Just one month after it raised $6.7 billion to invest in private companies, Tiger Global Management is already holding discussions with investors about its next fund. The prolific firm plans to raise a whopping $10 billion for the growth equity fund, its fifteenth, Axios reports . The firm’s pace of investment is unmatched this year. Closing at least four deals per week on average, the New...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.
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