00:36:37,197 - Come and have a look. Hurry up. - Do I have to take off my shoes? 566 00:36:37,281 --> 00:36:39,324 No need to take it off, what the hell are you doing? 567 00:36:39,408 --> 00:36:41,243 I thought we were just here to get Adam's letter. 568 00:36:41,326 --> 00:36:44,454 Come here, I want you to take a look. Actually, I think it's better to take it. 569 00:36:44,538 --> 00:36:45,622 - Put it down. - Hold it. 570 00:36:45,706 --> 00:36:47,165 - Place quickly - I'll just drop it. 571 00:36:47,875 --> 00:36:48,876 How do you feel? 572 00:36:50,419 --> 00:36:52,254 - That's good. - It's excellent. 573 00:36:52,337 --> 00:36:53,589 Come quickly, let's have a drink. 574 00:36:54,089 --> 00:36:56,049 I don't know. I'm worried. What if they come back? 575 00:36:56,133 --> 00:36:58,760 - I'm not sure either. - Stop worrying. 576 00:36:58,844 --> 00:36:59,845 Adam doesn't care. 577 00:36:59,928 --> 00:37:04,099 Plus the kids and babysitters are up. The helicopter has gone to the Hamptons. 578 00:37:04,183 --> 00:37:05,184 We don't mind. 579 00:37:05,267 --> 00:37:06,310 Helicopter? 580 00:37:06,393 --> 00:37:08,145 - Yes, what else is there? - Wow. 581 00:37:08,228 --> 00:37:09,563 Look, what's there? 582 00:37:10,480 --> 00:37:12,065 Vegan snacks, yuck. 583 00:37:12,149 --> 00:37:15,777 Oh, my dad used to put signs on bottles. He would know immediately if my sister or I secretly took it to drink. 584 00:37:15,861 --> 00:37:16,862 We're not teenagers anymore. 585 00:37:16,945 --> 00:37:19,072 You are an adult who is about to become a millionaire. 586 00:37:19,156 --> 00:37:20,824 -Then act yourself. - Yes, Mikey. 587 00:37:20,908 --> 00:37:24,703 By the way, I found a check for $84,000. In Adam's pants at the dry cleaners. 588 00:37:24,786 --> 00:37:27,831 I can feel that He is not the one who measures the amount of alcohol in a bottle. 589 00:37:28,540 --> 00:37:29,833 Okay, take one glass. 590 00:37:30,751 --> 00:37:31,960 What should we drink it with? 591 00:37:33,795 --> 00:37:34,838 What about this IPO? 592 00:37:34,922 --> 00:37:36,840 - IPO is exactly right. - That's it. 593 00:37:36,924 --> 00:37:38,050 - drink - drink 594 00:37:38,133 --> 00:37:39,843 - drink - Drink cool. 595 00:37:44,264 --> 00:37:45,265 - Wow. - Wow. 596 00:37:45,349 --> 00:37:46,767 Okay, that's it. 597 00:37:46,850 --> 00:37:50,938 Chloe, what will you spend your first million on? 598 00:37:51,021 --> 00:37:52,856 And don't tell me 599 00:37:52,940 --> 00:37:55,484 Whether it's to pay off student debt or some of that nonsense. 600 00:37:55,567 --> 00:37:57,236 You know I don't want anything 601 00:37:57,319 --> 00:37:58,737 Yes, no one wants anything. 602 00:37:58,820 --> 00:38:00,239 But Chloe... 603 00:38:00,948 --> 00:38:02,241 Chloe… 604 00:38:02,324 --> 00:38:04,910 - Please, that's enough. - What do you want, Chloe? 605 00:38:04,993 --> 00:38:06,078 What do you want? 606 00:38:06,161 --> 00:38:08,330 - You scared me… - Look deep into my soul. 607 00:38:08,413 --> 00:38:10,749 If you want good things You must have determination. 608 00:38:11,625 --> 00:38:12,793 What's the intention? 609 00:38:12,876 --> 00:38:15,629 And success and happiness will follow. 610 00:38:15,712 --> 00:38:18,841 Chloe Don't you want to raise the world's consciousness, Chloe? 611 00:38:18,924 --> 00:38:21,426 - Level it up, Chloe. Think about "V." - No. 612 00:38:21,510 --> 00:38:23,011 - Cole-V - Cole-V 613 00:38:23,095 --> 00:38:25,013 It's Col-V. 614 00:38:27,182 --> 00:38:28,517 Whoa wow 615 00:38:29,226 --> 00:38:32,437 Hey, don't avoid answering questions. 