What’s Driving Tiger Global’s VC Windfall

The Tiger Management descendant’s $20 billion private investment business has recently seen a rash of its unicorn investments go public or file plans for an IPO.

(Michael Nagle/Bloomberg)

(Michael Nagle/Bloomberg)

Another Tiger Global Management portfolio company has filed to go public.

Root Inc., a technology-driven auto insurer that charges premiums based on a driver’s behavior, earlier this week filed preliminary plans for an initial public offering. No terms of the offering were announced.

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