Tech companies lost $17 billion in Q1 as equity investments take a hit
An electric Amazon delivery van from Rivian cruises down the street with the Hollywood sign in the background.AmazonThe tech sell-off of 2022 accelerated in the past couple weeks, with first-quarter earnings reports highlighting challenges like inflation, supply chain shortages and the war in Ukraine.For some tech leaders, the market swoon has created a double whammy. In addition to grappling with their own operating headwinds, they were among the most active investors in other companies during the extended bull market,…