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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
Business Real Estate

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The Emperor of No Clothes

For a guy who wanted to make change all he did was exploit his employees and set up an all male board propped up by vague yoga speak nonsense and his privileged vain wife. I feel for all the young people who fell under his spell as he really was like a pied piper grooming them with permissive drink and drug culture in the workplace.

The self indulgence of both him and his wife is sickening and glad he was publicly shown he was the Emperor with No Clothes.

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The story of Icarus in the startup world

The time just flew by! Well researched and very well narrated. I feel as if more scrutiny had to be aimed at the VCs behind WeWork or at the very least, the decision making processes involved. Adam I'm sure will be back one day.. hopefully more humble than before.

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Thoroughly researched, beautifully narrated

Must read / listen for any aspiring founder and venture investor. Incredibly surprising that despite Neumanns excesses, he's been funded again by one of the world's leading VCs, showing that VCs really don't care character or integrity. An easy listen as the narrative is easy flowing.

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Great narration

Narration makes this is a great listen - goes into a fair bit of detail of the saga

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great insight into this company!

well written, well narrated, great references and an amazing insight into how valuations of private companies can often be completely fabricated.

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