On Friday, Tiger Global reached out to its investment partners about the document, which has been seen by venture capitalists, hedge funds and in media circles.
“These attacks are packed with lies, which we strongly believe were written and pushed by a disgruntled former employee with whom we parted ways,” Tiger Global said in its letter to investors.
It was unclear how far the document has spread, but the Tiger Global letter said the firm has been aware of it for several months.
Tiger told investors it had engaged "experts" to help it respond to the allegations in the document, without providing further details.
Tiger Global has roughly $50 billion of assets under management, but saw its portfolio significantly trimmed last year as tech stocks faltered.
Persons:
Tiger, Helen Coster, Greg Bensinger, Kenneth Li, David Gregorio Our
Organizations:
Investment, Tiger Global Management, Meta, Spotify, Reuters, New Yorker, Tiger Global, Global, Thomson