Tiger Global marked down the value of its investments in private companies by about 33% across its venture-capital funds in 2022. The markdowns erased $23 billion in value from Tiger’s giant holdings of startups.
Tiger Global marked down the value of its investments in private companies by about 33% across itsThe markdowns erased $23 billion in value from Tiger’s giant holdings of startups around the globe, one of the
people said. Its private portfolio includes big bets on hundreds of companies including TikTok parent ByteDance and payments company Stripe. In the fourth quarter, Tiger’s newest venture funds lost between 9% and 25%.
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