Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<keyword id="526777" type="UNKNOWN" weightage="100" keywordseo="Tiger-Global">Tiger Global</keyword> Management, the largest investor in Indian e-commerce major Flipkart, has reduced its stake in its US rival Amazon by nearly 67% in the quarter that ended in March 2016. 
 
Not only this, the stake in Chinese etailer JD.com has also been reduced by nearly 25%, and the minority stake in Alibaba, which backs another Indian e-commerce firm Paytm, has been dissolved. 
 
Amazon, which was Tiger Global's second-largest public holding, made it lose 22% in the first three months of 2016, given that its shares dipped by 12% during the period. 
 
However, after that, Amazon shares have risen significantly because of strong financial results and record profit in the quarter that ended in March, which even resulted in its stock touching its all time high price of $720.6 on May 12. 
 
India’s top three e-commerce firms, Amazon India, Flipkart and Snapdeal, are all battling for market leadership these days, having spent billions of dollars on marketing, strengthening their supply chains and acquiring customers with predatory discounts.Flipkart’s biggest investor has reduced its stake in Amazon by 67% 
 
Tiger Global Management, the largest investor in Indian e-commerce major Flipkart, has reduced its stake in its US rival Amazon by nearly 67% in the quarter that ended in March 2016. 
 
Not only this, the stake in Chinese etailer JD.com has also been reduced by nearly 25%, and the minority stake in Alibaba, which backs another Indian e-commerce firm Paytm, has been dissolved. 
 
Amazon, which was Tiger Global's second-largest public holding, made it lose 22% in the first three months of 2016, given that its shares dipped by 12% during the period. 
 
However, after that, Amazon shares have risen significantly because of strong financial results and record profit in the quarter that ended in March, which even resulted in its stock touching its all time high price of $720.6 on May 12. 
 
India’s top three e-commerce firms, Amazon India, Flipkart and Snapdeal, are all battling for market leadership these days, having spent billions of dollars on marketing, strengthening their supply chains and acquiring customers with predatory discounts. 
 
<a href="http://www.todayonline.com/sites/default/files/styles/photo_gallery_image_lightbox/public/2016-02-05T174345Z_1_LYNXNPEC1412T_RTROPTP_3_AMAZON-RESULTS.JPG?itok=6XYIxF3C">Image source</a>