616 00:38:33,522 --> 00:38:35,023 What are you going to buy? I want to know. 617 00:38:41,822 --> 00:38:43,365 Did you ever think you would become Adam? 618 00:38:43,448 --> 00:38:44,783 - Don't say that. - Really. 619 00:38:44,867 --> 00:38:46,618 So you said I would become Adam? 620 00:38:46,702 --> 00:38:47,744 I don't think so. 621 00:38:56,545 --> 00:38:57,546 - Do you add salt? - Yes. 622 00:38:57,629 --> 00:38:58,463 Drink now. 623 00:38:58,547 --> 00:39:00,674 - Yes, that's right. - Wait, one, two, three, down. 624 00:39:07,181 --> 00:39:09,474 - Do you want to make out? - No. 625 00:39:09,558 --> 00:39:12,186 - Just a little bit, don't you want it? - No. 626 00:39:12,895 --> 00:39:14,271 We just fell into a rice bin. 627 00:39:16,106 --> 00:39:17,774 (Hermes Birkin 30 USD 22,999.00) 628 00:39:17,858 --> 00:39:21,361 Buy now Buy now Buy now 629 00:39:21,445 --> 00:39:25,073 Buy now Buy now Buy now 630 00:39:25,157 --> 00:39:27,451 Go ahead, you can split the payments into installments. 631 00:39:27,534 --> 00:39:29,995 The price was more than the money I made last year. After deducting taxes 632 00:39:30,078 --> 00:39:31,997 Yes, but last year we didn't sell any IPO shares. 633 00:39:32,080 --> 00:39:34,875 Hey guys, look, this place is huge. 634 00:39:34,958 --> 00:39:37,377 They added an entire floor to the space. Since the last time I came here 635 00:39:37,461 --> 00:39:40,797 Oh, and a house in San Francisco. There is also a room shaped like a guitar. 636 00:39:40,881 --> 00:39:42,633 Bet they had group sex there. 637 00:39:42,716 --> 00:39:44,635 No, they don't have sex. 638 00:39:44,718 --> 00:39:47,721 They just float. Then their souls joined together. 639 00:39:50,057 --> 00:39:51,099 Have you bought it yet? 640 00:39:51,767 --> 00:39:53,519 Still, I just stared. 641 00:39:58,482 --> 00:39:59,816 Adam called. 642 00:39:59,900 --> 00:40:01,527 - Why did he FaceTime me? - What do you say? 643 00:40:01,610 --> 00:40:03,028 - Why did he FaceTime me? - No, Mikey. 644 00:40:03,111 --> 00:40:04,112 Don't accept it. 645 00:40:04,196 --> 00:40:06,156 - He doesn't know we're here. - Damn it. 646 00:40:06,240 --> 00:40:07,241 I have to accept 647 00:40:07,324 --> 00:40:08,700 - Smashed the phone. - You don't have to accept it. 648 00:40:08,784 --> 00:40:11,161 - I have to take it. - No matter what, don't accept it. 649 00:40:11,745 --> 00:40:12,871 Damn it, turn off the music. 650 00:40:12,955 --> 00:40:13,997 Hey Adam, what's up? 651 00:40:14,081 --> 00:40:15,832 The printer is not working. 652 00:40:15,916 --> 00:40:19,294 OK, you try resetting it. Remember what I showed you last time? 653 00:40:19,378 --> 00:40:20,212 See you later. 654 00:40:20,921 --> 00:40:23,090 What do you mean "see you later"? 655 00:40:24,508 --> 00:40:26,885 - Collect items and move quickly. - Damn it, are you kidding me? 656 00:40:27,386 --> 00:40:29,096 Buy a bag too. 657 00:40:29,179 --> 00:40:30,514 - Oh, okay. - See you. 658 00:40:30,597 --> 00:40:32,975 - I love you guys. see you tomorrow - No, this is… 659 00:40:33,058 --> 00:40:35,686 - No, no, oh my gosh, fuck me. - I love you. 660 00:40:41,525 --> 00:40:43,235 hey 661 00:40:43,318 --> 00:40:45,404 Someone must have walked on the surge protector. 662 00:40:45,487 --> 00:40:47,281 Mikey, you are a genius. 663 00:40:48,448 --> 00:40:49,700 You are a good person. 