Two investors in Jawbone are now valuing their shares in the fitness device maker at less than half their original purchase price, after taking big new writedowns on their stakes in recent months, according to public filings.
The investors, BlackRock and Firsthand Technology Value Fund, are among several shareholders in Jawbone that have marked down the value of their equity stakes in the company for at least the second time since the end of June. An earlier, smaller, set of writedowns was reported in September by The Wall Street Journal.