Flipkart’s biggest investor has reduced its stake in Amazon by 67%

<ul><li style="list-style-type: none;"><ul class="summary-list"><li><keyword id="11893278" type="UNKNOWN" weightage="60" keywordseo="tiger-global" source="Orion">Tiger Global</keyword> went on a dealmaking tear with 335 investments in 2021, Crunchbase showed.</li><li>The firm's aggressive investing strategy mixed fast cash and a hands-off approach, founders said.</li></ul></li></ul>It's no exaggeration that in the world of <keyword id="11897927" type="UNKNOWN" weightage="60" keywordseo="venture-capital" source="Orion">venture capital</keyword>, 2021 was the year of Tiger Global. The global hedge fund made its mark with a feverish investing pace that won it some of the year's <a href="https://www.businessinsider.com/tiger-global-hedge-fund-startup-investments-2021-5?r=tiger-lp">biggest venture-capital deals</a>. For instance, it led rounds in <a href="https://markets.businessinsider.com/news/stocks/patreon-fuels-the-future-of-the-creator-economy-with-155-million-in-additional-funding-1030281273?r=tiger-lp">Patreon</a>, a content-creator subscription platform; <a href="https://www.businessinsider.com/hinge-health-most-valuable-healthtech-raised-300m-pitch-deck-2021-1?r=tiger-lp">Hinge Health</a>, a healthcare startup; and <a href="https://www.prnewswire.com/news-releases/side-real-estate-technology-company-raises-another-50m-more-than-doubling-valuation-to-2-5-billion-three-months-after-becoming-unicorn-301321203.html">Side</a>, a real-estate tech company. The firm's approach involved a mix of offering huge amounts of cash to startups in hot sectors, such as crypto and fintech, and a brisk pace of dealmaking that left many of Silicon Valley's biggest venture firms in the dust. Tiger made <a href="https://news.crunchbase.com/news/growth-equity-investors-startups-vc-tiger-global-insight-softbank/">335 total investments</a> in 2021, more than marquee VC firm Andreessen Horowitz, Crunchbase showed. That frenzied pace fueled a competitive market for investors, which boosted valuations of startups across the board to <a href="https://pitchbook.com/news/articles/us-venture-capital-valuation-trends-charts">levels not seen before</a>.Startups that chose to accept investments from Tiger Global <a href="https://www.businessinsider.com/startup-founders-tell-why-tiger-global-wins-so-many-deals-2021-8?r=tiger-lp">told Insider</a> they liked the firm's fast-paced dealmaking and relatively hands-off approach. Unlike other VCs, Tiger rarely takes board seats, they said. Late-stage startup founders, in particular, said they preferred the capital instead of advice.But not all VCs think the changes are for the best. Some <a href="https://www.businessinsider.com/wesley-chan-vc-market-in-danger-tiger-global-andreessen-horowitz-2021-11">top VCs think</a> the incentives get skewed when venture capitalists have billions under management, with firms — including Andreessen Horowitz, Insight Partners, and Sequoia — closing multibillion-dollar funds this year.Needless to say, Tiger's approach to venture investing <a href="https://www.businessinsider.com/how-tiger-global-eclipsed-softbank-to-become-a-global-behemoth-2021-8?r=tiger-lp">threw out</a> the traditional VC rulebook and forced the industry to rethink how it does deals going forward. Yet, there's no sign of that dealmaking stopping. Tiger Global has already closed on an enormous, new $8.8 billion fund, its biggest venture fund ever, <a href="https://www.bloomberg.com/news/articles/2021-10-25/tiger-global-raises-8-8-billion-in-first-close-of-biggest-fund?sref=ipW5reFz">Bloomberg</a> reported. That's on top of a $6.7 billion venture fund it raised in March, and a previous $3.75 billion fund from early last year. Read more on how Tiger Global shook up the venture-capital ecosystem: <ul><li><a href="https://www.businessinsider.com/how-tiger-global-eclipsed-softbank-to-become-a-global-behemoth-2021-8">Hedge fund Tiger Global is blowing up the unwritten rules of startup investing right now with its speed, tons of cash, and hands-off approach</a></li><li><a href="https://www.businessinsider.com/startup-founders-tell-why-tiger-global-wins-so-many-deals-2021-8?r=tiger-lp">How Tiger Global is beating other VCs, according to 6 startup founders who took its deals</a></li><li><a href="https://www.businessinsider.com/tiger-global-is-a-big-investor-in-softbank-insider-says-2021-10?r=tiger-lp">Tiger Global is one of the largest shareholders in SoftBank, and the two are doing more mega VC deals together, an insider says</a></li><li><a href="https://www.businessinsider.com/tiger-global-john-curtius-startup-employees-stock-pay-warning-2021-11?r=tiger-lp">Top Tiger Global dealmaker John Curtius has a stark warning for startup employees about their stock pay</a></li></ul><h3><div type="image" title="Hive cofounders, wearing grey vests, posing against boxes and wooden pallets" height="1331" width="2662" msid="88594976" hostid="261"></div></h3><h2>Founders were shocked and awed</h2>Many startup founders are often shocked and awed by the speed and ease at which the global investment firm opens its mighty war chest.That's because Tiger typically does all of its due diligence on companies beforehand, giving it the upper hand. That was the case with the logistics startup Hive in Berlin, where Tiger led a $34 million Series A, <a href="https://www.businessinsider.com/logistics-startup-hive-series-a-tiger-global-activant-2021-11?r=tiger-lp">said Franz Purucker</a>, the company's chief strategy officer. The hedge fund also did its homework on the email startup Superhuman. CEO Rahul Vohra said <a href="https://www.businessinsider.com/how-startup-superhuman-raised-75-million-from-tiger-global-ivp-2021-8?r=tiger-lp">all it took was a phone call</a> with John Curtius, the head of Tiger's software-investing practice. Two days later, Tiger had invested in Superhuman's $75 million round. Other founders recounted getting deals in a matter of hours or <a href="https://www.businessinsider.com/pitch-deck-that-convinced-tiger-global-to-invest-33-million-2021-9?r=tiger-lp">sometimes even minutes</a>.Read more on startup founders and their deals with Tiger Global:<ul><li><a href="https://www.businessinsider.com/tiger-global-john-curtius-scott-shleifer-startup-founders-miami-2021-11?r=tiger-lp">Tiger Global dealmakers Scott Shleifer and John Curtius are winning over Miami startups. The latest is QuickNode.