Adam Neumann (WeWork)

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description: an Israeli-American billionaire businessman, co-founder of WeWork

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16 results

Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork

by Reeves Wiedeman  · 19 Oct 2020  · 303pp  · 100,516 words

two coworking spaces in New York, raised his hand to ask a question. How did such growth fit with the macroeconomic warning Neumann had just offered? Adam brushed him off. WeWork wasn’t a real estate company like the rest of them, he said; it was a tech-enabled physical social network. He

times larger than any funding round Adam had managed thus far. Masa signed his name, drew another line next to it, and handed Neumann the stylus. Adam had gotten WeWork this far in large part by making shrewd deals—acting coy when it suited him and playing hardball when necessary. But that morning

who was managing the construction of a new location down the block. New York magazine had assigned me to write a feature story about WeWork, in part because Adam Neumann’s empire seemed to be slowly closing in: there were suddenly a dozen WeWorks within a mile of the magazine’s SoHo building

an era—the venture-capital-funded start-up boom of the 2010s. At the time of this writing, that moment has come to a close. Adam Neumann, WeWork, and SoftBank remain mired in a legal dispute over its spoils, and a new era much like the recession that launched WeWork is just beginning

The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion

by Eliot Brown and Maureen Farrell  · 19 Jul 2021  · 460pp  · 130,820 words

within twenty-first-century entrepreneurial and investment culture? In these pages, we attempt to answer these questions. While much was clear in public view—WeWork’s CEO, Adam Neumann, raised too much money, set expectations too high, partied too hard, and, ultimately, flew far too close to the sun—a more complex tale

a years-long funding drought. The fire hose of money almost entirely turned off, and the number of startups shrank. But by the time Adam Neumann started WeWork in 2010, the Bay Area was buzzing again. Wall Street had seen its own rather significant self-inflicted bust in the subprime mortgage crisis, and

aura of a booming Silicon Valley–style startup. Employees at WeWork believed the concept of the workplace was about to be revolutionized, and WeWork was leading the way. Adam Neumann’s lofty rhetoric was turning into reality. He called much of WeWork’s staff—numbering a few dozen—into his office one by

Goldman Sachs offer. WeWork executives exhaled. Neumann’s gamble had paid off. What couldn’t this guy do? CHAPTER 8 Me Over We As WeWork grew, one phrase Adam Neumann liked to employ was “we over me.” He used it to capture the ethos of the “We generation” he described to funders. He

Raquette Lake, a picturesque vacation spot in the Adirondack Mountains. It skidded onto the surface and slowed to a stop, bobbing in the water. Adam Neumann stepped out. WeWork was throwing a summer-camp-themed party 275 miles north of New York City, and all its staff and members were invited. Its staff

more than $2 billion. It was a rather lofty mark—four times that of the company’s annual revenue. Dixon told investors, just as Adam Neumann would for WeWork a generation later, that it should be worth ten times its revenue—closer to dot-com companies. Still, even with his disappointment at the

warned them. He’s very hot on this right now, Schwartz said, but if he turns cold, it could be a problem for WeWork. CHAPTER 18 Crazy Train Adam Neumann was panicked. In a few hours, he was set to leave on a predawn flight for Tokyo to complete the first chunk of

reimagining education. The litany of speeches peppered with world-saving rhetoric and onstage interviews with celebrities and gurus seemed to mirror the Neumanns’ evolving sense of identity. Adam Neumann referred to WeWork almost in the past tense—as a company nearing peak operational performance that could basically run on its own so that he

so forgiving. CHAPTER 33 WeWTF: The S-1 Sh*t Show When WeWork opened up its financials to the world on August 14, 2019, Adam and Rebekah Neumann, WeWork’s communications team, and its senior finance executives breathed a collective sigh of relief. WeWork’s IPO documents were made public on the SEC

WeWork’s IPO prospectus landed, everything changed. Potential investors and even executives at Mubadala and Kazakhstan’s funds started to ask SoftBank pointed questions about Adam Neumann and WeWork’s corporate governance. “Every conversation would immediately digress into WeWork,” said one attendee of the fund-raising meetings. When employees of Kazakhstan’s fund

