Tiger Global's Struggle to Raise Funds Amid Tech Valuation Concerns
TL;DR Summary
Tiger Global Management has raised $2.7 billion for its new investment fund, which is 55% less than its $6 billion goal set last fall and 79% less than its prior investment fund raised early last year. The firm continues to raise more capital. Other key "megafunds" have also set lower targets or raised significantly less than planned due to falling valuations of mature startups and investor skepticism.
- Tiger Global Raises $2.7 Billion, 55% Less Than Target Set Last Fall The Information
- Tiger Global falling short in latest fundraising push Financial Times
- Tiger Global Struggles to Attract Investors for $6 Billion Fund Amid Tech Valuation Concerns - Equitypandit EquityPandit
- Tiger Global struggles to attract investors for $6 billion fund amid technology valuation concerns Moneycontrol
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