</a></li><li><a href="https://www.businessinsider.com/how-startup-superhuman-raised-75-million-from-tiger-global-ivp-2021-8?r=tiger-lp">Superhuman CEO Rahul Vohra explains how Tiger Global's John Curtius is very different from other VCs</a></li><li><a href="https://www.businessinsider.com/crypto-startup-moonpay-buying-nfts-tiger-global-coatue-2021-11?r=tiger-lp">How the CEO of Tiger Global-backed crypto startup MoonPay is planning to make NFTs mainstream by making them easier to buy</a></li><li><a href="https://www.businessinsider.com/why-insight-partners-and-tiger-global-invested-in-versatile-2021-9?r=tiger-lp">How a female construction tech founder convinced two powerful VC firms, Insight Partners and Tiger Global, to invest $80 million</a></li></ul><div type="image" title="Revolut CEO Nikolay Storonsky speaks onstage during Day 2 of TechCrunch Disrupt SF 2018 at Moscone Center on September 6, 2018 in San Francisco, California." height="2739" width="5478" msid="88594981" hostid="261"></div><h2>Every market. Every stage.</h2>Tiger made a total of 335 investments in 2021, making deals every four out of five working days, Crunchbase showed. And that meant it doled out funds across a host of startups in every stage in sectors such as <a href="https://www.businessinsider.com/digital-health-startups-backed-by-tiger-global-management-2021-3?r=tiger-lp">digital health</a>, <a href="https://www.businessinsider.com/revolut-fintech-valuation-33-billion-tiger-global-softbank-800-million-2021-7?r=tiger-lp">fintech</a> and <a href="https://markets.businessinsider.com/news/currencies/amber-group-bitcoin-crypto-startup-investment-tiger-global-coinbase-2021-6?r=tiger-lp">crypto</a>.Read more about the funding rounds that Tiger took part in:<ul><li><a href="https://www.businessinsider.com/ultrafast-delivery-service-jokr-raises-funding-over-1-billion-valuation-2021-11?r=tiger-lp">Jokr CEO lays out his growth strategy after the ultrafast delivery startup raises $260 million from Tiger Global, GGV, and other investors</a></li><li><a href="https://www.businessinsider.com/qonto-bank-fundraise-tiger-global-4-4-billion-valuation-2021-11?r=tiger-lp">Challenger business bank Qonto is close to a $5 billion valuation with a new funding round led by Tiger Global</a></li><li><a href="https://www.businessinsider.com/easol-25-million-from-tiger-and-y-combinator-2021-12?r=tiger-lp">Tiger Global and Y Combinator have backed a $25 million round into travel and event-booking startup Easol</a></li><li><a href="https://www.businessinsider.com/fintech-publiccom-valued-at-about-12-billion-in-round-led-by-tiger-2021-2?r=tiger-lp">Tiger Global is leading a massive $200 million investment in Robinhood competitor Public.com at about a $1.2 billion valuation, quadrupling the company's value in just 2 months</a></li><li><a href="https://www.businessinsider.com/ankorstore-french-marketplace-tiger-global-funding-2021-4?r=tiger-lp">Hot marketplace startup Ankorstore is in talks to raise up to $95 million from Tiger Global</a></li><li><a href="https://www.businessinsider.com/no-code-startup-bryter-raises-66m-from-tiger-global-in-us-push-2021-4?r=tiger-lp">No-code startup Bryter just raised $66 million from Tiger Global without a pitch deck for its US expansion</a></li><li><a href="https://www.businessinsider.com/divvy-homes-raises-funding-series-c-equity-round-tiger-global-2021-2?r=tiger-lp">Rent-to-own real-estate startup Divvy Homes raises $110 million in round led by tech investor Tiger Global</a></li></ul><div type="image" title="John Curtius" height="2767" width="5535" msid="88594984" hostid="261"></div><h2>How founders wooed Tiger</h2>Check out the pitch decks that savvy founders used to convince Tiger Global to invest millions of dollars. The investments range from startups that <a href="https://www.businessinsider.com/pitch-deck-internet-of-things-hologram-65m-tiger-global-2021-8?r=tiger-lp">connect scooters and drones to the internet</a> to ones that <a href="https://www.businessinsider.com/briq-pitch-deck-startup-funding-construction-proptech-tiger-global-2021-8?r=tiger-lp">build software to analyze spending at construction sites</a>. Read more:<ul><li><a href="https://www.businessinsider.com/payments-startup-xendit-pitch-deck-used-to-raise-tiger-global-2021-10?r=tiger-lp">Check out the 15-page pitch deck that helped Indonesian payments startup Xendit become a unicorn in a $150 million round led by Tiger Global</a></li><li><a href="https://www.businessinsider.com/facebook-investor-selfbook-pitch-deck-2021-11?r=tiger-lp">Here's the 16-slide pitch deck Selfbook, a startup bringing one-click booking to the travel industry, used to raise $25 million from Tiger Global</a></li><li><a href="https://www.businessinsider.com/exclusive-look-pitch-deck-papaya-used-to-raise-tiger-global-2021?r=tiger-lp">Here's an exclusive look at the pitch deck that workforce-management startup Papaya Global used to raise $250 million from Tiger Global, Insight Partners, and others</a></li><li><a href="https://www.businessinsider.com/cloudsmith-raises-one-largest-tech-rounds-ever-in-northern-ireland-2021-9?r=tiger-lp">Cloudsmith wants to make software management safer. Check out the pitch deck it used to raise $15 million backed by mega-investor Tiger Global.</a> </li><li><a href="https://www.businessinsider.com/pitch-berlin-tech-startup-raises-85m-lakestar-and-tiger-global-2021-5?r=tiger-lp">Here's an exclusive look at the pitch deck PowerPoint rival Pitch used to raise $85 million backed by investment giant Tiger Global</a></li></ul>

