Billion Dollar Loser
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Billion Dollar Loser
''Billion Dollar Loser'' is a 2020 book by Reeves Wiedeman about WeWork and its founder Adam Neumann. Synopsis The book combines interviews with WeWork employees with analysis from other industry experts to recount the founding of office space leasing company WeWork, and its rapid ascent followed by its later devaluation and unsuccessful IPO. Neumann's role as CEO and the cult of personality surrounding him are a major focus of the book. Reception ''Publishers Weekly'' wrote that the book was "a thrilling page-turner about the fantastic success and subsequent crash of WeWork." Writing for ''The New Republic'', J.C. Pan described it as "a definitive chronology of a company doomed not by one bad business strategy—or even Neumann’s outsize ego—but by the rot of a postrecession economy that nurtured a certain flavor of investor-class mania." On the other hand, Walter Kirn described the book as a "cautionary tale" about Neumann. Jennifer Szalai of ''The New York Times ...
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Hodder & Stoughton
Hodder & Stoughton is a British publishing house, now an imprint of Hachette.H&S - About Us - Hachette UK
hodder.co.uk. Retrieved 4 April 2023.


History


Early history

The firm has its origins in the 1840s, with Matthew Hodder's employment, aged 14, with Messrs Jackson and Walford, the official publisher for the . In 1861 the firm became Jackson, Walford and Hodder; but in 1868 Jackson and Walford retired, and
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WeWork
WeWork Inc., headquartered in New York City, is a provider of coworking spaces, including physical and virtual shared spaces, in approximately 600 buildings in 125 cities. WeWork was founded in 2010 by Adam Neumann and Miguel McKelvey. Over the following 10 years, the company raised $12.8 billion in financing at valuations as high as $47 billion, mostly from the SoftBank Vision Fund, led by Masayoshi Son. In September 2019, the company filed documentation to become a public company and revealed issues with corporate governance. Investors forced both the cancellation of the IPO and the resignation of Neumann. The company filed for bankruptcy in November 2023. As part of the bankruptcy reorganization, in 2024, Cupar Grimmond (an affiliate of Yardi Systems) acquired a 60% stake in the company, 20% was acquired by affiliates of SoftBank, and 20% was acquired by other investors. The company shrank its operations, selling all owned real estate and cancelling or amending hundreds o ...
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Adam Neumann
Adam Neumann (; born April 25, 1979) is an Israeli-American billionaire businessman and investor. In 2010, he co-founded WeWork with Miguel McKelvey, where he was CEO from 2010 to 2019. In 2019, he co-founded a family office dubbed 166 2nd Financial Services with his wife, Rebekah Neumann, to manage their personal wealth, investing over a billion dollars in real estate and venture startups. Following mounting pressure from investors based on disclosures made in a public offering filing, Neumann resigned as CEO of WeWork and gave up majority voting control . ''Forbes'' estimated his net worth to be around US$2.2 billion . Early life Neumann was born and raised in Beersheba, Israel. His parents divorced when he was seven, and he had lived in 13 different homes by the time he was 22. His younger sister is a model and former Miss Teen Israel. He has dyslexia and could not read or write until he was in third grade. In his teens, he lived on a kibbutz in southern Israel. ...
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Publishers Weekly
''Publishers Weekly'' (''PW'') is an American weekly trade news magazine targeted at publishers, librarians, booksellers, and literary agents. Published continuously since 1872, it has carried the tagline, "The International News Magazine of Book Publishing and Bookselling." With 51 issues a year, the emphasis today is on book reviews. History Nineteenth century The magazine was founded by bibliographer Frederick Leypoldt in the late 1860s and had various titles until Leypoldt settled on the name ''The Publishers' Weekly'' (with an apostrophe) in 1872. The publication was a compilation of information about newly published books, collected from publishers and from other sources by Leypoldt, for an audience of booksellers. By 1876, ''The Publishers' Weekly'' was being read by nine tenths of the booksellers in the country. In 1878, Leypoldt sold ''The Publishers' Weekly'' to his friend Richard Rogers Bowker, in order to free up time for his other bibliographic endeavors. Augu ...
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The New Republic
