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008 230202b ||||| |||| 00| 0 eng d
020 _a9780008389390
082 _a338.040973
_bBRO
100 _aBrown, Eliot
_910723
245 _aThe cult of we:
_bWeWork, Adam Neumann, and the great startup delusion
260 _bHarperCollins Publishers
_aLondon
_c2021
300 _axii, 446 p.
365 _aINR
_b799.00
520 _aAn amazing portrait of how grifters came to be called visionaries and high finance lost its mind.’ Charles Duhigg, bestselling author of The Power of Habit The definitive inside story of WeWork, its audacious founder, and the company's epic unravelling from the journalists who first broke the story wide open. In 2001, Adam Neumann arrived in New York after five years as a conscript in the Israeli navy. Just over fifteen years later, he had transformed himself into the charismatic CEO of a company worth $47 billion. With his long hair and feel-good mantras, the six-foot-five Neumann looked the part of a messianic Silicon Valley entrepreneur. The vision he offered was mesmerizing: a radical reimagining of work space for a new generation. He called it WeWork. As billions of funding dollars poured in, Neumann's ambitions grew limitless. WeWork wasn't just an office space provider; it would build schools, create cities, even colonize Mars. In pursuit of its founder’s vision, the company spent money faster than it could bring it in. From his private jet, sometimes clouded with marijuana smoke, the CEO scoured the globe for more capital but in late 2019, just weeks before WeWork's highly publicized IPO, everything fell apart. Neumann was ousted from his company, but still was poised to walk away a billionaire. Calling to mind the recent demise of Theranos and the hubris of the dotcom era bust, WeWork's extraordinary rise and staggering implosion were fueled by disparate characters in a financial system blind to its risks. Why did some of the biggest names in banking and venture capital buy the hype? And what does the future hold for Silicon Valley ‘unicorns’? Wall Street Journal reporters Eliot Brown and Maureen Farrell explore these questions in this definitive, rollicking account of WeWork's boom and bust.
650 _aEntrepreneurship
_9968
650 _aBusinessmen
_92671
650 _aBusiness Enterprises - Finance
_9200
650 _aAdam Neumann - Israeli businessman
_911737
700 _aFarrell, Maureen [Co-author]
_911738
942 _2ddc
_cBK