Tiger Global’s Latest Setbacks

In recent weeks, the Tiger Cub has seen one private holding cut its valuation by 28 percent and another lose 75 percent of its post-public value.

David Paul Morris/Bloomberg

David Paul Morris/Bloomberg

Tiger Global has been rocked in the past month by two of its private investments.

The most recent development took place last Thursday, when The Wall Street Journal reported that Stripe had cut its valuation by 28 percent. The private online payments company — which Tiger Global had previously invested in — had been valued at $95 billion, making it the fifth most valuable private company, according to Crunchbase.

It

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related