Archive: tiger global management
While VCs Struggle, Crowdfunders Are Coming Out on Top
By Andy Gordon on June 8, 2022
2022 has not been kind to SoftBank CEO Masayoshi Son. He’s calling it a “technology winter.” And the numbers are certainly chilling for Son. SoftBank’s Vision Fund lost 2.64 trillion yen ($20.5 billion) for the year ending March 31. The previous year, it had made a profit. The same holdings that drove that profit are now punishing SoftBank’s bottom line. Shares for South Korean e-commerce giant Coupang dropped 60% in the first quarter. Chinese ride-hailing pioneer…
Venture Capital-Backed IPOs on Track to Raise Record Amount
By Allison Brickell on June 24, 2019
2019 is set to be a record year for venture capital-backed IPO raises.