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Glade Brook Bets on Airbnb's Chinese Rival

The Tiger Grandcub, which has expanded from hedge funds into venture capital, is adding to its portfolio of unicorns.

       Bigstock/Daniel Krason Paul Hudson’s Glade Brook Capital Management is doubling down on the apartment and vacation rental business. The Tiger Grandcub, who has expanded from a hedge fund manager to a venture capitalist as well, participated in the $300 million financing of Tujia, which is widely called the Airbnb of China,

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