Cover of the book The Cult of We
Bestseller book
Critically acclaimed
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The Cult of We

WeWork, Adam Neumann, and the Great Startup Delusion

byEliot Brown, Maureen Farrell

Who is this book for? Readers interested in business narratives, corporate failures, and financial systems.

Topics SurvivalPowerIdentity
MoodReflective
Why did so many intelligent people-from venture capitalists to Wall Street elite-fall for the hype? And how did WeWork go so wrong? In little more than a decade, Neumann transformed himself from a struggling baby clothes salesman into the charismatic, hard-partying CEO of a company worth $47 billion-on paper. With his long hair and feel-good mantras, the six-foot-five Israeli transplant looked the part of a messianic truth teller. Investors swooned, and billions poured in. Neumann dined with the CEOs of JPMorgan and Goldman Sachs, entertaining a parade of power brokers desperate to get a slice of what he was selling: the country's most valuable startup, a once-in-a-lifetime opportunity and a generation-defining moment. Soon, however, WeWork was burning through cash faster than Neumann could bring it in. From his private jet, sometimes clouded with marijuana smoke, he scoured the globe for more capital. Then, as WeWork readied a Hail Mary IPO, it all fell apart. .

Language

en

Published on

20/07/2021

Pages

464

Format

hardcover

ISBN

9780593237113

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