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Episode 1130

E1130: "Billion Dollar Loser" Author Reeves Wiedeman on WeWork's epic rise & crazy collapse

Oct 27, 20201:13:26Watch on YouTube

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Show notes:

0:00 Start

0:50 Jason intros Billion Dollar Loser Author Reeves Wiedeman, Reeves on playing it straight & the number of interviews it takes to complete a book like this

5:02 Reeves’ previous job as a fact-checker at The New Yorker, Jason’s experience with fact-checkers

8:42 How did Reeves approach different interpretations of the same story?

11:17 LinkedIn Jobs - Get a $50 credit toward your first job post at https://www.linkedin.com/twist

13:06 WeWork’s first iteration - Green Desk - & the solid business of space as a service, defunct competitors in the space & how WeWork differentiated

19:44 Adam Neumann’s hypocrisy; when did the wheels start to fall off?

25:04 Trends, by The Hustle - start your two-week trial for $1 at https://trends.co/twist

26:44 SoftBank’s WeWork investment, Adam’s meeting with Masayoshi Son, showing the “tech side” of WeWork

33:11 Reeves’ thoughts on hypergrowth startups, Vision Fund warping industries & more

37:08 Silicon Valley Bank - For over 35 years SVB has helped thousands of tech and life science companies plan for the future. Learn more at https://SVB.com/next

38:18 Benchmark partners flying to NYC & trying to rein in Adam Neumann due to multiple red flags, supervoting shares, improper governance

42:55 Inside WeWork Summer Camps, how Adam’s behavior & lack of self-awareness brought down the “We” revolution, the Hanalei Bay story

55:50 Where is Adam Neumann at today, can WeWork be salvaged by SoftBank, understanding WeLive

59:27 Funny moments from the book - Joey Cables, Billy McFarland & more

1:03:49 WeWork’s positioning post-COVID, understanding Adam Neumann’s behavior

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