adam neumann – The Musings of the Big Red Car

The We Work Fallout

Big Red Car — Sun, 27 Oct 2019 05:57:15 +0000

We Work was symptomatic of venture capital funded companies that tiptoed to the public markets with no profits to feed the beast. In the case of We Work, the market finally woke up and said, “Hey, you don’t even have a plan to become profitable. Get outta here.” We Work was further punished for the […]

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We Work — What Did We Learn?

Big Red Car — Wed, 02 Oct 2019 17:09:24 +0000

I have been a skeptical voice on We Work since the beginning — meaning since I read their S-1, understood their business model, and learned about Adam Neumann, who I accused of being a toxic force on the company as a leader and a manager. This was long before the guy got fired. Never liked […]

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We Work Obituary

Big Red Car — Sun, 29 Sep 2019 20:51:36 +0000

I suppose it is obligatory to write an obituary for We Work given that we wrote about the company and its Initial Public Offering several times already. On the final turn around the track to price and issue its Initial Public Offering stock to the public, the company “postponed” its IPO. At the same time, […]

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The Cult of Personality and Adam Neumann of We (We Work)

Big Red Car — Tue, 24 Sep 2019 17:40:46 +0000

Since time immemorial, American business has always revered the iconic startup leader whether it was John Davison Rockefeller, Sr — American business icon, considered the wealthiest American of all time, and a generous philanthropist; or, the Steve Jobs, Jeff Bezos, Bill Gates stories. Sam Walton was an iconic, successful businessman. All have a “larger than […]

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