Most notably, it invested in private shares of Facebook (FB, Tech30) in March 2011, more than a year before Facebook started trading as a public company.
Fidelity has also taken part in venture capital rounds of financing for Pinterest in 2013 and Uber last year.
Both of those companies are often discussed as potential candidates for an initial public offering. That would give Fidelity an easy way to cash in on its early-stage invesments if it wanted to do so.
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