Reeves Wiedeman explains how WeWork founder Adam Neumann aka the "billion dollar loser" lost the company $39 Billion in one year.
WeWork has been called the "$47 billion disaster” founded by Adam Neumann. Reeves Wiedeman, the author of Billion Dollar Loser: The Epic Rise and Fall of WeWork (Adam Neumann) explains what happened to WeWork in 2021.
On one hand, this episode is about the catastrophic story of WeWork and Adam Neumann but perhaps more importantly it’s about Silicon Valley, what Jack Tran calls “History’s Greatest Ponzi Scheme."
This conversation started with Adam Neumann but quickly lead to Elizabeth Holmes, Bad Blood, Theranos, and other Silicon Valley start-up disasters. Oh, and we can’t forget about Billy McFarland, the man responsible for the start-up fraud known as “Fyre Festival."
Welcome to the story of WeWork, Adam Neumann, and the chaotic culture of Silicon Valley’s so-called “unicorn” funding.
Reeves Wiedeman is a Contributing Editor at New York magazine. He has written for The New Yorker, The New York Times Magazine, Rolling Stone, Harper's, Men’s Journal, and other major publications. Billion Dollar Loser, about the rise and fall of WeWork, is his first book.
If you’re interested in this story you can get the book here: https://www.reeveswiedeman.net/
Connect with Takis:
Takis (real name Peter Takis) is a DJ/ producer from Winnipeg, Canada.