Big investors have been slashing valuations on stakes in private companies like Palantir and Airbnb. Here's why some 'mature unicorns' are in a tricky spot and could keep sinking.
Published
· Some of the world's most well-known private companies have lost value since the pandemic's start, according to their mutual-fund backers, securities filings show.
· Even before the pandemic hit, a survey of venture capitalists found that a majority believed unicorns were "significantly" overvalued.
· Bankers and...