Video-on-demand service Apple TV+ has commissioned a miniseries based mostly on the saga of WeWork, the shared workplace large that just about went bankrupt after changing into a darling of Wall Road, with Jared Leto enjoying the position of its vibrant former boss Adam Neumann.
“WeCrashed: The Rise and Fall of WeWork,” will comply with “the greed-filled rise and inevitable fall of WeWork, one of many world’s most beneficial startups, and the narcissists whose chaotic love made all of it doable,” Apple TV+ mentioned in a press release.
Based in 2010, WeWork was constructed on the mannequin of shared workplace area, combining each flexibility and user-friendliness. A start-up with a dynamic and progressive picture, WeWork rapidly gained over buyers, reaching a theoretical valuation of $47 billion (roughly Rs. 3,42,664 crores) in January 2019.
The group was getting ready its entry on the New York Inventory Alternate with nice fanfare, however inside weeks it suffered a catastrophic downturn and had to cancel. On the entrance traces was Neumann, managing director and co-founder of the corporate, a advertising and gross sales genius but in addition a person additionally susceptible to extra and wild unpredictability.
To save lots of WeWork from chapter, its fundamental shareholder, Japan’s SoftBank, needed to inject a number of billion {dollars} and shunted Adam Neumann aside.
Oscar winner Jared Leto, lengthy accustomed to vibrant roles, will play Neumann alongside Anne Hathaway, additionally an Oscar winner, who performs Neumann’s spouse and WeWork co-founder Rebekah, who has a character as unstable as her husband’s. She, too, needed to depart the group in 2019.
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