![]() Uber, the $62 billion ride-hailing startup, and home-sharing service Airbnb both got a 6% valuation haircut.Īnd T. ![]() But it's even lower than what they paid back in 2011 ($9.05 a share), Lee reports. That's a 59% cut from what investors paid for a round in 2014, which valued the privately held company at $10 billion. The mutual-fund manager took an ax to Dropbox in particular, valuing the company at $7.91 a share, reports Alfred Lee at The Information. Rowe Price just marked down its holdings in a bunch of hot tech startups, another indication that last year's sky-high billion-dollar valuations for startups are falling back to earth.
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