How Tiger Global threw out the venture-capital rulebook and bulldozed the competition in 2021

<ul><li><keyword id="11901144" type="UNKNOWN" weightage="60" keywordseo="tiger-global-management" source="Orion">Tiger Global Management</keyword> has lost $16 billion in client assets so far this year, according to a Bloomberg report.</li><li>That represents the hedge fund's worst year ever, with its main fund down 44% year-to-date.</li><li>These are the top 10 holdings of <keyword id="11893278" type="UNKNOWN" weightage="60" keywordseo="tiger-global" source="Orion">Tiger Global</keyword> that contributed to its massive losses.</li></ul>Hedge fund giant Tiger Global Management has taken it on the chin so far in 2022, with its main strategy down 44% in the first four months of the year, according to <a href="https://www.bloomberg.com/news/articles/2022-05-03/tiger-global-sinks-15-in-april-to-push-this-year-s-loss-to-44">a Bloomberg report.</a>Tiger Global's long-only fund experienced an even worse decline, falling 25% in April alone for a year-to-date loss of 52%, according to Bloomberg. The sizable decline has led to a $16 billion reduction in assets under management. The hedge fund managed $46 billion at the start of the year, according to data from Whale Wisdom.In an investor letter seen by Bloomberg, Tiger Global told clients that "<keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">Markets</keyword> have not been cooperative given the macroeconomic backdrop, but we do not believe in excuses and so will not offer any." That macroeconomic backdrop includes rising inflation and higher interest rates, which has led to a year-to-date sell-off of about 20% for the Nasdaq 100.All-in, the disastrous performance means the hedge fund is on track for its worst year ever since it was founded in 2001. Prior to this year's decline, Tiger Global had a strong reputation of delivering consistent outperformance relative to the S&amp;P 500 while notching only two down years since its inception, according to Bloomberg.These are Tiger Global's top 10 holdings at the start of 2022 that likely contributed to the hedge fund's sizable decline so far this year, according to <a href="https://whalewisdom.com/filer/tiger-global-management-llc#tabholdings_tab_link">data from Whale Wisdom.</a> The data is as of December 31, 2021, and there is no telling if Tiger Global sold out of these positions until they file their next 13F later this month. 10. ServiceNow<div type="image" title="man in sunglasses sitting against a blue background" height="1000" width="2000" msid="91326892" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/now-stock">NOW</a> Market Value: $1.4 billion Share of Tiger's Portfolio: 3.11% YTD Decline: -23.8%9. CrowdStrike<div type="image" title="Crowdstrike logo" height="1944" width="3888" msid="91326894" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/crwd-stock">CRWD</a> Market Value: $1.5 billion Shares of Tiger's Portfolio: 3.35% YTD Decline: -2.4%8. Carvana<div type="image" title="A Carvana vehicle showroom is shown" height="2584" width="5169" msid="91326896" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/cvna-stock">CVNA</a> Market Value: $1.7 billion Share of Tiger's Portfolio: 3.66% YTD Decline: -74.5%7. Meta Platforms<div type="image" title="Meta HQ" height="2659" width="5319" msid="91326898" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/fb-stock">FB</a> Market Value: $1.7 billion Share of Tiger's Portfolio: 3.69% YTD Decline: -34.2%6. DoorDash<div type="image" title="A DoorDash rider with his bike and delivery pack on his back exiting a NYC restaurant in winter." height="3023" width="6048" msid="91326901" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/dash-stock">DASH</a> Market Value: $1.7 billion Share of Tiger's Portfolio: 3.76% YTD Decline: -46.0%5. Snowflake<div type="image" title="Snowflake CEO Frank Slootman" height="1500" width="3000" msid="91326902" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/snow-stock">SNOW</a> Market Value: $2.0 billion Share of Tiger's Portfolio: 4.43% YTD Decline: -45.6%4. Nu Holdings<div type="image" title="fintech" height="758" width="1516" msid="91326903" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/nu-stock">NU</a> Market Value: $2.5 billion Share of Tiger's Portfolio: 5.42% YTD Decline: -40.7%3. Sea Limited<div type="image" title="forrest li" height="1249" width="2500" msid="91326904" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/se-stock">SE</a> Market Value: $2.5 billion Share of Tiger's Portfolio: 5.53% YTD Decline: -60.0%2. Microsoft<div type="image" title="Microsoft" height="480" width="960" msid="91326905" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/msft-stock">MSFT</a> Market Value: $2.8 billion Share of Tiger's Portfolio: 6.19% YTD Decline: -14.5%1. JD.com<div type="image" title="JD.com is reported to have started laying off 400 to 600 employees in recent weeks. Here, a man stands next to a billboard advertising JD.com 618 Shopping Festival on May 29, 2021 in Beijing, China." height="1000" width="2000" msid="91326906" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/jd-stock">JD</a> Market Value: $3.8 billion Share of Tiger's Portfolio: 8.17% YTD Decline: -10.3%

Tiger Global is on track for its worst year ever after a 44% decline. These were its top 10 holdings at the start of the year.

