Tiger Global's Venture Capital Fund Fails to Hit Expected Target
Monday, 1 April 2024, 18:36
Tiger Global Venture Capital Fund Closure
The Tiger Global venture capital fund recently closed with a total of $2.2 billion, which is 63% lower than the target amount.
Investor Concerns
The disappointing performance highlights potential challenges in attracting investments to venture capital funds in the current market environment.
- Despite high expectations, the fund's failure to reach its target may impact its future fundraising prospects.
- Investor confidence in the venture capital industry could be shaken due to this unexpected outcome.
The market will be closely watching Tiger Global for their next steps after this setback.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.