Summary of Reeves Wiedeman's Billion Dollar Loser

By IRB Media

Get the Summary of Reeves Wiedeman's Billion Dollar Loser in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: ​Christened a potential savior of Silicon Valley's startup culture, Adam Neumann was set to take WeWork, his office share company disrupting the commercial real estate market, public, cash out on the company's forty-seven billion dollar valuation, and break the string of major startups unable to deliver to shareholders. But as employees knew, and investors soon found out, WeWork's capital was built on promises that the company was more than a real estate purveyor, that in fact it was a transformational technology company.

• Language: English
• Publisher: IRB Media
• Release date: Dec 10, 2021
• ISBN: 9781669343820

IRB Media

With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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Insights on Reeves Wiedeman's Billion Dollar Loser

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 9

Insights from Chapter 10

Insights from Chapter 11

Insights from Chapter 12

Insights from Chapter 13

Insights from Chapter 14

Insights from Chapter 15

Insights from Chapter 16

Insights from Chapter 17

Insights from Chapter 18

Insights from Chapter 19

Insights from Chapter 20

Insights from Chapter 21

Insights from Chapter 22

Insights from Chapter 23

Insights from Chapter 24

Insights from Chapter 1

#1

Adam Neumann was born in Israel in 1970 to two doctors, Dr. Doron and Dr. Avivit Neumann. He grew up in several different small desert towns in Israel, and would go on to become a successful entrepreneur.

#2

Adam Neumann grew up in a disjointed family, with a mother who had cancer and a father who had abandoned them. In college, he began working at a youth hostel in Israel. There, he met other young people from troubled families and was inspired to start a company that would help other troubled youth.

#3

Adam moved to the city to pursue a new life, but he hated how no one made conversation on the elevator in the Neumanns’ building.

#4

Adam began his own business in New York after two years of partying there.

#5

In the mid-2000s, a new economy was emerging from the ashes of 9/11 and the dot-com crash. YouTube was streaming videos, and Facebook was beginning to take off. In this environment, Adam decided to start manufacturing high-heeled women’s shoes that transformed into flats.

#6

There is a special visa available for people with extraordinary ability in the sciences, education, business, or athletics. The applicant must be in the top 1 percent of their field to qualify. A paraplegic race-car driver Templo recently helped was in that category.

#7

Big Tent manufactured Krawlers and sold them to retailers. Adam's company grew rapidly, and by early 2008, it had over 250 employees. However, the Great Recession hit that year, and parents stopped buying Krawlers.

#8

Adam was a 28-year-old man with a reputation as a playboy. He had no job and no savings, but he did have a great relationship with his parents.

Insights from Chapter 2

#1

The author met a man named Miguel who co-founded WeWork with Adam.

#2

After graduating from college, the author moved to