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THE MONEY TRAP

Alok Sama

Lost Illusions Inside the Tech Bubble

A gripping and entertaining memoir that shines a rare light on an industry that is disrupting our lives.
Veteran Morgan Stanley banker Alok Sama thought he'd seen it all. Then he found himself chief dealmaker at the most influential technology investor in the world - SoftBank, the backer of Arm Holdings, Yahoo, Nvidia, TikTok, Uber, T-Mobile, Alibaba and WeWork. The Money Trap is Sama's thrilling, stranger-than-fiction personal odyssey featuring his experiences alongside SoftBank's iconic founder, Masayoshi Son, a visionary maverick who wants to be remembered as "the crazy guy who bet on the future" and whose mission is "happiness for everyone." Sama takes the reader on a wild journey as he consorts with A-list CEOs and heads of state, and negotiates mega-deals on a Gulfstream jet, Son's sanctuary with its exquisite Japanese garden, and a waterside restaurant in the Turkish Riviera - all while contending with a mysterious dark-arts smear campaign that takes a toll on his private life. This fascinating and humorous saga provides a unique insider perspective on the insanity of high finance and venture investing. Written with self-deprecating wit, unflinching honesty and searing introspection, The Money Trap is ultimately a morality tale: in life, as in technology investing, more money isn't always the answer. Alok Sama is the former President & CFO of SoftBank Group International. He previously served as a Managing Director at Morgan Stanley, and has worked in finance and technology for over thirty years in New York, San Francisco, London and Hong Kong. Sama holds an MBA from The Wharton School and an MFA in Creative Writing from New York University. The Money Trap is his first book
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Published 2024-09-19 by St Martins Press

Comments

A vivid and intimate story of an insider's rise to power in the world of money - and his search to find his own peace and freedom.

A fascinating story about money, power, and the culture of the rarified group of people who wield it... an entertaining and illuminating memoir about what it's like to find yourself in the room as some of the biggest deals in history are being made.

Witty, incisive, and introspective, a genuine pleasure to read... a simultaneously funny and eye-opening memoir, a rare window into a world most only hear about.

Sama writes with authority and panache, humor and outrage, and above all knowledge. (Imagine Michael Lewis had been President of SoftBank.) This man knows a lot, and he's willing to share - and to make sure you have a great time as he does. If this book doesn't become a bestseller, the world truly makes no sense.

A rollicking, revealing, and deeply personal memoir of a banker and corporate consigliere at the very top of his game... a must-read for anyone hoping to understand how power is wielded in corporate boardrooms. I couldn't put it down.

An existential and exquisitely satisfying business thriller... a wonderful story that begins with big business and big deals and ends with the biggest question: what does it mean to be a person? Sama brings a pure writerly eye into rooms and situations never before captured in print. This is a thrilling and important book: the incredible thing is that it's all true.

A riveting page-turner about the world of technology and dealmaking told by an insider... an immigrant's story with something significant to say about class, character, identity, family, and perhaps more than anything, the search for happiness.

Chinese Complex: Delight Press