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Behind Light Street’s Recent Woes

Here’s how the Tiger Cub is planning to rebound from its large loss in the second half of 2019.

Glen Kacher, founder and president of Light Street Capital Management LLC (Victor J. Blue/Bloomberg)
Glen Kacher, founder and president of Light Street Capital Management LLC (Victor J. Blue/Bloomberg)

Light Street Capital is suffering through one of the roughest stretches in its nine-year history.The technology-oriented firm’s hedge fund — Light Street Halogen — posted a 12.3 percent loss in the third quarter and lost another 3.8 percent in October, according to its third-quarter letter to clients that was obtained

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