Lee Fixel is leaving Tiger Global

Lee Fixel is leaving Tiger Global

Lee Fixel, the low-flying head of Tiger Global’s private equity business, is leaving at the end of June, the firm announced today in a letter sent to clients and seen by Reuters. Scott Shleifer and Chase Coleman will continue as co-managers of the portfolios Fixel has overseen, with Shleifer taking over as its head, according Read more about Lee Fixel is leaving Tiger Global[…]

Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer

Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer

Coupang, the unicorn that is defining e-commerce in Korea, announced today that it has hired Jay Jorgensen, Walmart’s former global chief ethics and compliance officer, to serve as its general counsel and chief compliance officer. Jorgensen will relocate to Seoul for the position. Founded in 2010, with a total of $3.4 billion raised from investors Read more about Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer[…]

Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup Danke

Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup Danke

A Chinese startup that’s taking a dorm-like approach to urban housing just raised $500 million as its valuation jumped over $2 billion. Danke Apartment, whose name means “eggshell” in Chinese, closed the Series C round led by returning investor Tiger Global Management and newcomer Ant Financial, Alibaba’s e-payment and financial affiliate controlled by Jack Ma. Read more about Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup Danke[…]

Global VC market sees highest-ever concentration of supergiant dollar volume in Q4 2018

Global VC market sees highest-ever concentration of supergiant dollar volume in Q4 2018

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor SoftBank’s Vision Fund inches closer to $100B The top 10 cities for $100M VC rounds in 2018 so far For the global VC industry, 2018 was a supergiant year. Crunchbase projects that 2018 deal and dollar volume Read more about Global VC market sees highest-ever concentration of supergiant dollar volume in Q4 2018[…]