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When Business is a Cult - Corporate Law

Summary by Jotwell
Bridget Read, Little Bosses Everywhere: How the Pyramid Scheme Shaped America (2025). Ann Lipton Recent high-profile business implosions such as FTX and WeWork introduced the world to the notion of the business cult. In these firms, a charismatic founder created pressure-cooker working conditions where dissent was stifled and a grandiose business philosophy – such as the “We” in WeWork and the effective altruism of FTX – fueled employee devotio…
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Jotwell broke the news in on Wednesday, July 30, 2025.
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