Tiger Global Writes Down Venture Funds’ Bets by 33% in 2022
The markdowns erased $23 billion in value from its portfolio of startups
Am I the only one who's shocked by how small the write down is? I was expecting more in the neighborhood of 45-50% after learning about some of the valuations they've bought into in the past couple of years.
Maybe they write down in tranches
Tiger Global is one trick pony
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