Tiger Global's Control

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The entire way Silicon Valley works is being upended by a small group of extremely aggressive wall street hedge fund managers. Tiger Global has rewritten the playbook for startup investing and late stage venture capitalists are hurting. The good news is that nearly all startups and entrepreneurs stand to benefit from this shift. It’s a great time to start a company and work on a massive problem, the money will definitely be there to help you grow.

KEY SOURCES:

The Information (Paywall): https://www.theinformation.com/articl...
Everett Randle: https://randle.substack.com/p/playing...

ABOUT TIGER GLOBAL:

Tiger Global Management, LLC (Tiger Global) is an American investment firm. It mainly focuses on internet, software, consumer, and financial technology industries.

Chase Coleman III was a protégé of Julian Robertson and from 1997 to 2000 worked as a technology analyst for the firm, Tiger Management. In 2000, Robertson closed Tiger Management, and entrusted Coleman with over $25 million to manage, making him one of the 30 or more so-called "Tiger Cubs", fund managers who started their fund management careers with Tiger Management.

In 2001, Coleman established Tiger Technology (which would be later renamed to Tiger Global Management, LLC), as a hedge fund to invest in the public equity market. In 2003, Tiger Global expanded into investing in the private equity market.

From the period of 2007 to 2017, according to the Preqin Venture Report, Tiger Global raised the highest amount of capital amongst venture capital firms.

In 2020, Tiger Global earned its investors $10.4 billion, more than any other hedge fund on the annual list of the top 20 managers compiled by London fund-of-funds firm LCH Investments.

Tiger Global has two strategies that each manage roughly the same amount of capital.

The public equity business uses equity strategies to invest in publicly traded companies. Its notable funds include Tiger Global Investments (the firm’s flagship long-short fund) and Tiger Global Long Opportunities (long-only).

The private equity strategy targets growth-oriented private companies from early to late stages, with an emphasis on businesses based in the U.S., China and India. Tiger Global is estimated to invest around 30% of its capital in early stage (Series A and B) startups, and 20.5% directed toward Series C startups.

Tiger Global is based in New York with affiliate offices in Hong Kong, Beijing, Singapore and Bangalore.

ABOUT JOHN COOGAN:

I am the co-founder of http://soylent.com and http://lucy.co, both of which were funded by Y Combinator (Summer 2012 and Winter 2018).

I've been an entrepreneur for nearly a decade across multiple companies. I've done a lot of work in silicon valley, so that's mostly what I talk about. I've raised over 10 rounds of venture capital totaling over $100m in total funding.

I work mostly in tech-enabled consumer packaged goods, meaning I use software to make the best products possible and then deliver them to the widest possible audience. I'm a big fan of machine learning, python programming, and motion graphics.

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CONTACT:

You can get in touch with me via Twitter:   / johncoogan  

Disclaimer: This video is purely my opinion and should not be regarded as a primary source. I am not a financial advisor and this is not a recommendation to buy or sell securities. Always do your own due diligence.