Tiger Global’s risky billion-dollar investments in global tech startups

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The Covid-19-era bubble had not yet burst when the CEO sat down to write an email, hoping to woo Tiger Global.

It was early on in the pandemic, and he was running one of India’s buzziest startups: a tech unicorn that, like so many around the world, had been suddenly flooded with venture capital. “Everybody saw that we were a hot company,” he said, requesting to go by the pseudonym John. Like other sources in this story, he spoke with Rest of World on the condition that he and his…



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Tiger Global’s risky billion-dollar investments in global tech startups


The Covid-19-era bubble had not yet burst when the CEO sat down to write an email, hoping to woo Tiger Global.

It was early on in the pandemic, and he was running one of India’s buzziest startups: a tech unicorn that, like so many around the world, had been suddenly flooded with venture capital. “Everybody saw that we were a hot company,” he said, requesting to go by the pseudonym John. Like other sources in this story, he spoke with Rest of World on the condition that he and his…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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