Fidelity Slashes More Startup Valuations

Fidelity Investments has once again broken out the red pen for many of its privately-held portfolio companies. Zenefits got marked down substantially whereas Blue Bottle Coffee which was the only company to gain in value,  was up 13.33%. It is important to realize that monthly markdowns do not necessarily correspond to how Fidelity is fairing on its investments. Read More>>

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