Ron Burgundy Posted March 27, 2014 Share Posted March 27, 2014 By Sarah McBride and Svea Herbst-Bayliss SAN FRANCISCO/BOSTON (Reuters) - As increasing numbers of technology companies defer their initial public offerings, one influential hedge-fund investor has stepped up to the plate in Silicon Valley. Tiger Global Management has emerged as among the most prominent of a growing club of Wall Street financiers now eyeing technology start-ups, a circle that includes hedge funds such as Coatue Management and Valiant Capital Management; Their traditional focus on larger companies in late stages of financing has partially given way to a search for young companies that have proven their chops and attracted investments from leading venture firms, but have not yet held richly priced initial public offerings. And the bankrolling these days is coming as much from hedge funds and other Wall Street asset managers as from Silicon Valley money. View the full article Quote Link to comment Share on other sites More sharing options...
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