Saying yes, the Tiger Global way
The hedge fund is bringing a public market investing style to the traditional, private venture investing business in India.
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Editor's note: It would seem that in 2021, 72 hours is all it takes Tiger Global Management to decide if it is investing $20 million or less in your startup. Anything longer, and chances are that Tiger isn’t interested and your hopes will be a million shattered pieces. What does one say except that these are incredible times. Even with a pandemic, which seems to be going nowhere but is eager to take us with it, without guilt or malice, it is remarkable that India’s startup ecosystem is several degrees removed from either worry or pain. In fact, it is in the best shape it has ever been. Nowhere is this more visible than in the blitzkrieg of funding announcements. It’s as if someone up above has opened the money tap and has been busy creating unicorns, because creating humans isn’t much of a lucrative business opportunity these days. The one above may as well be Tiger Global. And the two gentlemen running the show in India, sitting oceans away in the US, are Scott Shleifer and John Curtius. Word on the …
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