Evidence receipt / belief
Published · transcript-backedDan Primack: belief
25 Oct 2019 Acquired The WeWork “Acquisition” (with Dan Primack)
“You mean in terms of the lead? I think two things, New York-based, but also think about that.”
Source trail
Everything needed to verify it.
- Speaker
- Dan Primack
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 25 Oct 2019
- Publisher
- Acquired
Transcript context
…How much do you think had to do with the fact that they were New York-based and not San Francisco-based at this point? You mean in terms of the lead? I think two things, New York-based, but also think about that. They are still basically a real estate company. If you are Goldman Sachs, if you’re Jefferies, if you’re JP Morgan, you have giant real estate investments, you have whole teams that are dedicated. Some sort of app or some sort of machine learning something-something, they’ve got to put a lot of faith that the founder knows what they’re doing but this, they felt they knew what they were doing. This is them. This is real estate that’s on their block. That’s actually true. I believe by 2014, WeWork had become the single largest lessor of new available commercial square footage in New York City. Think about all of the real estate investment and property developers in New York. WeWork was the largest so of course, they were attracting attention of these folks.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.