(Bloomberg) -- Fidelity Investments slashed the value of its holdings in several corporate software startups in January, while taking a more optimistic view of private consumer-technology companies such as Snapchat Inc. and Uber Technologies Inc.
Despite the dismal climate, Fidelity didn't write down every enterprise startup. For example, the fund manager kept the value of its shares in Cloudera Inc., a Silicon Valley Big Data company, unchanged in January.
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