664 00:40:50,450 --> 00:40:53,245 You've been with us since the beginning. 665 00:40:53,328 --> 00:40:55,330 - Yes. - From the beginning 666 00:40:55,414 --> 00:40:57,165 How long has it been? Ten years? 667 00:40:57,249 --> 00:40:59,042 - Yes. - That's right. 668 00:41:06,925 --> 00:41:07,926 Mike 669 00:41:08,510 --> 00:41:10,804 Mikey Mikey Mikey 670 00:41:12,055 --> 00:41:13,599 Did you go have a drink? 671 00:41:16,059 --> 00:41:17,728 I went to drink with a friend. 672 00:41:19,771 --> 00:41:22,149 Drinking with friends? 673 00:41:24,985 --> 00:41:26,361 I know this scent well. 674 00:41:27,404 --> 00:41:28,405 Tequila 675 00:41:29,781 --> 00:41:30,782 Tequila 676 00:41:32,117 --> 00:41:34,077 - Am I right? Or am I right? - Yes, you're right. 677 00:41:35,954 --> 00:41:36,997 You like tequila? 678 00:41:37,789 --> 00:41:38,790 - So? - Yes. 679 00:41:38,874 --> 00:41:41,543 I don't blame you. 680 00:41:43,462 --> 00:41:45,255 You have to try good things. 681 00:41:46,215 --> 00:41:48,175 Come with me, come, come. 682 00:41:48,675 --> 00:41:49,968 Come with me quickly, Mikey. 683 00:41:51,678 --> 00:41:53,805 I'd probably go drink with you too, but 684 00:41:55,140 --> 00:41:56,767 I'm in the process of giving up. 685 00:41:56,850 --> 00:41:58,143 Cut back, that's cool. 686 00:41:58,977 --> 00:42:00,103 Well... 687 00:42:01,188 --> 00:42:02,648 You're 21, right? 688 00:42:03,232 --> 00:42:06,026 - Almost 26 already. - So, okay, your face is still young. 689 00:42:11,823 --> 00:42:14,326 Taste slowly. Taste slowly. 690 00:42:14,409 --> 00:42:15,619 - Here. - I'm sorry. 691 00:42:15,702 --> 00:42:17,538 - Take another glass. - I'm used to it. 692 00:42:20,165 --> 00:42:21,208 All right. 693 00:42:21,291 --> 00:42:23,752 Sip it slowly. 694 00:42:23,836 --> 00:42:25,003 Taste slowly 695 00:42:26,588 --> 00:42:27,756 Tell me how it tastes. 696 00:42:32,135 --> 00:42:33,512 There is a smell of… 697 00:42:35,514 --> 00:42:36,723 Is it charcoal? 698 00:42:37,224 --> 00:42:38,517 Mike 699 00:42:39,393 --> 00:42:40,769 It tastes like money. 700 00:42:46,024 --> 00:42:47,276 How many stocks do you have now? 701 00:42:48,068 --> 00:42:49,903 Almost 80,000 shares. 702 00:42:49,987 --> 00:42:51,154 80,000? 703 00:42:51,238 --> 00:42:54,283 Oh Mikey, when we open for sale of IPO shares 704 00:42:55,367 --> 00:42:58,203 Your shares will be worth at least 30 million. 705 00:43:00,289 --> 00:43:02,916 It's time to start getting used to it. With the good things in life, Mikey 706 00:43:03,000 --> 00:43:04,126 this is yours 707 00:43:04,209 --> 00:43:06,795 Go ahead, drink and enjoy, it's yours. 708 00:43:07,379 --> 00:43:08,380 It's a memory. 709 00:43:12,050 --> 00:43:13,218 Rivka 710 00:43:13,302 --> 00:43:14,595 Namaste 711 00:43:14,678 --> 00:43:17,598 Mikey has been with us since the beginning, you know that. 712 00:43:17,681 --> 00:43:19,057 It's been ten years, right? 713 00:43:19,141 --> 00:43:20,142 - Um, yes. - ten years 714 00:43:20,225 --> 00:43:22,019 - Really? Oh, that's wonderful. - ten years 715 00:43:22,102 --> 00:43:23,937 Yes, that's right. 716 00:43:24,021 --> 00:43:26,064 We should go back and do it again. 717 00:43:26,148 --> 00:43:27,733 - Definitely. - Do you remember the first night? 718 00:43:27,816 --> 00:43:29,234 That opened our first location. 719 00:43:29,318 --> 00:43:32,112 I remember. How can I forget? I can't forget. 