<ul class="summary-list"><li><keyword id="11893278" type="UNKNOWN" weightage="60" keywordseo="tiger-global" source="Orion">Tiger Global</keyword> has lost $17 billion in 2022 in one of the worst runs for a hedge fund in history, LCH Investments said.</li><li>The fund has now wiped out around two-thirds of the cumulative gains it had made for investments since it was founded in 2001.</li></ul>Hedge fund Tiger Global roared in 2020 and early 2021 as its huge bets on tech companies paid off. But the dramatic market sell-off this year has left the investment company licking its wounds.Tiger has racked up losses of $17 billion so far in 2022, according to LCH Investments, in one of the biggest drops in hedge fund history.Its dire performance this year has erased roughly two-thirds of the cumulative gains Tiger had made for investors since Chase Coleman founded the firm in 2001, LCH, an authority on <keyword id="11931680" type="UNKNOWN" weightage="60" keywordseo="hedge-funds" source="Orion">hedge funds</keyword>' performance, told Insider.Tiger Global shot to prominence during the coronavirus pandemic as it bet big on fast-growing technology companies, in a period when government and central bank stimulus was boosting <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword>.In 2020, the fund made $10.4 billion, according to LCH. At the end of that year, Coleman was seen as one of the best hedge fund managers of all time, having brought in $26.5 billion since 2001.But the market started to turn against Tiger in the last part of 2021, as inflation surged and investors became increasingly concerned that the Federal Reserve would hike interest rates, bringing to an end the easy-money era that had boosted many stocks.Tiger lost $1.5 billion in 2021, but has been bleeding cash this year as the Fed has <a href="https://www.businessinsider.com/fed-raises-interest-rates-may-double-sized-hike-mortgages-loans-2022-5">raised rates aggressively</a>, with more hikes likely. The fund had around $35 billion under management at the start of 2021, LCH data showed.According to hedge fund data provider WhaleWisdom, <a href="https://markets.businessinsider.com/news/funds/tiger-global-down-44-worst-year-ever-top-10-holdings-2022-5">Tiger's biggest holdings</a> at the start of the year were Chinese e-retailer <a href="https://markets.businessinsider.com/stocks/jd-stock">JD.com</a>; US tech giant <a href="https://markets.businessinsider.com/stocks/msft-stock">Microsoft</a>; and Singapore consumer internet company <a href="https://markets.businessinsider.com/stocks/se-stock">Sea Limited</a>.JD.com had tumbled 23% this year as of Monday's close; Microsoft was down 19%; and Sea Limited had plunged 70%.The LCH data was first reported by the Financial Times. Tiger Global declined to comment.

Hedge fund Tiger Global has plunged to a $17 billion loss this year as its huge tech bets go sour

