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Published · transcript-backed

David Rosenthal: evaluation

25 Oct 2019 Acquired The WeWork “Acquisition” (with Dan Primack)

“The landlord says, “Man, this is becoming a big part of my business.” It’s unclear to me if he offered to buy or they offered to sell them, but the landlord buys Greendesk from Adam and Miguel for $3 million, which is pretty great.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
evaluation
Recorded
25 Oct 2019
Publisher
Acquired

Transcript context

…Did something bad happened to Greendesk? No. Something great happens to Greendesk, which is two years later. The landlord says, “Man, this is becoming a big part of my business.” It’s unclear to me if he offered to buy or they offered to sell them, but the landlord buys Greendesk from Adam and Miguel for $3 million, which is pretty great. This is 2010. Ben; They raised no investment? They, I believe raised no investment. Now, they had a third partner who was a guy I believe named Gil, who Miguel had worked with at the architecture firm. I believe Gil, at this point, just takes the money and moves back to Israel. He was Israeli. But Adam and Miguel make a pretty bold decision. This is 2010. Remember, they just made probably at least $1 million each. They could be living large in New York at this point in time. In Dumbo at least.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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