For the past couple of years, Silicon Valley's vast constellation of startups, investors and entrepreneurs revolved around one giant sun: SoftBank.
One person who will most likely feel the effects of WeWork's shrinking valuation is founder and CEO Adam Neumann.
While we don't have the exact details on Neumann's stake in WeWork, the company's prospectus provides some insight into how much Neumann stands to lose if WeWork's valuation is slashed from $47 billion to $15 billion. As Julie Bort writes, Neumann's fortune could be a couple of billion dollars smaller — but he'll still be worth billions.What's next for IBM
Seven years into her stewardship of IBM, CEO Ginny Rometty has made some bold bets, such as the $34 billion acquisition of Red Hat. She's also developed a deep bench of talent from inside and outside the company. And while there are no signs that the 62-year-old Rometty plans to retire anytime soon, there's already speculation about who might eventually succeed her in the top job.
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