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Hedge Fund Backed Databricks Cuts Its Valuation

Five high-profile hedge fund firms or their VC arms have made multiple investments in the company.

Another highly valued private company with heavy hedge fund ownership has marked down its valuation.Databricks has cut its internal share price by 7 percent to $55.77 from $59.95 a year ago, according to The Information, citing a person familiar with the matter. This translates to a reduction in its overall

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