Various tetra-acceptor-substituted alkenes possessing unsymmetrical substituents have been effectively synthesized from vicinal tricarbonyl compounds. The alkenes have polyfunctionality and high electron deficiency. In addition, they easily react with pyrroles to give divergent pyrrolizine derivatives via the conjugate addition of pyrroles followed by intramolecular cyclization. We successfully controlled the chemoselectivity of the intramolecular cyclization (ester/ketone attack) to afford a wide range of valuable pyrrolizine derivatives.