<ul><li><keyword id="11893278" type="UNKNOWN" weightage="60" keywordseo="tiger-global" source="Orion">Tiger Global</keyword> has had a tough 2022 as its tech stock holdings have sold off considerably.</li><li>The hedge fund giant has reportedly lost $17 billion in client assets amid the broad tech rout.</li><li>These were some of the top changes Tiger Global made to its portfolio during the first quarter.</li></ul>Hedge fund giant <keyword id="11901144" type="UNKNOWN" weightage="60" keywordseo="tiger-global-management" source="Orion">Tiger Global Management</keyword> has taken it on the chin so far in 2022, with its main strategy down 44% in the first four months of the year, according to <a href="https://www.bloomberg.com/news/articles/2022-05-03/tiger-global-sinks-15-in-april-to-push-this-year-s-loss-to-44">a Bloomberg report.</a>Tiger Global's long-only fund experienced an even worse decline, falling 25% in April alone for a year-to-date loss of 52%, according to Bloomberg.The loss <a href="https://markets.businessinsider.com/news/stocks/tiger-global-hedge-fund-losses-tech-stocks-fed-inflation-rates-2022-5">has led to a $17 billion reduction</a> in assets under management, and the fund has now wiped out around two-thirds of the cumulative gains it had made for investments since it was founded in 2001.In an investor letter seen by Bloomberg earlier this month, Tiger Global told clients that "<keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">Markets</keyword> have not been cooperative given the macroeconomic backdrop, but we do not believe in excuses and so will not offer any." That macroeconomic backdrop includes rising inflation and higher interest rates, which has led to a year-to-date sell-off of as much as 30% for the Nasdaq 100.All-in, the disastrous performance means the hedge fund is on track for its worst year ever since it was founded in 2001. Prior to this year's decline, Tiger Global had a strong reputation of delivering consistent outperformance relative to the S&amp;P 500 while notching only two down years since its inception, according to Bloomberg.Amid the carnage, Tiger Global made sweeping changes to its portfolio in the first quarter, according to its 13F filed with the SEC on Monday. Tiger liquidated many of its tech stocks and reduced its concentration in some of its top holdings like JD.com and Microsoft. These were some of the top changes Tiger Global made in the first quarter of 2022, according to its 13F filing. The data is as of March 31, and doesn't reflect any potential changes Tiger may have made since then. 10. Sold Netflix<div type="image" title="The Netflix logo is displayed on a smartphone screen." height="2499" width="4999" msid="91623474" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/nflx-stock">NFLX</a> Prior Shares of Portfolio: 1.42% Current Share of Portfolio: 0%9. Sold Alibaba<div type="image" title="A view outside the headquarters campus of Alibaba Group in Hangzhou in east China's Zhejiang province Thursday, Dec. 24, 2020." height="1591" width="3183" msid="91623477" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/baba-stock">BABA</a> Prior Share of Portfolio: 1.09% Current Share of Portfolio: 0%8. Sold Adobe<div type="image" title="Adobe Creative Cloud" height="1998" width="3997" msid="91623479" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/adbe-stock">ADBE</a> Prior Share of Portfolio: 0.91% Current Share of Portfolio: 0%7. Trimmed Uber<div type="image" title="Uber" height="3389" width="6778" msid="91623482" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/uber-stock">UBER</a> Prior Share of Portfolio: 1.65% Current Share of Portfolio: 0.17%6. Trimmed Peloton<div type="image" title="The exterior of a Peloton store is seen on February 05, 2022 in Dusseldorf, Germany." height="3939" width="7878" msid="91623484" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/pton-stock">PTON</a> Prior Share of Portfolio: 0.80% Current Share of Portfolio: 0.12%5. Bought More Li Auto<div type="image" title="Li Auto One" height="1249" width="2500" msid="91623485" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/li-stock">LI</a> Prior Share of Portfolio: 0.52% Current Share of Portfolio: 1.92%4. Bought More XPeng<div type="image" title="The Xpeng P7 sedan." height="1183" width="2366" msid="91623487" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/xpev-stock">XPEV</a> Prior Share of Portfolio: 0.68% Current Share of Portfolio: 1.42%3. Bought More Monday.com<div type="image" title="Monday.com founders Eran Zinman and Roy Mann at Nasdaq for IPO" height="1993" width="3986" msid="91623489" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/mndy-stock">MNDY</a> Prior Share of Portfolio: 0.13% Current Share of Portfolio: 1.23%2. Bought More Toast<div type="image" title="Toast" height="600" width="1200" msid="91623490" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/tost-stock">TOST</a> Prior Share of Portfolio: 0.34% Current Share of Portfolio: 1.03%1. Bought More Block<div type="image" title="Block logos" height="960" width="1920" msid="91623562" hostid="261"></div>Ticker: <a href="https://markets.businessinsider.com/stocks/sq-stock">SQ</a> Prior Share of Portfolio: 0.49% Current Share of Portfolio: 1.39%

Tiger Global shakes up portfolio after it loses $17 billion amid tech slump. These were some of its biggest changes in the first quarter.