Neumanns had their own bread of shame—a connection made by several employees who heard them talk about it over the years. After building up WeWork, Adam Neumann had crashed it into a mountain. He had wasted billions in investor dollars and become a poster child of a reckless CEO. Now he was

Silicon Valley Pixie Dust,” Wall Street Journal, Oct. 19, 2017. McKelvey approached Neumann: Reeves Wiedeman, Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork (New York: Little, Brown, 2020), 80. CHAPTER 7: ACTIVATE THE SPACE “activate the space”: Eliot Brown, “WeWork: A $20 Billion Startup Fueled by Silicon

Neumann’s “fluffer”: Cory Weinberg, “Neumann’s Downfall Upends WeWork’s Tight Leadership Circle,” Information, Sept. 25, 2019. “vice chairman—and also head DJ”: Adam Neumann in speech to staff, WeWork Global Summit, Los Angeles, Jan. 8, 2019. pulled out a fire extinguisher: Maureen Farrell and Eliot Brown, “The Money Men Who Enabled

Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. CHAPTER 14: FRIENDS IN HIGH PLACES Startup India, the brainchild: Sean McLain, “Startup India: Entrepreneurs Draw Up Wish

, March 3, 2017, www.logisticsplus.com/​impossible-is-nothing. WeWork paid roughly $50,000: Maureen Farrell and Eliot Brown, “The Money Men Who Enabled Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. a valuation of around $12 billion: Scott Austin et al., “The Startup Stock Tracker,” Wall Street Journal

Farhi, “Washington Post Closes Sale to Amazon Founder Jeff Bezos,” Washington Post, Oct. 1, 2013. struggled to answer the simple question: “Optimizing Space Itself with WeWork’s Adam Neumann/Disrupt NY 2017,” YouTube, posted May 15, 2017, www.youtube.com/​watch?v=-EKOV71m-PY. “much more based on our energy”: Steven Bertoni, “WeWork

But out of Picture,” Wall Street Journal, April 18, 2012. required huge structural reinforcements: Maureen Farrell and Eliot Brown, “The Money Men Who Enabled Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. it offered big promotions like 20 percent: Brown, “WeWork: A $20 Billion Startup Fueled by Silicon Valley

and Shawn Wen, “The Universe Does Not Allow for Waste,” Foundering (podcast), episode 3, Bloomberg News, July 16, 2020. “hover around” breakeven: Matthew Lynley, “WeWork’s Adam Neumann on How to Hit $1B in Revenue with a Careful Balance,” TechCrunch, May 15, 2017. “community-adjusted EBITDA”: Eliot Brown, “A Look at WeWork’s

Pops the Question,” WeWork website, Sept. 27, 2018. grocery list given to aides: Reeves Wiedeman, Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork (New York: Little, Brown, 2020), 222. two bartenders, a “signature Range Rover”: Ibid. “I am not here to get peed on”: Reeves Wiedeman, “The

, March–Aug. 2020. found the whole experience off-putting: Ibid. could find no single New York school: Eliot Brown, “Surfing, Schools, and Jets: WeWork’s Bets Follow CEO Adam Neumann’s Passions,” Wall Street Journal, March 5, 2019. cost up to $42,000: Ibid. “It was pretty much a mess”: Interviews with Shanklin

, Indoor Natural Ecosystem for WeWork’s WeGrow School,” Architectural Digest, Oct. 29, 2018. Adam Braun as the school’s chief operating officer: Rebekah Neumann, “Welcoming Adam Braun to WeGrow,” WeWork website, May 16, 2018. “would all sound so beautiful”: Interviews with Shanklin, March–Aug. 2020. CHAPTER 25: FLYING HIGH Stuffed inside was a

the New Co-CEOs of WeWork,” Wall Street Journal, Sept. 24, 2019. “To nepotism!”: Maureen Farrell and Eliot Brown, “The Money Men Who Enabled Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. the children of three directors: Ibid. For years, WeWork relied heavily: Eliot Brown, “WeWork’s Long List

