TIP366: Billion Dollar Loser w/ Reeves Wiedeman
Play • 39 min

Stig Brodersen speaks with Reeves Wiedeman and learns the unfiltered story of The Rise and Fall of WeWork and co-founder Adam Neumann.  


IN THIS EPISODE, YOU'LL LEARN:

  • (04:12) How WeWork got started
  • (19:53) How WeWork tried becoming a tech company with a 16-year-old Director of IT
  • (27:29) How Softbank made a $4.4B investment in WeWork on a napkin
  • (35:08) Whether or not CEO Adam Neumann was a true believer of a con artist 
  • (37:07) How WeWork went from a $96B valuation to single digits in a matter of weeks.  
  • (40:28) Why Adam Neumann was ousted from his own company 

 

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.


BOOKS AND RESOURCES:

  • Reeves Wiedeman’s book, Billion Dollar Loser – Read reviews of this book  
  • Take your business to the next level by hiring the right people with ZipRecruiter
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  • Thank an awesome human with the best scrubs in the world — FIGS! Enter promo code WSB at checkout to get 15% off
  • Get up to 40% off + Free Shipping on Four Sigmatics Mushroom Coffee bundles.
  • Uncover thousands of business ideas and discover the steps you need to execute with My First Million. Search My First Million on your podcast app
  • Start feeling better with a single message. Match with a licensed therapist with Talkspace and get $100 off your first month with the promo code WSB
  • Get three months free when you protect yourself with ExpressVPN, the VPN we trust to keep us private online
  • Teach kids good money habits the fun and easy way with GoHenry’s debit card for kids and app for parents. Get one free month with promo code WSB
  • Check out our Investing Starter Packs about business and finance
  • Browse through all our episodes (complete with transcripts) here
  • Support our free podcast by supporting our sponsors

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