Adam Neumann inflated WeWork's valuation to $47 billion on charisma and kombucha, then watched it collapse by 80% before the IPO — only to receive a $245 million exit package. His spending spree, including $60 million on private jets and a $3 million car service, surpassed Travis Kalanick's excesses by $20 million in unnecessary luxury costs. Neumann's controversial vision for transforming the world's office space, backed by SoftBank's $10.5 billion investment, remains the largest venture capital misjudgment in history. His ability to enchant investors while burning $1.6 billion in cash annually ranks him as the most polarizing founder of the gig-economy era.

Comments on "Adam Neumann"
Create a free account or sign in to join the discussion.
Sign in to join the conversation