Is Not the Way Everybody Behaves,’ ” Wall Street Journal, Sept. 18, 2019. “We usually do better with women executives”: “An Inspirational Fireside Chat with WeWork CEO Adam Neumann,” New York Stock Exchange, video posted to NYSE Facebook page, June 14, 2017, www.facebook.com/​NYSE/​videos/​10155161160361023/. She scored low in performance reviews

: “Presidio Trust Public Board Meeting, 09.27.18,” Transcript of board meeting provided by Presidio Trust. CHAPTER 27: BROKEN FORTITUDE “my good friend”: “Adam Neumann: Co Founder of WeWork Delivers Incredible Speech at UJA Federation,” YouTube, posted Dec. 26, 2018, www.youtube.com/​watch?v=-4vTTmUByfk. wouldn’t show up at meetings: Maureen

Farrell and Eliot Brown, “The Money Men Who Enabled Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. Neumann negotiated to the point: Eric Platt and Andrew Edgecliffe-Johnson, “WeWork: How the Ultimate Unicorn Lost

Its Billions,” Financial Times, Feb. 20, 2020. when both expressed uneasiness: Farrell and Brown, “Money Men Who Enabled Adam Neumann and the WeWork Debacle.” “WeWork is the next Alibaba”: Minoru Satake, “SoftBank’s Son Says WeWork Is His ‘Next Alibaba,’ ” Nikkei Asia, Aug. 11, 2018. major outage

finger: Katrina Brooker, “WeWork Rebrands to the We Company,” Fast Company, Jan. 8, 2019. on Christmas Eve: Farrell and Brown, “Money Men Who Enabled Adam Neumann and the WeWork Debacle.” invest an additional $2 billion: Ibid. CHAPTER 28: DISECONOMIES OF SCALE “Our balance sheet has north of $6 billion”: Deirdre Bosa, “Watch CNBC

’s Full Interview with Ashton Kutcher and WeWork CEO Adam Neumann,” CNBC, Jan. 14, 2019. “This is a business where scale matters”: Ellen Huet, “WeWork, with $900 Million in Sales, Finds Cheaper Ways to Expand

,” Bloomberg News, Feb. 26, 2018. sometimes have warehouse sales: Maureen Farrell and Eliot Brown, “The Money Men Who Enabled Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. had fewer than three thousand employees: Form 10-K, Snap Inc., Feb. 6, 2019. long lines at

documents detailing Creator Fund investments, WeWork, 2020. two years of rent-free space: Reeves Wiedeman, Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork (New York: Little, Brown, 2020), 254. “I realized it was a technology company”: Bosa, “Watch CNBC’s Full Interview with Ashton Kutcher and

WeWork CEO Adam Neumann.” CHAPTER 29: GUITAR HOUSE a room shaped like a guitar: Anna Marie Erwert, “$25M Estate, Formerly Bill Graham’s, Is Marin’s Greenest—and Most

Driver,” Wall Street Journal, Oct. 18, 2018. played him some of his music: Reeves Wiedeman, Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork (New York: Little, Brown, 2020), 266. handed Neumann a picture-filled book: IPO pitch presentation to WeWork, Goldman Sachs, May 2020. valued between $61

billion and $96 billion: Ibid. “his personal banker”: Maureen Farrell and Eliot Brown, “The Money Men Who Enabled Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. “You have the full resources”: Dimon to Neumann and IPO team, Spring 2019. helping the exercise-bike

, SEC, Aug. 14, 2019. “To the energy of We”: Ibid. profit margins of more than 30 or even 40 percent: “Optimizing Space Itself with WeWork’s Adam Neumann/Disrupt NY 2017,” YouTube, posted May 15, 2017, www.youtube.com/​watch?v=-EKOV71m-PY. summoned the heads of the NYSE and the Nasdaq: Farrell

Votes, While Founders Keep Control,” Wall Street Journal, Jan. 16, 2017. the company’s investments in his: Eliot Brown, “Surfing, Schools, and Jets: WeWork’s Bets Follow CEO Adam Neumann’s Passions,” Wall Street Journal, March 5, 2019. generate huge tax savings for Neumann: Eric Platt, James Fontanella-Khan, and Miles Kruppa, “WeWork

