Tintri And Blue Apron Ipos Replicate High Personal Market Valuations

For both companies, some private investors are now underwater.
Tintri, which sells to large enterprises, and Blue Apron, a meal kit delivery business for consumers, have almost nothing in common.
Blue Apron had planned to price at $15 to $17, but ended up on Wednesday evening at $10.
First Blue Apron, now Tintri.
Except that both grew rapidly fueled by venture capital, and sold shares this week to an investor base skeptical of emerging tech brands.

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