Corporate Gossip

• Zappos / Tony Hsieh: The Dark Side of Happiness

  Thank you for listening to another season of the podcast! We'll be back in January with new episodes. Got suggestions / thoughts / feedback? Email [email protected] For bonus episodes, book club, and the aftershow, join us on Patreon Advertise with us Watch on YouTube Trigger warning: suicide, drug use, overdose  Tony Hsieh had a life other entrepreneurs dreamed of. He was the wealthy CEO of a wildly successful ecommerce company with a legion of devoted customers and employees, currently on a bus tour to spread the gospel of his unique management style. But under the surface, cracks were starting to show, and Tony was falling into a severe drug and alcohol addiction. Years after his death that bus tour was a clear turning point in Tony's story, but for those around him at the time, it was just Tony being Tony. They had no clue how much darker things could get.  See pictures from today's episode on Substack Thank you to our episode sponsors:  New York Interventionist Goodword Email our good news correspondant with tips: [email protected] Timestamps:  2:00 - Intro / show notes  6:00 - Zappos / Tony Hshei story  1:20:00 - Good News & Adam breaks a chair Links:  Wonderboy (Book) Internal Memo: Zappos is offering severance to employees who aren't all in with Holacracy How Tony Hsieh Tried to Single-Handedly Transform Downtown Las Vegas The Rise and Fall of the Management Visionary Behind Zappos The Death of Zappos's Tony Hsieh: A Spiral of Alcohol, Drugs and Extreme Behavior Amazon Changes at Zappos Slowly Dismantle Tony Hsieh's Legacy 'Money's a powerful motivator,' Friends, documents detail Las Vegas entrepreneur Tony Hsieh's final months alive Spinato's Employees Get a "Slice of the Pie" as Spinato Family Transitions 49% of Company Ownership to Eligible Employees Iconic Cincinnati company Graeter's to become partially employee-owned

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• [Patreon Exclusive] Sonder: It's official, everything's a scam now :)

  Listen to the full episode on Patreon. Join today at the Murdoch's Mates level and get FOUR bonus epiosdes every month plus the Corporate Gossip Book Club and group chat!  On Monday morning thousands of travelers were locked out of their Sonder hotel rooms and told: Sorry! Our business isn't businessing anymore :) Executives at both Marriott and Sonder turned their phones on Do Not Disturb as frazzled front line employees tried to manage fuming customers. At first glance, this just seems like a mismanaged PR crisis, but there's SO much more to the story: A bay area unicorn led by a Forbes 30 under 30 wunderkind, co-opted by VC maniacs speeding down the the 2021 SPAC super highway, bailing right before the crash and leaving unwitting investors holding the bag. INTO THE CORPORATE DUMPSTER!!! Links: Hospitality Startup Sonder Raises $170 Million At A $1.3 Billion Valuation During Covid-19 Travel Collapse Gores SPAC's High Redemptions Signal Worsening Sector Sentiment Sonder faces class action investigation after delaying financial results due to errors in past statements Sonder Seeks Room in Post-Covid-19 Lodging San Francisco property-tech company, once worth $1.9B, suddenly goes belly-up Dear Sonder Guest, Your Hotel Is Closed

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• Outdoor Voices: Ty Haney's Groundhog Day (UNLOCKED!)

  This is an updated and unlocked version of an episode that was earlier published exclusively on Patreon. Join now and enjoy FOUR extra episodes a month for as little as $5!  Ty Haney is back at Outdoor voices, the cult athleisure brand she founded. Can she successfully suck us all into her time machine back to 2014? Or will this company's death rattle be loud enough to convince the brand's private equity investors to put OV out of its misery.  Today, Adam and Becca try to figure out how the once beloved brand got so weird and shitty and how Ty Haney fell off the top of the Abby Lee Miller girl boss pyramid.  All pics can be found on Substack Watch on Youtube  Email our good news correspondant with tips: [email protected] Advertise on the Corporate Gossip Podcast Links:  Outdoor Voices Became A Staple For Millennial Cool Girls Thanks To Its Chill Aesthetic. Employees Say They Were Drowning. Outdoor Voices Founder Ty Haney Has Moved On. Mostly. Three years after her dramatic exit as CEO, she still has some things she'd like to say. How Outdoor Voices, a Start-Up Darling, Imploded Ty Haney is Elon Musk's Reply Guy Outdoor Voices founder Ty Haney accused of defrauding investors in $3M energy drink deal    

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• Victoria's Secret: Sex pests all the way down

  The demon living inside Les Wexner's head brings us into the Victoria's Secret gremlin lair! Adam and Becca go back to the early 2000s to tell the story of the rise and fall of this retail behemoth and the corporate crooks who drove it into the ground.  CW: Sexual Assault, Suicide  Join us on Patreon for bonus episodes and the aftershow Pics from this episode on Substack Watch on YouTube Thanks to our sponsor, Manager Method. Use code GOSSIP for 10% off!  Visit the Pullman National Historical Park  Email our good news correspondant with tips: [email protected]  Timestamps:  00:00 - Intro & Ed Razek's creep club  16:30 - The toxic culture inside Victoria's Secret  25:00 - Les Wexner's childhood & mommy issues 42:00 - Jack Fucking Welch shows up!!! The fall of Victoria's Secret  Links:  Selling Sexy: Victoria's Secret and the Unraveling of an American Icon 'Angels' in Hell: The Culture of Misogyny Inside Victoria's Secret The Mogul and the Monster: Inside Jeffrey Epstein's Decades-Long Relationship With His Biggest Client

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• [Patreon Exclusive] Scams in the Manosphere part 2: Tai Lopez's Ponzi Scheme

  Listen to the full episode on Patreon. Join today at the Murdoch's Mates level and get FOUR bonus epiosdes every month plus the Corporate Gossip Book Club and group chat!  On a chilly October night, I like to cuddle up with a good ponzi scheme. It's my comfort fraud Links: 'Do You Believe I'm a Scam? Haha' Tai Lopez became YouTube famous promising men they too could own a Lamborghini. Then came the alleged Ponzi scheme. Tai Lopez's RadioShack Ponzi Scheme Read the SEC complaint This Clown Is Still Around its always the guy you suspect the most

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