Details on the ex-CEO of Roivant and his new book

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In January 2021, after accumulating a net worth of several million dollars, Vivek Ramaswamy stepped down as CEO of his biotech company, Roivant Sciences, and wrote a book titled Awakened, Inc.

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Why? He is interested in “awakened” politics in corporate boards and hopes to do with “the awakening church” what The Boston GlobeThe Spotlight investigative team did it at the Catholic Church, as it recently said The Wall Street Journal.

“I am a whistleblower, not a journalist,” he added. “But the analogy with the church is strong… In the case of my book, the child I am concerned about is American democracy.” According to Ramaswamy, the revival was a “lifeline” for the big banks. “A bunch of big banks got together with a bunch of millennials, gave birth to awakened capitalism, and then brought Occupy Wall Street up for adoption,” he explained. “And now” big companies are making money by criticizing themselves. “

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Ramaswamy has gone from investing in biotechnology to successful IPOs

As The Wall Street Journal reported, Ramaswamy grew up in suburban Ohio, honing his belief system as the only Hindu student at the Catholic school his parents transferred him to after being attacked by an ‘anti-performing’ classmate in public school. Although raised by a liberal father, Ramaswamy identified himself as a libertarian in high school and as a conservative while studying biology at Harvard University.

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In 2014, Ramaswamy founded Roivant, and in 2015 he was behind the largest biotech IPO in the United States when Roivant’s Axovant Sciences raised $ 360 million, according to Forbes. The following year, Myovant Sciences de Roivant raised $ 218 million when it went public. According to Celebrity Net Worth, Ramaswamy has a net worth of $ 500 million.

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Now, with his new book, Ramasawamy denounces “stakeholder capitalism”

Ramaswamy resigned as CEO of Roivant in January 2021 and became executive chairman of the company, telling shareholders his “growing public engagement” influenced his decision, BioSpace reported. Now he’s got a new book Woke, Inc .: Inside America’s Corporate Social Justice Scam, presented as a critique against “stakeholder capitalism” and the mixture of morality and consumerism.

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In the book, Ramaswamy accuses companies like Coca-Cola and Delta Airlines of capitalizing on grassroots social justice movements, according to the Daily mail. “Here’s how it works: pretend you care about something other than profit and power, precisely to gain more from everyone,” he writes.

In this scenario, Ramaswamy adds: “Businesses win. The awakened activists win. Celebrities win. But the losers in this game are the American people, including both the sincere progressives who are used as pawns and the everyday conservatives who are silenced, our hollowed out institutions and American democracy itself. “

His solution? A “shared American identity that is so deep and so powerful that it dilutes wokeism until it is no longer relevant …



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