How the titans of tech investing are staying warm over the VC winter

Venture capital’s bruised whales are rethinking their strategies


are not known for humility. But many have been striking a humbler tone of late. In a recent letter to investors Tiger Global, a hedge fund and () investor, reportedly admitted that it had “underestimated” inflation and “overestimated” the boost from the covid-19 pandemic to the tech startups in its portfolio. In November Sequoia, a Silicon Valley blue blood, apologised to clients after the , a now defunct crypto-trading platform that it had backed. In January Jeffrey Pichet Jaensubhakij, chief investment officer of , one of Singapore’s sovereign-wealth funds, said he was “thinking much more soberly” about startup investing.

  • Source How the titans of tech investing are staying warm over the VC winter
  • you may also like