Allegations,” Wall Street Journal, Oct. 12, 2017. T. Rowe Price—had become so embittered: Maureen Farrell and Eliot Brown, “The Money Men Who Enabled Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. brokered the meeting: Ibid. Neumann announced that Frances Frei: Ibid. The Journal’s piece: Eliot Brown, “How

Not the Way Everybody Behaves,’ ” Wall Street Journal, Sept. 18, 2019. Neumann had to shoot the video: Farrell and Brown, “Money Men Who Enabled Adam Neumann and the WeWork Debacle.” CHAPTER 36: THE FALL OF ADAM who had devoted much of her summer: Maureen Farrell and Eliot Brown, “The Money Men Who Enabled

Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. WeWork’s troubled IPO was off: Maureen Farrell, “WeWork Parent Postpones IPO,” Wall Street Journal, Sept. 17, 2019

Way Everybody Behaves,’ ” Wall Street Journal, Sept. 18, 2019. Masayoshi Son was hosting a three-day summit: Farrell and Brown, “Money Men Who Enabled Adam Neumann and the WeWork Debacle.” “Adam Neumann was flying high”: Brown, “How Adam Neumann’s Over-the-Top Style Built WeWork.” isn’t viewed as permissively: Ellen Huet

’s CEO,” New York Times, June 21, 2017. An onlooker snapped a photo: Reeves Wiedeman, Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork (New York: Little, Brown, 2020), 302. Journal published its story: Farrell et al., “Some WeWork Board Members Seek to Remove Adam Neumann as CEO

: Farrell et al., “Fall of WeWork.” posted stories on Neumann’s ouster: Eliot Brown et al., “WeWork’s Adam Neumann Steps Down as CEO,” Wall Street Journal, Sept. 24, 2019; David Gelles et al., “WeWork C.E.O. Adam Neumann Steps Down Under Pressure,” New York Times, Sept. 24, 2019. At 1:45 p.m., the

Came Unglued,” Wall Street Journal, Oct. 24, 2019. got a call from Mark Schwartz: Maureen Farrell and Eliot Brown, “The Money Men Who Enabled Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. “I’ve stayed silent too long”: Ibid. became clear to the board: Maureen Farrell, Liz Hoffman, and

Most Ties with Neumann,” Wall Street Journal, Oct. 22, 2019. request to forgive his debts to WeWork: Farrell and Brown, “Money Men Who Enabled Adam Neumann and the WeWork Debacle.” “If the person you are looking”: Michael Berg, “Transformative Sharing Versus Bread of Shame,” Kabbalah Centre website, July 29, 2016. their options were

York Times, Oct. 31, 2019. still flying around on private jets: Jennifer Gould, “Ex-WeWork CEO Adam Neumann Flees NYC to Escape ‘Negative Energy’: Pals,” New York Post, Dec. 17, 2019. They were flying commercial: Jessica Bennett, “Ousted WeWork CEO Adam Neumann Travels to Israel,” New York Post, Dec. 27, 2019. EPILOGUE “My own investment judgment

Gambling Man

by Lionel Barber  · 3 Oct 2024  · 424pp  · 123,730 words

(2018–21) Mohammed bin Salman (MBS), Crown Prince of Saudi Arabia Lex Greensill, former Queensland melon farmer turned founder of Greensill, fintech company Adam Neumann, CEO and founder of WeWork Prologue On a chilly Wednesday evening, 2 February 2000, more than 2,000 people crammed into a dimly lit discotheque called Velfarre,fn1

his meeting with president-elect Trump loomed large. The planned two-hour HQ tour turned into a 12-minute walk-about. Unabashed, Masa invited WeWork’s founder Adam Neumann to join him in the backseat of his SUV for a ride to Trump Tower, thirty-eight blocks north.1 Neumann brought along a

