My intuition of why things like king + man - woman work is because the points in the vector space model happen to create a well-behaving manifold with smooth meaning changes. It's not very principled, but it does work.
I wrote a series of blog posts with a coworker about doing this with music:
https://tech.iheart.com/mapping-the-world-of-music-using-mac...
https://tech.iheart.com/mapping-the-world-of-music-using-mac...
Instead of mixing nouns and adjectives, we do things like mixing songs and artists and radio stations etc. In the second post we show how Nirvana - Kurt Cobain + Female Vocalist works remarkably well. I've studied empirically why this worked, and the best I could come up with is that the high dimensional space we created had a very dense set of points in the region of popular western music that led to a smooth manifold.