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Billion Dollar Loser
Book

Billion Dollar Loser

The Epic Rise and Spectacular Fall of Adam Neumann and WeWork

Little, Brown US, 2020 más...


Editorial Rating

8

Qualities

  • Well Structured
  • Overview
  • Engaging

Recommendation

Journalist Reeves Wiedeman catalogs the epic absurdities of modern start-up culture by tracking the dramatic rise and fall of co-working company, WeWork. WeWork’s eccentric co-founder, Adam Neumann, prioritized hyper-growth. His strategy attracted billions in venture capital, boosting WeWork’s valuation to $47 billion. Wiedeman vividly portrays Neumann as larger-than-life character who served tequila shots at business meetings, sprayed investors with a fire extinguisher and mixed proclamations of mystical spirituality with breathtaking avarice. Over the course of his tale, he shows how even hard-nosed investors can fall under the sway of a charismatic leader with a convincing story.

Take-Aways

  • WeWork was an extreme manifestation of 21st-century start-up culture.
  • WeWork opened its first location in 2010.
  • Co-founder Adam Neumann displayed a gift for fundraising.

About the Author

New York magazine contributing editor Reeves Wiedeman has written for The New Yorker, the New York Times Magazine, Rolling Stone and Harper’s.


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