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Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork,Used
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A Wall Street Journal Business BestsellerVivid, carefully reported drama that readers will gulp down as if it were a fastpaced novel (Ken Auletta)The inside story of WeWork and its CEO, Adam Neumann, which tells the remarkable saga of one of the most audacious, and improbable, rises and falls in American business historyIn its earliest days, WeWork promised the impossible: to make the American work place cool. Adam Neumann, an immigrant determined to make his fortune in the United States, landed on the idea of repurposing surplus New York office space for the burgeoning freelance class. Over the course of ten years, WeWork attracted billions of dollars from some of the most soughtafter investors in the world, while spending it to build a global real estate empire that he insisted was much more than that: an organization that aspired to nothing less than 'elevating the world's consciousness.'Moving between New York real estate, Silicon Valley venture capital, and the very specific force field of spirituality and ambition erected by Adam Neumann himself, Billion Dollar Loser lays bare the internal drama inside WeWork. Based on more than two hundred interviews, this book chronicles the breakneck speed at which WeWorks CEO built and grew his company along with Neumanns relationship to a world of investors, including Masayoshi Son of Softbank, who fueled its chaotic expansion into everything from apartment buildings to elementary schools.Culminating in a daybyday account of the five weeks leading up to WeWorks botched IPO and Neumanns dramatic ouster, Wiedeman exposes the story of the companys desperate attempt to secure the funding it needed in the final moments of a decade defined by excess. Billion Dollar Loser is the first book to indelibly capture the highly leveraged, allbluesky world of American business in President Trumps first term, and also offers a sober reckoning with its fallout as a new era begins.
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