Gigachad 🗿 
  
 "I stand with Scott Schleifer" 🫡

Software Developer

Software Engineer

Finance Consultant

The reason quoted is because he wanted to move to Florida where he bought a $120Mn mansion and hence can’t colocate with team anymore 🤔🤔

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Scott Shleifer pulls back from top role at Tiger Global

Tiger Global leader Scott Shleifer steps down

Product Manager

Tiger Global leader Scott Shleifer steps down- Grapevine

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https://anonymfile.com/NEEXl/tiger-global-draft-of-new-yorker-story-doing-the-rounds-in-nyc.pdf

TLDR: Tiger Global may pass soon.

Leaked NewYorker Article on Tiger Global

A few summary points:
- LP risk is over exposed to VC funds (Tiger, for these LPs)
- Tiger has had abysmal investments and returns these last few years
- They've actively looking to pass on their assets to buyers where they can find them 
- Lee Fixel, the most prolific investor they had left a few years back
- The fund has been led by Scott Shleifer; who has reported to been an alcoholic, hosts drug parties, and invests with very little DD/deep dive.

All in all, this is scary stuff. With Softbank and Tiger both seeing difficult times, this feels like the Lehman moment for the VC industry.

Corporate Strategist

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- Alex Cook, a partner at Tiger Global, is leaving the firm after nearly seven years, sources told TechCrunch.
- Cook has informed several people about his departure but hasn't disclosed the reasons behind it.
- His exit follows other high-profile departures, including Scott Shleifer and John Curtius.
- Cook played a key role in many fintech deals, with a median deal size of $35 million and a median valuation over $250 million.
- This news comes as Tiger Global faces a challenging fundraising environment, recently raising its smallest VC fund in a decade. 

 Source: Techcrunch

Tiger Global Partner Alex Cook to Depart Firm After Nearly Seven Years

Journalist

Interesting that Tiger Global is #1 and so focused on India

Product Marketing Manager

The nearly $13 billion Private Investment Partners 15 fund marked down AI-powered email company Superhuman by 45% and cut its valuation for privacy search engine platform DuckDuckGo by 72%.

Tiger Global’s biggest venture fund has 18% loss after markdowns

Tiger Global posts 18% loss after markdowns

Analyst

News: Byjus appoints Upgrad's ex-CEO Arjun Mohan as it's new CEO

So will the company also be renamed to Mohan's?

Engineering Manager

Any gossips or rumours ? Let’s share something

GoTo (GoJek) townhall tomorrow .

After Unicorns now it's VCs 😁

Any idea whether this happened in India as well for their new entity ?

https://www.forbes.com/sites/kenrickcai/2023/07/24/sequoia-talent-team-layoffs-firm-restructuring/?sh=5d3a78d925f4

Sequoia VC  Layoffs

Growth Manager

There were lots of rumors going that unacademy IAS founder is selling stake. He is not selling his stake. I confirmed it.
cc: RS, GM, HS

Tiger Global leader Scott Shleifer steps down

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