- We spoke with sources who worked closely with the ousted WeWork CEO, Adam Neumann, and many told us about his habit of walking around barefoot. Drinking tequila and yelling were also common, they said.
- Scrutiny of Neumann and his leadership has intensified in the past few weeks after The We Company filed paperwork for an initial public offering. He stepped down as CEO on Tuesday.
- Business Insider talked to 20 people in an investigation into what it was like working under Neumann’s leadership as he grew We into one of the world’s most valuable startups.
- Read the full story: Sex, tequila, and a tiger: Employees inside Adam Neumann’s WeWork talk about the nonstop party to attain a $US100 billion dream and the messy reality that tanked it
- Read more WeWork news here.
Ask anyone who has worked closely with the ousted WeWork CEO, Adam Neumann, and you are likely to hear stories about him walking around barefoot.
He walks barefoot in the office, people close to him tell us. He walks barefoot around the Hamptons, where he owns a home, people who have seen him there tell us. And he also walks barefoot around the streets of New York, according to a photo of him posted on Reddit.
The photo was posted a day after Neumann resigned as CEO. And though the person who posted it said it was taken right before that news broke, we were unable to determine when it was taken. A person close to him told us Neumann was wearing different clothing on the day he stepped down.
When Business Insider talked to dozens of former employees about what it was like to work at WeWork under Neumann’s tenure, we heard three types of stories repeatedly: seeing him barefoot, his love for an expensive brand of tequila, and his outbursts.
Neumann was seen as the fiery, inspirational visionary, current and former employees told us. Multiple employees who worked closely with him, some from the early days, said his ability to motivate employees and “pitch the living hell out of the company” was his superpower.
They described him as quick to celebrate with shots of his beloved $US140-a-bottle Don Julio 1942 tequila. But he could grow “furious” if shot glasses weren’t handily available, one former employee us.
Another former employee remembered two demands every time Neumann visited a WeWork location: cases of Don Julio 1942 – “if you don’t have that, he will lose his s—” – and music blasting at party volumes. “Our paying customers would be complaining about how loud the music was, but if we turned it down, we’d get screamed and yelled at by Adam and his team.”
This person also remembers: “He would run around the office barefoot. He would jump on his desk, or jump on the conference table barefoot and yell at people.”
Not all of that yelling was negative. Some of it was exuberance.
A third former employee described working with Adam like this: “A lot of WeWork feels like a never-ending party. It’s always up or down, and Adam’s screaming both ways, happy or not.”
This has been a tumultuous few weeks for Neumann since the company filed and released paperwork for its initial public offering. Intense public scrutiny ensued over the company’s business model and governance. And last week, WeWork announced thatNeumann had given up most of his voting power and resigned as CEO, staying on as nonexecutive chairman.
Neumann said the focus on him had become “a distraction” for the company. A statement given to Business Insider by a representative of Neumann in response to our investigation into WeWork’s culture and leadership said that “while there may have been some growing pains, the results speak for themselves: a nurturing work environment that is inspiring, respectful, and attuned to bringing out the best in people.”
- Read: Sex, tequila, and a tiger: Employees inside Adam Neumann’s WeWork talk about the nonstop party to attain a $US100 billion dream and the messy reality that tanked it
- Adam Neumann gives his first statement on WeWork’s culture and leadership changes since stepping down as CEO and admits ‘growing pains’
- At least five longtime members of Adam Neumann’s inner circle are out, but cofounder Miguel McKelvey will remain as WeWork revamps itself
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