Business
Global high-intensity tiger exposed by unraveling huge tech bet
Tiger Global Management has driven the technology boom like no other investment firm. It funded more startups than any other US investor when the market peaked last year, and has tens of billions of dollars in pensions, grants and wealthy clients thanks to it. some of Silicon Valley’s hottest stocks.
With technology value plunges, the New York company was modest. The market roadmap has evaporated years of gains in just a few months, raising the question of Tiger’s big bet.