T. Rowe Price marked a bunch of companies down Uber 6% Airbnb 6% Dropbox 16% (59% down from 2014 round) Cloudera 37% Plex Systems 33% Upwork 29% MongoDB 23% Lookout 16% Flipkart 15% Apptio 15% Houzz 12% Warby Parker 11% Doximity 11% Evernote series 1 shares 75%
They don't have public stocks so did TRow mark down their valuation?
The valuation they use to value the equity.
Pinterest not on the list?
Jeez!!
This looks correct if not conservative
I am surprised that Uber's write down isn't larger.
The start of the bursting of the great unicorn bubble
Please send uber home already. It's just a bunch of Kool aid drinking kids on hangover
Reasoning?
Your guess is as good as mine. But they have access to the financials, we don't.