720 00:43:32,196 --> 00:43:36,241 running around Arrange the tables together Trying to connect to the internet 721 00:43:36,742 --> 00:43:38,994 I remember it being very chaotic, but fun. 722 00:43:39,077 --> 00:43:40,454 It's fun, Mikey. It's fun. 723 00:43:40,537 --> 00:43:42,706 - I miss that time. - Me too. 724 00:43:42,789 --> 00:43:47,085 It doesn't feel like work at all. Not like a business 725 00:43:47,836 --> 00:43:54,259 It felt really crazy. Like Red Bull and adrenaline... 726 00:43:55,177 --> 00:43:57,596 Why will you laugh until your stomach hurts? and try to get everything done 727 00:43:58,680 --> 00:44:03,685 It feels like… Be a part of something 728 00:44:04,269 --> 00:44:05,270 Agree 729 00:44:06,772 --> 00:44:07,940 He was right. 730 00:44:11,235 --> 00:44:13,654 WeWork is not a business. But it's a feeling. 731 00:44:14,446 --> 00:44:16,698 We need to make this feeling possible for others. 732 00:44:16,782 --> 00:44:20,327 We can't do that. With tables, graphs and abbreviations 733 00:44:20,410 --> 00:44:22,287 Even the right words can only take us so far. 734 00:44:22,371 --> 00:44:23,705 We must… 735 00:44:24,498 --> 00:44:25,874 We must have a picture. 736 00:44:25,958 --> 00:44:28,001 - pictures - picture 737 00:44:28,085 --> 00:44:29,503 Does S-One normally have something like that? 738 00:44:29,586 --> 00:44:31,588 We have to make people absorb it. 739 00:44:31,672 --> 00:44:35,968 We have to make people feel the feelings. That we all had that first night 740 00:44:36,051 --> 00:44:37,803 Wait, you were there that night? 741 00:44:38,303 --> 00:44:40,013 I don't remember you being there. 742 00:44:40,597 --> 00:44:43,559 - There's me, Jacob... - I'm already there. 743 00:44:43,642 --> 00:44:46,436 - I've been here all along. It… - All the time. 744 00:44:46,520 --> 00:44:47,521 Thank you for coming. 745 00:44:49,064 --> 00:44:51,400 Thank you, Mikey. Thank you. 746 00:44:54,152 --> 00:44:55,362 Okay Mikey 747 00:44:56,029 --> 00:44:57,948 Okay, you didn't drive, did you? 748 00:44:58,615 --> 00:45:00,075 - No, no. - That's good. 749 00:45:02,870 --> 00:45:05,956 - We are still young. - Really good. 750 00:45:06,039 --> 00:45:08,584 Our first summer camp 751 00:45:09,918 --> 00:45:12,546 Look at these cute people. 752 00:45:15,215 --> 00:45:16,758 they love you 753 00:45:16,842 --> 00:45:19,636 - No, they love us, us, us. - I love you too. 754 00:45:19,720 --> 00:45:21,471 - Both of us - No, no. 755 00:45:22,389 --> 00:45:23,390 It's you. 756 00:45:24,600 --> 00:45:25,976 - No. - They love you. 757 00:45:28,312 --> 00:45:29,521 they are angry at me 758 00:45:32,482 --> 00:45:33,942 - They tease me. - No. 759 00:45:34,026 --> 00:45:37,029 - They said bad things behind my back. - No. 760 00:45:37,112 --> 00:45:39,990 They think of school as a self-aggrandizement project. 761 00:45:40,073 --> 00:45:42,409 They think I can't hear, but I can. 762 00:45:42,492 --> 00:45:44,328 Even when you can't hear I can feel it. 763 00:45:45,245 --> 00:45:48,540 Who are these "they"? Who are "they"? 764 00:45:48,624 --> 00:45:50,876 Name them and I'll fire them immediately. 765 00:45:50,959 --> 00:45:51,960 disappear 766 00:45:53,253 --> 00:45:55,214 You can't fire the entire company. 767 00:45:55,297 --> 00:45:57,174 Oh, okay, let's wait and see. 768 00:45:57,257 --> 00:46:00,385 - I'll drag them… - It doesn't matter. It's okay. 769 00:46:03,430 --> 00:46:06,058 I've been through all that. 770 00:46:07,100 --> 00:46:08,727 I finally know… 771 00:46:11,271 --> 00:46:12,481 Who am I? 772 00:46:14,608 --> 00:46:17,861 I'm not a stubborn magician. or creative people 773 00:46:17,945 --> 00:46:20,781 I'm not even the president of branding. 