One way to see how private companies are faring is to look at secondary exchanges.
The fallen giants are led by former fintech darling Plaid, which has plunged almost 80% in 2023.
The fallen giants are led by former fintech darling Plaid, which has plunged almost 80% in value this year.
"Suggesting a valuation of any private company based solely on thinly traded secondary market data is misleading clickbait," said a Plaid spokesperson.
Below are the 20 companies that have fallen most in value this year, according to Caplight.
Persons:
Buyers, Caplight, Javier Avalos, Avalos, Gabe Greenbaum
Organizations:
Plaid, B
Locations:
Caplight