E1130: “Billion Dollar Loser” Author Reeves Wiedeman on WeWork’s epic rise & crazy collapse, Adam Neumann’s unique behavior, hypocrisy, red flags & more

about this episode

Buy Billion Dollar Loser: https://rb.gy/3clbht

FOLLOW Reeves: https://twitter.com/reeveswiedeman
FOLLOW Jason: https://linktr.ee/calacanis

Listen here…
Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957
Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9
Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio

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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See more in: 2020, Authors, Startups
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