Don’t be afraid of Fidelity’s recent startup write-downs

GUEST: [Disclosure: Sohail Prasad is a prior investor in Zenefits, which is a recipient of a write-down. No non-public information is disclosed in this article, nor are we receiving compensation for writing this article.] Over the last few days, nearly every financial and tech publication has reported that Fidelity and Blackrock have written down their holdings […]...