Snap, Blue Apron Shake Confidence in Startup Valuations

by | August 1, 2017 4:59 pm

Snap Inc. SNAP -2.23% and Blue Apron Holdings Inc. APRN -0.92% were supposed to herald a return of the great technology IPO. They have instead become vehicles of market dismay. Both companies now trade well below their initial public offering prices. More disturbingly for venture-capital investors, those prices are below what some paid for their…

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