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A comment on Tiger Global, hit by $17B in hedge fund losses, has nearly depleted its VC fund. Parent comment

Re:Tiger Global, hit by $17B in hedge fund losses, has nearl... by cookingrobot on Tuesday May 10, 2022 @11:05PM (#31335419)
I interpret that as: they made 6x returns as the S&P, but then had a bad quarter and are down to 2x returns.

Still sounds pretty good.

[ Parent | on HN ]
Re:Tiger Global, hit by $17B in hedge fund losses, has nearl... by kamaal on Tuesday May 10, 2022 @11:42PM (#31335619)
I don't think you can go -2x by pressing some wrong button on they keyboard.

Its more like they've been making mistakes over years which seem to have culminated in one event this quarter.

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