774 00:46:20,864 --> 00:46:22,115 Not at all 775 00:46:24,535 --> 00:46:31,166 I used to think that my work It is to protect the soul of the company. 776 00:46:31,250 --> 00:46:33,627 But it's also not true. 777 00:46:40,300 --> 00:46:43,554 I am the soul of the company. 778 00:46:51,228 --> 00:46:52,938 That's right. 779 00:46:53,021 --> 00:46:54,022 you really are 780 00:46:54,648 --> 00:46:57,568 You are in every molecule of wood, brick, and steel. 781 00:46:57,651 --> 00:46:59,570 in WeWork everywhere around the world 782 00:47:01,280 --> 00:47:02,364 Both of us 783 00:47:02,447 --> 00:47:03,448 Yes 784 00:47:05,367 --> 00:47:09,162 and what we have created It's bigger than the two of us. 785 00:47:18,297 --> 00:47:19,298 Yes 786 00:47:20,799 --> 00:47:21,842 So? 787 00:47:23,760 --> 00:47:25,220 I have work to write. 788 00:47:25,804 --> 00:47:29,516 WeWork is a community company. 789 00:47:29,600 --> 00:47:32,352 that strives to make as much impact on the world as possible 790 00:47:33,437 --> 00:47:37,065 We dedicated this to the power of V. 791 00:47:37,149 --> 00:47:38,901 which is bigger than all of us 792 00:47:38,984 --> 00:47:41,653 But it is within all of us as well. 793 00:47:42,779 --> 00:47:47,618 We believe our company is powerful. To improve the way people work… 794 00:47:49,536 --> 00:47:50,621 Living life... 795 00:47:52,873 --> 00:47:54,249 and growth 796 00:47:58,670 --> 00:48:04,968 "V Group is committed to being a company Free from meat, plastic and carbon." 797 00:48:06,136 --> 00:48:12,226 "Our Mission It only raises the consciousness of the world.” 798 00:48:12,309 --> 00:48:17,981 We invite everyone to cooperate with us. In creating a better world 799 00:48:18,065 --> 00:48:21,860 Because "V" has only just begun. 800 00:48:31,954 --> 00:48:33,956 What the heck was that? 801 00:48:35,707 --> 00:48:37,584 Having said that, he must not understand. 802 00:48:39,419 --> 00:48:42,172 It's our S-One. 803 00:48:43,131 --> 00:48:44,967 But don't worry. Cammy number two 804 00:48:45,050 --> 00:48:47,219 Everything a lawyer needs is there. 805 00:48:47,302 --> 00:48:49,513 - We just cut away the old traditions. - Yes. 806 00:48:49,596 --> 00:48:53,559 These pictures… dammit. 807 00:48:53,642 --> 00:48:55,435 The intro is… 808 00:48:55,519 --> 00:48:58,480 You turned S-One into a children's book. 809 00:48:58,564 --> 00:48:59,940 - Cam - Okay, Bruce. 810 00:49:00,023 --> 00:49:02,442 Have you ever seen the S-1 document? 811 00:49:02,526 --> 00:49:05,195 Actually, Cam, I used to work on Wall Street. 812 00:49:05,279 --> 00:49:07,698 In short, yes, I know what S-One is. 813 00:49:07,781 --> 00:49:08,782 I understand. 814 00:49:09,366 --> 00:49:11,076 I have something to ask you. 815 00:49:11,159 --> 00:49:13,036 Do you know what a nobleman is? 816 00:49:14,121 --> 00:49:15,873 No, so I'll tell you. 817 00:49:16,498 --> 00:49:20,294 When I was in China Open our Shanghai location 818 00:49:20,794 --> 00:49:23,672 Dealing with inspectors and civil servants 819 00:49:23,755 --> 00:49:25,591 And there were additional people to inspect the work and civil servants. 820 00:49:25,674 --> 00:49:28,427 My Chinese friend taught me the word "nobleman". 821 00:49:30,179 --> 00:49:34,850 Nobleman refers to a government official. 