<ul><li><keyword id="11918410" type="UNKNOWN" weightage="60" keywordseo="hedge-fund" source="Orion">Hedge fund</keyword> giant <keyword id="11893278" type="UNKNOWN" weightage="60" keywordseo="tiger-global" source="Orion">Tiger Global</keyword> has lost 52% this year amid an ongoing decline in technology stocks, according to Bloomberg.</li><li>Tiger Global's fund fell 14.2% in May, representing extreme underperformance given the S&amp;P 500 was flat and the Nasdaq 100 was down just 2%.</li><li>The hedge fund said it is "maximally motivated" to recoup its losses for investors.</li></ul>Hedge fund giant Tiger Global has plummeted 52% so far this year through the end of May, according to <a href="https://www.bloomberg.com/news/articles/2022-06-02/tiger-global-losses-for-the-year-reach-52-after-drop-in-may?sref=vuYGislZ">a Bloomberg report.</a>The fund saw its losses accelerate last month as it fell 14.2%, significantly underperforming the broader <keyword id="11895235" type="UNKNOWN" weightage="60" keywordseo="stock-market" source="Orion">stock market</keyword> indices. In May, the S&amp;P 500 was flat and the Nasdaq 100 fell just 2%. The latest decline also deepened year-to-date losses at the hedge fund, which <a href="https://markets.businessinsider.com/news/funds/tiger-global-down-44-worst-year-ever-top-10-holdings-2022-5">was down 44% at the end of April.</a>The losses have wiped out more than $16 billion in assets under management for Tiger Global, erasing years of spectacular gains as founder Chase Coleman rose tech stocks all the way up — and now all the way down. The hedge fund also owns stakes in private tech companies, which have been marked down considerably amid the ongoing market decline."We take very seriously that our recent performance does not live up to the standards we have set for ourselves over the last 21 years and that you rightfully expect. Our team remains maximally motivated to earn back recent losses," the hedge fund wrote in an investor letter seen by Bloomberg.Tiger Global's commitment to make back the lost money for its investors is the exact opposite of what Gabe Plotkin's Melvin Capital did. After suffering severe losses of more than 50% after it was caught on the wrong side of the <a href="https://markets.businessinsider.com/stocks/gme-stock">GameStop</a> short-squeeze, <a href="https://markets.businessinsider.com/news/funds/melvin-capital-shut-down-after-losing-billions-gamestop-short-squeeze-2022-5">Plotkin decided to shut down Melvin Capital.</a>Some of the top stocks that have been hammering Tiger Global lower include <a href="https://markets.businessinsider.com/stocks/jd-stock">JD.com</a>, <a href="https://markets.businessinsider.com/stocks/se-stock">Sea Limited</a>, <a href="https://markets.businessinsider.com/stocks/snow-stock">Snowflake</a>, <a href="https://markets.businessinsider.com/stocks/shop-stock">Shopify</a>, and <a href="https://markets.businessinsider.com/stocks/sq-stock">Block</a>, among others. A look at its most recent 13F filing shows a portfolio riddled with high-flying tech stocks that have little to no profits and previously traded at elevated valuations. That hasn't been a winning strategy this year as the <a href="https://www.businessinsider.com/federal-reserve-interest-rate-hikes-double-sized-future-meetings-powell-2022-5">Fed embarks on its first interest rate hike cycle</a> since 2018.

Hedge fund giant Tiger Global has reportedly lost 52% this year as tech losses accelerated in May

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Flickr/ Keith Roper</div></div></div>Tiger Global Management just raised $2.5 billion for a new venture capital fund, <a href="http://www.sec.gov/Archives/edgar/data/1659414/000165941415000001/xslFormDX01/primary_doc.xml">according to a filing.</a>This is Tiger Global's tenth venture capital fund, and it will be called Tiger Global Private Investment Partners X, L.P. Lee Fixel, the head of Tiger Global's private equity and venture capital investing, will oversee the fund.Tiger Global's founder Chase Coleman wrote in a letter earlier this year that Fixel has spearheaded many of the fund's <a href="http://www.nytimes.com/2015/05/19/business/dealbook/tiger-global-to-revamp-management.html">"most important and successful investments."</a>Fixel, who joined the fund in 2006, <a href="https://www.linkedin.com/in/leefixel">has led </a><a href="https://www.linkedin.com/in/leefixel">investments in privately-held companies</a>, including Facebook, Linkedin, Warby Parker, Eventbrite, Makemytrip, Flipkart, Netshoes, Square, MercadoLibre, Trendyol, Jobs.ch and CatchoftheDay.Tiger Global declined to comment. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/james-altucher-american-dream-college-housing-debt-career-2015-11">JAMES ALTUCHER: The American Dream is a lie</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="pxa24weTqtZQduLr4vlODX7xiO2oUVG5" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Tiger Global just raised $2.5 billion for a new VC fund

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Google FinanceNetflix's stock price has dropped from a year earlier.</div></div></div>Chase Coleman's Tiger Global looks like it has exited its big Netflix position.The tech-focused <a href="http://www.businessinsider.com/tiger-global-netflix-stake-2015-8">fund took a huge stake in Netflix last year</a>, but the firm did not list Netflix in its <a href="https://www.sec.gov/Archives/edgar/data/1027451/000091957416014838/xslForm13F_X01/infotable.xml">most recent 13-F filing for the second quarter,</a> which was released Monday. The 13-F filing lists long stock positions that investment firms make. The positions are current as of 45 days prior, so it is possible that Tiger has since changed its position. A spokeswoman for Tiger Global didn't immediately respond to a request for comment.Tiger had been selling down its position for some time. As of the first quarter, Tiger had a $24.6 million stake in Netflix, according to a public <a href="https://www.sec.gov/Archives/edgar/data/1027451/000091957416013147/xslForm13F_X01/infotable.xml">filing</a>.Tiger Global's onshore hedge fund is down -21.3% through July 29, according to a private investor letter obtained by Business Insider.It's not clear how the Netflix position affected Tiger's performance. The letter did not mention Netflix.Netflix has been a popular hedge fund position. UK-based Odey Asset Management, for instance, <a href="http://www.businessinsider.com/crispin-odey-theres-one-big-problem-with-netflix-2016-8">was short the company as last month</a>, Business Insider previously reported. To short a stock means to bet its price will drop.Odey said the <a href="http://www.businessinsider.com/crispin-odey-theres-one-big-problem-with-netflix-2016-8">streaming service made for a good short </a>because it would continue to disappoint shareholders. "You watch their programs faster than they can make them," Odey said. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/real-estate-bizarre-house-san-francisco-california-suburb-2016-7">No one wants to buy this bizarre house in a wealthy San Francisco suburb</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="hmdzcxNTE64DFq4MmhnQPHwo6CHUK3mS" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Tiger Global has ditched Netflix

