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Search resuls for: "Scott Shleifer"


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Few investors are more emblematic of the no-interest-rate private market frenzy than billionaire Scott Shleifer. Tiger's venture approach in 2020 and 2021 — constantly described as unsustainable by rivals — included maneuvers such as offering start-ups more money than they were asking and emailing founders term sheets after a single meeting. Shleifer's reputation and personal wealth grew with Tiger's venture success. As Tiger was fundraising late last year, investors learned of a $10 million settlement Tiger Global made to a former female employee. At least one Tiger investor was surprised to hear about it from Coleman and not Shleifer himself.
Persons: Scott Shleifer, , Chase Coleman, Donald Trump's, Michael Gross, Tiger, Bain, John Curtius, Shleifer, Eric Lane, Evan Feinberg, Griffin Schroeder, Coleman, Sarah Samuels, Samuels, Scott, OpenAI's, Sam Altman's, Altman, Paul Graham Organizations: longtime Tiger Global, Business, Tiger, Walmart, The, Washington Post Locations: Florida, India, Flipkart, New York
Investors have learned of a $10 million settlement Tiger Global made to a former female employee. Investors don't really need another reason to shy away from Tiger Global Management after a year of terrible performance. The employee who settled with Tiger alleged that Tiger fostered a type of bro culture, led by men who prevented women executives from getting equal opportunities inside the firm. "Prioritizing these values in our day-to-day interactions inside and outside of Tiger Global has been the glue that has underpinned our success for the past 21 years. We remain committed to driving continuous improvement across Tiger Global as we look towards the future."
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