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Tiger Global Has a Decacorn Problem
The recent sharp reduction in the valuation of Stripe is the latest hit taken by a highly valuable private company held by the Tiger Cub.
More bad news for decacorns — private companies valued at more than $10 billion — as well as for Tiger Global Management.Investment giant T. Rowe Price has slashed the valuation of its investment in fintech and payments giant Stripe by 64 percent to $23.04 per share as of June 30,
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