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Jared Leto stars as WeWork founder Adam Neumann alongside Anne Hathaway in new trailer for WeCrashed - Daily Mail
Jan 19, 2022 2 mins, 37 secs

Jared Leto and Anne Hathaway star as Adam and Rebekah Neumann in the dramatic new trailer for WeCrashed which focuses on the incredible rise and fall of their shared workspace startup WeWork.

Trouble: Jared Leto and Anne Hathaway star as Adam and Rebekah Neumann in the dramatic new trailer for WeCrashed which focuses on the incredible rise and fall of their shared workspace startup WeWork.

'WeWork's role is to elevate the world's consciousness,' Rebekah Neumann told a packed crowd at a festival before Adam reiterated: 'WeWork isn't just a company, it's a movement.'.

'It's animal manifested,' Rebekah said.

'WeWork's role is to elevate the world's consciousness,' Rebekah Neumann told a packed crowd at a festival before Adam reiterated: 'WeWork isn't just a company, it's a movement'.

At the time, Adam Neumann was put on a par with the likes of Steve Jobs as a Silicon Valley innovator who would change the world, but WeWork's planned flotation on the stock market stalled and investors soured on the company, causing its value to plummet to just $10billion .

At the time, Adam Neumann was put on a par with the likes of Steve Jobs as a Silicon Valley innovator who would change the world, but WeWork's planned flotation on the stock market stalled and investors soured on the company, causing its value to plummet to just $10billion.

'It's magic, you're magic,' Adam said before throwing his head back into a guttural scream.

Done deal: Neumann agreed to leave the company in October 2019 after its Japanese investors SoftBank bought $1billion of stock from him to get him out.

In his book, Billion Dollar Loser: The Epic Rise and Fall of WeWork, Reeves Wiedeman described how ex-employees claimed that Neumann would blast music at party volumes and scream at anyone who asked for it to be turned down.

Neumann agreed to leave the company in October 2019 after its Japanese investors SoftBank bought $1billion of stock from him to get him out.

2010: Israeli-born Adam Neumann and American-born Miguel McKelvey found WeWork with its first co-working location in Manhattan's SoHo neighborhood.

2017: SoftBank makes its first investment in WeWork, in a massive $4.4billion funding round that valued the company at $20billion. .

September 13, 2019: WeWork announces changes to the company's governance, including the ability for the board of directors to pick any new CEO despite Neumann's majority voting rights

September 17, 2019: The We Company, the parent company of WeWork, decided to postpone their IPO until the end of 2019

September 24: 2019:  Facing backlash over the aborted IPO, WeWork announces Neumann will step down as CEO

October 14, 2019: Reports emerge that WeWork warned clients that approximately 1,600 office phone booths at some of its North American offices are tainted with cancer-causing formaldehyde

October 22, 2019: WeWork board agrees to take a $9.6billion lifeline from SoftBank that sees the Japanese firm take effective control of the startup

The tender offer was part of a $9.6billion rescue financing package that SoftBank agreed with WeWork in October and gave it control of the company

Then in April 2021 Neumann and Rebekah sold their 11-acre California estate shaped like a guitar for $22.4 million, 10 months after it was first put on the market with a $27.5 million price tag. 

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