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Tiger Global, Coatue, and other hedge funds tried to upend venture capital. It backfired and now they're 'licking their wounds,' VCs say.

Por: Business Insider Business November 14, 2022

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As 2022 rolls to a close, the statistics are clear: So-called crossover investment firms like Tiger Global and Coatue Management — which whipped the venture-capital industry into a dealmaking frenzy in 2021 — slammed on the brakes this year.Their 2022 retreat demonstrates that crossover firms, which are venture funds run by hedge-fund firms, don't fully understand the venture-capital industry, some traditional VCs insist.Tiger's... + full article



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