''The New Republic'' (often abbreviated as ''TNR'') is an American magazine focused on domestic politics, news, culture, and the arts from a left-wing perspective. It publishes ten print magazines a year and a daily online platform. ''The New York Times'' described the magazine as partially founded in Teddy Roosevelt's living room and known for its "intellectual rigor and left-leaning political views." History 1914–1974: Early years Founded in 1914 by several leaders of the progressive movement, it attempted to find a balance between "a liberalism centered in humanitarian and moral passion and one based in an ethos of scientific analysis". ''The New Republic'' was founded by Herbert Croly, Walter Lippmann, and Walter Weyl. They gained the financial backing of heiress Dorothy Payne Whitney and of her husband, Willard Straight, who eventually became the majority owner. The magazine's first issue was published on November 7, 1914. The magazine's politics were libe ...
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Walter Kirn
Walter Norris Kirn (born August 3, 1962) is an American novelist, literary critic, and essayist. He is the author of eight books, most notably '' Up in the Air'', which was made into a film of the same name starring George Clooney. Education Kirn graduated with an A.B. in English from Princeton University in 1983 after completing a 22-page-long senior thesis entitled "Entangling Breaths (Poems)." Following that, he obtained a second undergraduate degree in English Literature at Oxford University, where he was a Keasbey Memorial Foundation Scholar. Writing Kirn has published a collection of short stories and several novels. These include '' Thumbsucker'' (1999), which was made into a 2005 film featuring Keanu Reeves and Vince Vaughn. Kirn's 2001 novel, '' Up in the Air'', has been characterized as a literary chronotope relating to the genre of road narratives. It was made into a 2009 film directed by Jason Reitman. Starring George Clooney and Anna Kendrick, it was a commercial ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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The Real Deal (magazine)
''The Real Deal'' is a media company with a focus on New York City, South Florida and Los Angeles. The news outlet was started in 2003 by Amir Korangy, and focuses on both commercial and residential real estate. The online and print publication, which serves as a source for other periodicals, was self-proclaimed "the must-read news source for real estate news," in a profile in the ''Los Angeles Times'' in 2009, and "the hot sheet for NYC real estate professionals," by the ''New York Post''. History Korangy's ''Korangy Publishing'' founded ''The Real Deal'' in April 2003. It was Korangy's third venture into publishing, the first being the ''Gringo Gazette'', a weekly newspaper in Baja, Mexico targeted at expatriates, and the second being the ''Washington Free Press'', a weekly tabloid in Washington, D.C. Korangy was named one of the 100 most powerful figures in New York City real estate by the ''New York Observer'' in 2009. The magazine's editor-in-chief since its first year i ...
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American Non-fiction Books
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label that was previously known as Def American * American University, in Washington, D.C. Sports teams S ...
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Books About Companies
A book is a structured presentation of recorded information, primarily verbal and graphical, through a medium. Originally physical, electronic books and audiobooks are now existent. Physical books are objects that contain printed material, mostly of writing and images. Modern books are typically composed of many pages bound together and protected by a cover, what is known as the '' codex'' format; older formats include the scroll and the tablet. As a conceptual object, a ''book'' often refers to a written work of substantial length by one or more authors, which may also be distributed digitally as an electronic book ( ebook). These kinds of works can be broadly classified into fiction (containing invented content, often narratives) and non-fiction (containing content intended as factual truth). But a physical book may not contain a written work: for example, it may contain ''only'' drawings, engravings, photographs, sheet music, puzzles, or removable content like ...
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English-language Non-fiction Books
English is a West Germanic language that developed in early medieval England and has since become a global lingua franca. The namesake of the language is the Angles, one of the Germanic peoples that migrated to Britain after its Roman occupiers left. English is the most spoken language in the world, primarily due to the global influences of the former British Empire (succeeded by the Commonwealth of Nations) and the United States. English is the third-most spoken native language, after Mandarin Chinese and Spanish; it is also the most widely learned second language in the world, with more second-language speakers than native speakers. English is either the official language or one of the official languages in 57 sovereign states and 30 dependent territories, making it the most geographically widespread language in the world. In the United Kingdom, the United States, Australia, and New Zealand, it is the dominant language for historical reasons without being explicitl ...
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