New Delhi, Jan 9 () Ed-tech major BYJU'S on Thursday said it has raised an undisclosed amount of funding from Tiger Global Management.
 While BYJU'S did not disclose the quantum of investment, sources said Tiger has pumped in USD 200 million into the company.
 "We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long term vision of creating an impact by changing the way students learn," BYJU'S founder and CEO Byju Raveendran said in a statement.
 The statement said BYJU'S launched a product for young learners (Grades 1-3) in 2019. It is also working on launching programmes in vernacular languages.
 Additionally, BYJU'S will be launching online tutoring in the coming months, it added.
 "BYJU'S has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India. We are excited to support Byju and the team," Tiger Global Partner Scott Shleifer said.
 In the past 12 months, BYJU'S has witnessed strong growth with over 42 million registered users and 3 million paid subscribers in India.
 The average number of minutes a student spends on the app has increased from 64 minutes to 71 minutes per day over the last year too and the annual renewal rates are as high as 85 per cent, the statement said.
 BYJU'S has tripled its revenue from Rs 520 crore to Rs 1,480 crore in 2018-19 and turned profitable on a full-year basis. The company said it is on track to double revenues to Rs 3,000 crore in the current financial year. SR SHW
SHW

Tiger Global Management invests in BYJU'S

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Business Insider/ Mike Nudelman</div></div></div>Tiger Global, the tech-oriented hedge fund run by Chase Coleman, added a boat load of Amazon shares during the third quarter.Tiger Global bought 2.44 million shares of Amazon, bringing its stake to more than 3.19 million shares, <a href="http://www.sec.gov/Archives/edgar/data/1167483/000091957415008225/xslForm13F_X01/infotable.xml">according to the fund's 13F filing.</a>The share price low for the quarter was $437.39, meaning the new shares must have cost at least $1.1 billion. On September 30, the last day of the third quarter, Amazon's shares were trading at $511.89, valuing Tiger Global's stake at $1.63 billion.So far, Tiger Global's bet has paid off.The stock closed at $647.81 per share on Monday, valuing the position at $2.1 billion.Amazon is Tiger Global's second largest stock position. In the second quarter, Tiger Global <a href="http://www.businessinsider.com/tiger-global-netflix-stake-2015-8">took a massive stake in Netflix</a>. The fund still held that position in the third quarter.Hedge funds only have to disclose their long equity holdings every quarter in these filings. What's more, the filings aren't published until 45 days after the end of the quarter, so it's possible funds could have traded in and out of positions.Disclosure: Jeff Bezos is an investor in Business Insider through hispersonal investment company Bezos Expeditions. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/everyday-phrases-smart-people-say-incorrectly-statute-2015-10">Everyday phrases that even smart people say incorrectly</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="44Z3ZoeDrznjy0zyuh6chLpAhZsFsPBY" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

You Searched For "Tiger Global" and got 10 results

Flipkart’s biggest investor has reduced its stake in Amazon by 67%

BI India Bureau

How Tiger Global threw out the venture-capital rulebook and bulldozed the competition in 2021

Vishal Persaud

Tiger Global is on track for its worst year ever after a 44% decline. These were its top 10 holdings at the start of the year.

Matthew Fox

Hedge fund Tiger Global has plunged to a $17 billion loss this year as its huge tech bets go sour

Harry Robertson

Tiger Global shakes up portfolio after it loses $17 billion amid tech slump. These were some of its biggest changes in the first quarter.

Matthew Fox

Hedge fund giant Tiger Global has reportedly lost 52% this year as tech losses accelerated in May

Matthew Fox

Tiger Global just raised $2.5 billion for a new VC fund

Julia La Roche

Tiger Global has ditched Netflix

Rachael Levy

Tiger Global Management invests in BYJU'S

PTI

Tiger Global made a $1 billion bet on Amazon and it's paying off big time

Julia La Roche

Popular Keywords

Buying Guides