Gurley says Adam Neumann's salesmanship in WeWork Series A was unlike anything he had ever seen.
“I remember where I was when he presented to us. Now keep in mind, Benchmark's never done a real estate transaction in the history of the firm.”
Gurley recalls knowing Benchmark would fund WeWork at Series A despite never doing real estate deals.
“Now keep in mind, Benchmark's never done a real estate transaction in the history of the firm. And we're about thirty minutes into the presentation. This is series a.”