Tiger Global’s $6 Billion-Plus Payday
The Tiger Cub hit it big with the Toast and Freshworks IPOs.
What a day for the folks at Tiger Global Management.
The venture capital and hedge fund giant made more than $6 billion on Wednesday alone from the wildly successful initial public offerings of Toast and Freshworks.
Tiger Global did not sell any shares but is is said to have made more than $3 billion on each of the deals.