still trying to drum up interest in a second Vision Fund. Nobody was listening. All they could talk about was the crisis at WeWork and the whereabouts of Adam Neumann. Masa had given Neumann star billing but the wild-haired real-estate broker had failed to show up. In his place was Masa

by low-orbit satellites. Shortly afterwards, OneWeb went into bankruptcy. SoftBank also walked away from a previously agreed $3bn deal to buy shares from WeWork investors, including Adam Neumann and Benchmark Capital. Late on Sunday night, New York time, as the final wording of Elliott’s statement of support was being drafted, SoftBank

job promotion appeared in Bloomberg, which brought a dressing-down from Misra. He was too conniving by half. That said, Naheta was right about Adam Neumann and WeWork’s flawed growth model. He was right to spot the potential of ARM, the UK chip designer languishing in the SoftBank portfolio. And he was

, at the Allen & Co. conference in Sun Valley, 2018 – a financial magician and schemer who was considered bulletproof inside SoftBank. 42. The charismatic Adam Neumann, boss and founder of WeWork. Neumann bewitched Son but the partnership ended in financial disaster. 43. Son bought his local baseball team in Fukuoka in 2005 and turned

Start-Up Delusion, Penguin Random House, 2021, pp. 166–7 2 Ibid. 3 Reeves Wiedeman, Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork, Hodder & Stoughton, 2020, pp. 16–17 4 Sunil Bharti Mittal, interview with author, 8 September 2022 5 Jordan Levy, interview with author, 28 April

Everything Blueprint: Processing Power, Politics and the Microchip Design that Conquered the World, Hodder & Stoughton, 2023 Eliot Brown and Maureen Farrell: The Cult of We: WeWork, Adam Neumann and the Great Start-up Delusion, Harper Collins, 2021 Duncan Clark: The House that Jack Ma Built, Harper Collins, 2016 John W Dower: Embracing Defeat

Media, 2011 Ezra Vogel: Japan as Number One, Harvard University Press, 1979 Reeves Wiedmann: Billion Dollar Loser: The Epic Rise and the Spectacular Fall of Adam Neumann and WeWork, Hodder & Stoughton, 2020 Kōichi Yoshida: Naibu Kokuhatsu: SoftBank Yuganda Keiei, Yell Shuppansha, 1997. Tsukasa Yoshida: Son Masayoshi wa Taorenai, Asahi Shimbun Sha, 2001 Tosu

The Power Law: Venture Capital and the Making of the New Future

by Sebastian Mallaby  · 1 Feb 2022  · 935pp  · 197,338 words

$76 billion, but it was still a formidable sum—one that allowed Benchmark to celebrate a 270x return on its investment.[86] At WeWork, in contrast, the megalomaniacal Adam Neumann disdained Khosrowshahi-style reforms, so the IPO process punished him appropriately. Required to publish its financials in the run-up to its road

NOTE REFERENCE 20 Maureen Farrell and Eliot Brown, “The Money Men Who Enabled Adam Neumann and the WeWork Debacle,” Wall Street Journal, Dec. 14, 2019. BACK TO NOTE REFERENCE 21 Farrell and Brown, “Money Men Who Enabled Adam Neumann and the WeWork Debacle.” BACK TO NOTE REFERENCE 22 Before the launch of the Vision Fund, the

and the Art of Failing Up,” New York Times, Nov. 2, 2019. BACK TO NOTE REFERENCE 27 Farrell and Brown, “Money Men Who Enabled Adam Neumann and the WeWork Debacle.” BACK TO NOTE REFERENCE 28 The value of this downside protection soon became evident. In the spring of 2020, SoftBank’s earnings report

food stamps. As tech firms delayed IPOs, they achieved “unicorn” status: their valuations shot past the $1 billion mark, even as they remained private. WeWork’s Adam Neumann (left) and Uber’s Travis Kalanick (middle) became the poster children for the risks in this state of affairs: as passive growth investors showered them

