Tag: Snapchat

Not All Facebook Friends Are Real [STUDY]

Not All Facebook Friends Are Real [STUDY]

Facebook, the most preferred social network across the world, has more than a billion users, and there are users who have more than 1,000 connections. But those are not all friends, claims a new study, which says a person cannot […]

2015 In Review: The Year Of The Unicorn

2015 In Review: The Year Of The Unicorn

2015 In Review: The Year Of The Unicorn by Kyle Stanford, PitchBook Down the road, 2015 may well be remembered as the Year of the Unicorn. More companies achieved the coveted $1 billion+ valuation in 2015 than any year before, with […]

Mutual Funds Mark Down Unicorns. So What?

Mutual Funds Mark Down Unicorns. So What?

Mutual Funds Mark Down Unicorns. So What? by Nizar Tarhuni, PitchBook There’s been quite a storm set off with recent media reports covering the markdowns that Fidelity Investments has undertaken for private companies in its mutual funds. A couple of the notable […]

Fidelity Writes Down High Flying Tech Start-Ups

Fidelity Writes Down High Flying Tech Start-Ups

Mutual-fund group Fidelity Investments, one of the most high-profile early-stage tech investors (and asset managers), has written down the value of its holding in Snapchat by 25%, raising questions about the valuations of privately-held tech companies. According to data from Morningstar, […]

Data via S&P CapIQ

Fidelity Marks Down Snapchat Stake By 25%

A major investor in Snapchat has written down the value of its stake in the popular mobile app, which allows users to send and receive disappearing photos. Fidelity Investments is the only fund manager to invest in the app, and […]