This page turner reads like a Fiction, but it is not. All that you read, really happened! Am sure there is a movie being made out of it right now!
If you loved the Theranos story in the book ‘Bad Blood’, you will like this one. Elizabeth Holmes (the founder of Theranos) took things way too far and did many things illegal too, there is already a legal case on her. I wonder if Adam was a student in her class 🙂
This book is a must read if you enjoy FinTech stories from around the world, especially from the America. You will find the best of the startup stories and also the strangest ones. WeWork is a strange one and this story will also tell you how gullible investors can be. Imagine SoftBank spending 12 minutes with Adam to decide he is willing to invest $4B in WeWork. That is insane, right? Only when you read thru this book you will know what Mr. Son was going thru when he invested such an amount and thanks to his encouragement, the WeWork valuation at one stage reached $47B as well. This is called the real bubble!
The entire story of what Adam was, how he envisaged WeWork, then his wife came in and became wore many hats for WeWork, the lavish parties, the usage of money (read wastage) for renovation, new line of business, parties, Monday morning tequila parties and what not. This is a rollercoaster ride for the reader, but for Adam he walks out with some amazingly handsome money. But let that not be an inspiration for you to become an entrepreneur. There are better inspirational stories for you, look in the right way 🙂
Read on, for real fun, he indeed is the ‘Billion Dollar Loser’.
Author: Reeves Wiedeman.
The Epic Rise and Fall of Adam Neumann and WeWork