Episode Details
Back to Episodes
TIP366: Billion Dollar Loser w/ Reeves Wiedeman
Episode 402
Published 4 years, 5 months ago
Description
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
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
- Reeves Wiedeman’s book, Billion Dollar Loser – Read reviews of this book.
NEW TO THE SHOW?
- Check out our We Study Billionaires Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
- Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
- River
- Toyota
- Range Rover
- Vacasa
- AT&T
- The Bitcoin Way
- USPS
- American Express
- Onramp
- Found
- SimpleMining
- Public
- Shopify
HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even b