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Billion Dollar Loser

The Sunday Times Business Book of the Year

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Billion Dollar Loser

By: Reeves Wiedeman
Narrated by: Will Collyer
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About this listen

The inside story of the rise and fall of WeWork, showing how the excesses of its founder shaped a corporate culture unlike any other.

Christened a potential saviour of Silicon Valley's start-up culture, Adam Neumann was set to take WeWork, his office-share company disrupting the commercial real estate market, public, cash out on the company's $47 billion valuation, and break the string of major start-ups unable to deliver to shareholders. But as employees knew, and investors soon found out, WeWork's capital was built on promises that the company was more than a real estate purveyor, that in fact it was a transformational technology company.

Veteran journalist Reeves Weideman dives deep into WeWork and its CEO's astronomical rise, from the marijuana and tequila-filled boardrooms to cult-like company summer camps and consciousness-raising with Anthony Kiedis. Billion Dollar Loser is a character-driven business narrative that captures, through the fascinating psyche of a billionaire founder and his wife and co-founder, the slippery state of global capitalism.

©2020 Reeves Wiedeman (P)2020 Hachette Audio
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Very interesting and crazy story about WeWork. This book has great insights into the madness.

Would recommend

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An incredible story of hubris and emotional decision making trumping the fundamentals until gravity took over.

Broken VC

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This story about the greed and gullibility of people involved with the WeWork debacle is a fascinating account of what happened and what went wrong. Most interesting is how the destructive power of unchecked egos wrought havoc to an industry and peoples lives. The guru like CEO seems part charlatan, part sales genius and profoundly delusional. What makes the whole thing such compelling reading is the way in which investors, the public and WeWork employees bought into the lunacy. The author does not preach or point out the obvious, he merely narrates his exploration and lets the reader form their own interpretations, heartily recommmend.

Compelling insight into greed and gullibility

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until the end i hated the author. then everything changed. a good storry anout the startup life

Could have been so good

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it's a good book, but not as compelling as Steve Jobs biography.

Very interesting how these company get those huge valuations without ever turning a profit and how some founders think of themselves as gods

good book

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