Vulture Capitalism: Corporate Crimes, Backdoor Bailouts, and the Death of Freedom

by Grace Blakeley  · 11 Mar 2024  · 371pp  · 137,268 words

/inside-the-fall-of-wework. 3. Britney Nguyen, “The Career Rise, Fall, and Return of Adam Neumann, the Controversial WeWork Cofounder Who Is Back with Another Real-Estate Startup,” Insider, August 16, 2022, https://www.businessinsider.com/wework-ceo-adam-neumann-bio-life-career-2019-8?r=US&IR=T. 4. “The Unicorn List: 13: WeWork

York Times, November 2, 2019, updated May 18, 2020, https://www.nytimes.com/2019/11/02/business/adam-neumann-wework-exit-package.html. 11. Ibid. 12. Julie Bort and Meghan Morris, “Former Employees from WeWork Share Stories about Adam Neumann Running around Barefoot, Yelling at Employees, and Demanding Cases of Tequila,” Insider, September 30, 2019, https

://www.businessinsider.com/wework-employees-share-stories-about-barefoot-adam-neumann-2019-9?r=US&IR=T. 13. Taylor Telford, “Adam Neumann’s Chaotic Energy Built WeWork. Now It Might Cost Him His Job as CEO,” Washington Post, September 23, 2019, https://www.washingtonpost.com/business/2019/09/23

/adam-neumanns-chaotic-energy-built-wework-now-it-might-cost-him-his-job-ceo/. 14. Nguyen, “The Career Rise, Fall, and Return of Adam Neumann, the Controversial WeWork Cofounder Who Is Back with Another Real-Estate Startup.” 15. David Trainer, “WeWork Is

York Times, October 1, 2019, updated October 21, 2021, https://www.nytimes.com/2019/09/30/business/wework-ipo.html. 21. Eric Platt, “Adam Neumann’s $1.6bn WeWork Exit Package Could Get Sweeter,” Financial Times, December 24, 2019, https://www.ft.com/content/eecf1f22-2332-11ea-b8a1-584213ee7b2b. 22. George Hammond and

Andrew Edgecliffe-Johnson, “SoftBank and WeWork Co-Founder Adam Neumann Agree Divorce Deal,” Financial Times, May 27, 2021, https://www.ft.com/content/b0c047d0-6e7e-42c1-89c8-ee5f96d01a12. 23. Sergei Klebnikov, “WeWork Lays Off

Hype: How Scammers, Grifters, and Con Artists Are Taking Over the Internet―and Why We're Following

by Gabrielle Bluestone  · 5 Apr 2021  · 329pp  · 100,162 words

short of a time period as possible. In that way, Billy was not unlike other start-up founders such as Theranos CEO Elizabeth Holmes or WeWork CEO Adam Neumann, both of whom also rode waves of hype to become rich and famous at the expense of their investors. But McFarland was a peculiar

drank tequila.” Incredibly, this line referred to neither McFarland nor Musk, who’s been trying to launch an alcohol line called “Teslaquila.” (It was WeWork’s Adam Neumann.) But back to Musk. He’s considered a genius because he made a bunch of money on PayPal and once shot a car into space

all sounds amazing. But let me tell you something: I don’t think that’s true.” After waiting for the applause to die out, Adam Neumann, the founder of WeWork, continued his speech. “We will not stand by, and we will not lend our power to presidents, CEOs, ministers, or anybody—any leader

. 78. Amy Chozick, "Adam Neumann and the Art of Failing Up," New York Times, November 2, 2019, https://www.nytimes.com/2019/11/02/business/adam-neumann-wework-exit-package.html. Chapter 2: Fake It Till You Make It 79. Jennifer Furst and Julia Willoughby Nason, Fyre Fraud (Santa Monica, CA: Hulu, 2019

