Tiger Global says it’s being targeted in tell-all by former employee

Marcus Baram
Author Marcus Baram
Marcus Baram is a contributing editor at Crain Currency, where he covers the intersection of finance and politics. Prior to joining Crain Currency, Baram was a staff writer at Fast Company and an editor at Huff Post. He has also written for outlets such as The New York Times, The Atlantic, and Vice. Baram is an expert on economic policy and has a deep understanding of the ways in which politics shapes the global financial system. In his role at Crain Currency, he brings a unique perspective to the complex and ever-evolving world of finance. With his keen analysis and clear writing, Baram helps readers make sense of the important issues impacting the economy today.
Aug 28, 2023
3 weeks ago
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Tiger Global Management LLC, the investment firm famous for its smart bets on Facebook and Spotify, said this week that it’s the target of scurrilous attacks by a former employee.

The firm reached out to its limited partners Friday to tell them about an allegedly forthcoming article by The New Yorker magazine that contains “damning and unsubstantiated allegations” about Tiger Global, reports Reuters. The nine-page document details personal improprieties and the firm’s investing strategy and was purportedly written by an employee who has since left Tiger Global.

“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. ”We are saddened that you, our clients, have been subjected to this as well.”

A spokesperson for The New Yorker denied any involvement when contacted by Reuters.

Marcus Baram
Author Marcus Baram
Marcus Baram is a contributing editor at Crain Currency, where he covers the intersection of finance and politics. Prior to joining Crain Currency, Baram was a staff writer at Fast Company and an editor at Huff Post. He has also written for outlets such as The New York Times, The Atlantic, and Vice. Baram is an expert on economic policy and has a deep understanding of the ways in which politics shapes the global financial system. In his role at Crain Currency, he brings a unique perspective to the complex and ever-evolving world of finance. With his keen analysis and clear writing, Baram helps readers make sense of the important issues impacting the economy today.