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Product details
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Audible Audiobook
Listening Length: 7 hours and 28 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Tantor Audio
Audible.com Release Date: March 19, 2008
Whispersync for Voice: Ready
Language: English, English
ASIN: B00169X1K0
Amazon Best Sellers Rank:
The book tells the story of two childhood friends who created a travel-booking website called Travelscape and how they sold it to Expedia for millions, and then used the proceeds to buy the Golden Nugget in downtown Las Vegas, and sell it a year later for a 116 percent profit.One third of the book is dedicated to the Travelscape deal. Even though it is a very interesting entrepreneurial story, many readers will think this is just a "filler" for the book.There are a few stories of the "whales" going to the casino, I liked those and for me these are the highlight of the book.The real question remains, are Tim and Tom really great entrepreneurs or they were just lucky? They were in the middle of a war betweek the owners of the Station casinos and their Texan cousin that wanted to buy the Golden Nugget just to say he had a casino. They held the Golden Nugget for only one year, so it is hard to say if they would stand the test of time as casino owners.The book is well edited, but the author keeps putting his partner, Tim, on a pedestal, and this is sometimes annoying. Also, he flunked geography (says his sister was adopted from "Columbia;" of course the correct name for the country is Colombia), biology (says that the prostrate is part of the urinary system, while it is part of the reproduction system; he wanted to say "bladder"), and math (says he had a profit of 226 percent with the sale of the Golden Nugget, while his profit was of 116 percent).But, the duo pocketed USD 113 million with the sale of the Golden Nugget (USD 56.5 million per partner), at least gross (the author didn't say how much he pocketed after taxes), so who am I to say they were "wrong"...
Very interesting book. Keeps moving along and most parts are interesting enough to keep you turning pages. I started this book on a 2 hour flight and didn't end up putting it down until I finished it that night before falling asleep. Made for a late breakfast the next day, but was well worth it. Sometimes lightening strikes twice for some people when it comes to luck with financial situations. It's like they hit the lottery twice by accident. Some interesting tie-in's late in the book with reality stars who have their own TV shows now, but not when the book was put out.
This book had the potential to be very good - the story was interesting, the backdrop was the Internet Boom and Vegas, and the main characters were fairly original. However, as a result of the puff piece writing, this turned out to be one of the worst "memoirs" (if you can even call it that) I have ever read.The major problem with this book is that it just skims over the real interesting parts of the story. For example, these two guys purchase the Golden Nugget, which is inherently interesting. Unfortunately, the author spends no more than 4 pages discussing exactly how the multi-million dollar deal went down. It was like giving a Cliff Notes version of the critical part to this story.In addition, Fussman feels the need to remind the reader of the great friendship the two main characters have no less than 200 times during the course of the book. Ok, we get it. They are good friends. The problem is that Fussman barely spends time discussing the real fights they have (as any partnership does) and the most time discussing one fight is about when one of the guys dates Jamie Pressly.Finally, the name dropping in this book is beyond absurd. Again, we get it - we know these guys know celebrities but the constant references to "we were having dinner with Tony Bennett and....." is annoying.In all, the overall story is interesting but a story this good deserved to be told by a much better author.
Although this book may not be an authorative piece on fine Las Vegas history. I did find it to be a good read on 2 guys that started as friends, and made money during the internet boom, by selling their travel ideas. It is an easy read, easy to understand and follow. I often wonder about downtown Las Vegas, and purchased this book. It gave me some insight about being a casino owner in modern day America. Or at least during the period of which it was written (pre-recession).You may not like this book if you are a history buff, but if you are a common person, like myself. Then you may find this book as entertaining and informative as I did. I enjoy walking by a place and saying to others... "you wanna know a thing or two about this place?" I may not be 100% accurate, but I am at least informed and if others have feedback or more knowledge about something. Then by all means, I sit back and listen. I am then thankful to have learned something and become that more knowledgeable on a given subject.
Tim and Tom are best friends who first take a piece of the internet bubble and then a piece of Las Vegas.I was very skeptical when I picked up this book. My assumption was that is was going to be a feel good story about how two guys conquered the world. I had watched their "reality" television show and assumed the book would be the same canned prefabricated dribble. Instead, I was rather surprised by a decent story with some interesting turns.Starting with the bad, the writing is not going to win any awards. It was written very conversationally, which makes it a quick read. Tom excessively goes into detail about how him and Tim were such good friends - I figured it out in the first chapter, but yet was reminded of it throughout the book. The name dropping is a little much at times. Also, the book is largely optimistic and rarely points out negatives in people.As for the good, I would almost consider this a legitimate business book. It goes into detail about owning an internet based business through the bubble, and then of course owning the Golden Nugget. Probably the best part of the book was the discussion of negotiations for both. I came away from the book liking Tim and Tom. I had a terrible impression of the two based on the television show. Tom goes into detail about the show, and I have a new opinion of them based on it.
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