On the Edge: The Art of Risking Everything

by Nate Silver  · 12 Aug 2024  · 848pp  · 227,015 words

big business like venture capital, founders and investors can fail several times over and still land on their feet. To take one example, Adam Neumann, the cofounder of WeWork who was widely regarded as having mismanaged the company as it lost about 90 percent of its market value, nonetheless received hundreds of millions

al., “Adam Neumann Gets a New Backer,” The New York Times, August 15, 2022, sec. Business, nytimes.com/2022/08/15/business/dealbook/adam-neumann-flow-new-company-wework-real-estate.html. GO TO NOTE REFERENCE IN TEXT revival of nationalist governments: Sabina Mihelj and César Jiménez-Martínez, “Digital Nationalism: Understanding the Role

al., “Adam Neumann Gets a New Backer,” The New York Times, August 15, 2022, sec. Business, nytimes.com/2022/08/15/business/dealbook/adam-neumann-flow-new-company-wework-real-estate.html. GO TO NOTE REFERENCE IN TEXT “superior living environment”: “Senior Accountant,” Flow, jobs.lever.co/flowlife/687db5e3-c2a4-484b-a818-a9f7b3ae71e4

-weworks-implosion-turned-it-into-a-shell-of-its-initial-$47-billion-promise. GO TO NOTE REFERENCE IN TEXT a pregnant employee: Brendan Pierson, “WeWork, Former CEO Adam Neumann Accused of Pregnancy Discrimination,” Reuters, November 1, 2019, sec. Technology, reuters.com/article/idUSKBN1XA2OA. GO TO NOTE REFERENCE IN TEXT expanded far too quickly

: Amy Chozick, “Adam Neumann and the Art of Failing Up,” The New York Times, November 2, 2019, sec. Business, nytimes.com/2019/11/02/business/adam-neumann-wework-exit-package.html. GO TO NOTE REFERENCE IN TEXT enormous annual losses: Rani Molla, “The WeWork Mess, Explained,” Vox, September 23, 2019, vox.com/recode

The Pyramid of Lies: Lex Greensill and the Billion-Dollar Scandal

by Duncan Mavin  · 20 Jul 2022  · 345pp  · 100,989 words

market.’ The appreciation went in both directions. At internal SoftBank events, Son put Lex on a pedestal alongside other stars of the Vision Fund, especially WeWork founder Adam Neumann, who was still then in favour, and Ritesh Agarwal, the head of India’s OYO Hotels. The three were featured in a presentation to

quiet and he might let you keep the shares. Another source told me that Lex took the idea for giving out so much stock from WeWork’s Adam Neumann, whom Lex described as a friend. Even very junior staff flew business class and stayed in expensive hotels. He even once flew his tailor

Tech Titans of China: How China's Tech Sector Is Challenging the World by Innovating Faster, Working Harder, and Going Global

by Rebecca Fannin  · 2 Sep 2019  · 269pp  · 70,543 words

Naked Hub locations in Beijing, Shanghai, and Hong Kong to add to its own 13 spots in China. It didn’t take long for WeWork CEO Adam Neumann to take a lesson from Naked Hub’s operation in trendy Xintiandi, which was making bundles of money from renting office space on a flexible

The Quiet Coup: Neoliberalism and the Looting of America

by Mehrsa Baradaran  · 7 May 2024  · 470pp  · 158,007 words

lies in commodifying community membership along lines of identity and belonging. Their product is rarely the technology itself but rather the restoration of something lost. Adam Neumann launched WeWork with the mission to “create community” and “raise consciousness.” The latter was good for some laughs in the media, but the former hardly raised

The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance

by Eswar S. Prasad  · 27 Sep 2021  · 661pp  · 185,701 words

The Participation Revolution: How to Ride the Waves of Change in a Terrifyingly Turbulent World

by Neil Gibb  · 15 Feb 2018  · 217pp  · 63,287 words

The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy

by David Gelles  · 30 May 2022  · 318pp  · 91,957 words

Inventor of the Future: The Visionary Life of Buckminster Fuller

by Alec Nevala-Lee  · 1 Aug 2022  · 864pp  · 222,565 words

Wonder Boy: Tony Hsieh, Zappos, and the Myth of Happiness in Silicon Valley

by Angel Au-Yeung and David Jeans  · 25 Apr 2023  · 427pp  · 134,098 words

Gilded Rage: Elon Musk and the Radicalization of Silicon Valley

by Jacob Silverman  · 9 Oct 2025  · 312pp  · 103,645 words