The film will examine Neumann’s relationship with Masayoshi Son, the CEO of the Japanese holding company Softbank, which recently took over the struggling company.
Like many successful entrepreneurs, WeWork founder Adam Neumann failed a few times, identified a real need, built an innovative product and succeeded in creating a real business.
Leaving WeWork “is a happy end, because Adam is happy with his wife and five children."
SoftBank Group agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment.
A WeWork spokeswoman declined to comment. We Company directors did not immediately respond to requests for comment.
“I noticed that in the Kabbalah community, people were really helping each other,” Neumann said. “I wanted to translate that into business.”
Additional investors include New York-based MetaProp Ventures, American-Israeli Ground Up Ventures and California-headquartered 500 Startups.
WeWork, whose parent We Company lost $1.9 billion in 2018, had hoped to raise at least $3 billion in the abandoned IPO and borrow a further $6 billion in a loan from banks.
The company was valued at the beginning of the year at $47 billion, but that figure has fallen to about $15 billion.