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I object to the word "steal" being used to describe Adam Neumann's actions. He did not take anything by force or deception (as far as I know). If I take a pie

I object to the word "steal" being used to describe Adam Neumann's actions. He did not take anything by force or deception (as far as I know). If I take a piece of dog shit, spray paint it gold and sell it as a bar of gold, you could argue that is "stealing" (or at least fraud). If I say "this is a piece of dog shit that I spray painted gold but I am selling it for the price of gold" and an adult of otherwise sound mind accepts the deal, that is not stealing. What Neumann did is more like the latter scenario.

ph0rque 7y ago
Ah, but nowhere in the description of the product being sold did you discuss unlocking superpowers and elevating global consciousness. That's the deception alluded to in the OP, as far as I can tell.
basch 7y ago
That's slightly underselling where he was going. Ive said before, there is some genius to his strategic acquisitions. It was looking like he was building an "Office 365 / Adobe Creative Cloud of Building Management Systems." But, they are giving up, and venture capital is reducing the company to the value of its parts, not its potential, before that Building Management Suite gets assembled. There is a future where their software stack becomes the de facto standard for all building management, the Outlook/Excel of owning property. WeWork could pivot from a real estate company to a property ownership enablement company. Thats not so much spray painted shit as "im using free cash flow from real estate to build this grand well defined vision, (with a coat of hippie mysticism paint) do you want to come along for the ride, for better or worse?" Because he is an executive, talking to executives, his pitch always came off as vague. But the actions of the company, and the parts they were assembling, paint a much more strategically sound and intelligent portrait.
ninv 7y ago
What Neumann did was unethical. He stole from We Work employees.
- travisoneill1 7y ago
  How?

ph0rque 7y ago

Ah, but nowhere in the description of the product being sold did you discuss unlocking superpowers and elevating global consciousness. That's the deception alluded to in the OP, as far as I can tell.

basch 7y ago

That's slightly underselling where he was going. Ive said before, there is some genius to his strategic acquisitions. It was looking like he was building an "Office 365 / Adobe Creative Cloud of Building Management Systems." But, they are giving up, and venture capital is reducing the company to the value of its parts, not its potential, before that Building Management Suite gets assembled. There is a future where their software stack becomes the de facto standard for all building management, the Outlook/Excel of owning property. WeWork could pivot from a real estate company to a property ownership enablement company. Thats not so much spray painted shit as "im using free cash flow from real estate to build this grand well defined vision, (with a coat of hippie mysticism paint) do you want to come along for the ride, for better or worse?" Because he is an executive, talking to executives, his pitch always came off as vague. But the actions of the company, and the parts they were assembling, paint a much more strategically sound and intelligent portrait.

ninv 7y ago

What Neumann did was unethical. He stole from We Work employees.

travisoneill1 7y ago
How?