822 00:49:35,726 --> 00:49:39,479 In the Chinese imperial system in the 15th century 823 00:49:40,063 --> 00:49:41,481 They think they are very good. 824 00:49:41,565 --> 00:49:45,444 Because they were chosen Passed a rigorous examination process. 825 00:49:45,527 --> 00:49:48,780 The emperor wanted them to think like that. Because when you think like that 826 00:49:48,864 --> 00:49:51,783 They will act with dignity and authority. 827 00:49:51,867 --> 00:49:54,661 and everyone will obey what they say. 828 00:49:54,745 --> 00:50:00,834 But what they say is just stuff. That's all the emperor wanted them to say. 829 00:50:01,585 --> 00:50:06,590 They have no real mission or vision. 830 00:50:09,218 --> 00:50:10,260 or power as well 831 00:50:11,929 --> 00:50:17,559 No matter how arrogant or condescending you are. They are just government officials. 832 00:50:18,143 --> 00:50:19,561 public servant 833 00:50:20,312 --> 00:50:21,522 Mouthpiece 834 00:50:22,940 --> 00:50:24,066 you are a nobleman 835 00:50:26,902 --> 00:50:27,903 As for me... 836 00:50:29,404 --> 00:50:30,822 I am the emperor 837 00:50:35,577 --> 00:50:36,828 File it, Bruce. 838 00:50:39,081 --> 00:50:41,500 You wouldn't support something like this, would you? 839 00:50:42,668 --> 00:50:45,754 He might be right. It might be time to take a new approach. 840 00:50:46,338 --> 00:50:48,090 Are you going to allow this? 841 00:50:48,173 --> 00:50:50,968 We must be laughed at by society. 842 00:50:51,927 --> 00:50:55,097 They will definitely curse us. 843 00:50:57,099 --> 00:50:58,934 Oh, one more thing. 844 00:50:59,017 --> 00:51:00,143 A nobleman 845 00:51:01,019 --> 00:51:02,646 Most of them are cowards. 846 00:51:08,819 --> 00:51:11,530 (V V Company Group) 847 00:51:13,156 --> 00:51:15,075 - My Queen - Yes, my king. 848 00:51:17,202 --> 00:51:18,662 - Thank you. - You can always 849 00:51:20,247 --> 00:51:21,915 She used to work on Wall Street. 850 00:51:22,875 --> 00:51:24,042 Just three weeks 851 00:51:44,855 --> 00:51:46,481 - Woo! Everyone has arrived. - We've arrived. 852 00:51:46,565 --> 00:51:48,108 Hamptons, I'm here. 853 00:51:48,775 --> 00:51:50,444 They're really cool. 854 00:51:50,527 --> 00:51:52,946 - The only way to get to the Hamptons. - Hamptons 855 00:51:58,035 --> 00:51:59,119 (Adam) 856 00:51:59,203 --> 00:52:00,662 (found in 169 pages) 857 00:52:01,330 --> 00:52:02,706 (Rebekah) 858 00:52:02,789 --> 00:52:04,458 (Found on 20 pages) 859 00:52:06,418 --> 00:52:07,794 (Miguel) 860 00:52:07,878 --> 00:52:09,713 (found on six pages) 861 00:52:30,692 --> 00:52:31,902 (Oliver Devone WeWork S-One) 862 00:52:31,985 --> 00:52:33,695 (See VWork's S-One document that I just received) 863 00:52:35,906 --> 00:52:38,659 Seriously, I'm asking. How much money will you make from closing this deal? 864 00:52:39,159 --> 00:52:41,537 At worst, it's probably 20 or 30 million. 865 00:52:41,620 --> 00:52:43,747 - 20 or 30 million? Oh my gosh. - Yes. 866 00:52:43,830 --> 00:52:45,874 If it goes the way the city expects 867 00:52:45,958 --> 00:52:47,042 Maybe up to 50 868 00:52:47,125 --> 00:52:50,629 - Ah, amazing 50 million, wow! - Is that right? 869 00:53:02,975 --> 00:53:04,643 (add new post V… what?) 870 00:53:06,979 --> 00:53:08,480 Hey guys, come read this. 871 00:53:08,564 --> 00:53:11,066 Galloway just crushed Wework on his blog. 872 00:53:11,692 --> 00:53:13,068 Have you read their S-One yet? 873 00:53:16,029 --> 00:53:17,906 (The Wall Street Journal) 874 00:53:54,234 --> 00:53:56,486 (Buy now) 875 00:55:00,342 --> 00:55:02,344 Narration by Chalanthorn Ruangpakdee