Tiger Global Management’s biggest venture fund has seen an 18% paper loss for investors, according to anonymous sources, after a string of write-downs for multiple holdings.
![Chase Coleman, co-founder of Tiger Global, navigates valuation adjustments amidst challenges in the venture fund portfolio. PHOTO: Amanda L. Gordon/Bloomberg](https://krugmaninsights.com/wp-content/uploads/2023/12/1200x880-1024x751.webp)
The firm, which manages approximately $50 billion, has reduced valuations for several portfolio companies, leading to the loss. Among the firms affected by the write-downs are AI-powered