The Tiger Global team celebrated their 25th anniversary on March 1, penning a letter to remind investors of their guiding principles that reflect what the firm is and what pushes it forward. Tiger Global launched with just $42 million in seed capital and two employees under the name Tiger Technology in the waning shadow of the internet bubble. Today the firm manages over $50 billion in assets and has 160 employees, generating robust returns through multiple major technology transitions and market cycles.
Read more hedge fund letters here
The 2026 investor letter dated March 1st was obtained and reviewed by Hedge Fund Alpha.
Also see: Tiger Global Remarks on Its Process After 25 Years in Business
Returns are Tiger Global’s north star
The first of the firm’s guiding principles for investing is that returns are its north star. A fixture above the North Pole that hardly moves, Polaris is a critical tool for navigation. In short, Tiger Global exists to drive returns for its investors. The team learned in the early years that a robust performance brings a multitude of benefits.
Talented people want to be part of a winning team, while investors want to give capital to winners. Companies also like to be associated with well-performing firms, and early investors appreciate robust returns over the long term.
The Tiger Global team admitted that certain “flywheels” can improve with larger size, but they also said that growth shouldn’t ever come at the expense of strong performance.
Also see: The Business Genius Of Tiger Global’s Chase Coleman
The “right and wrong side of change”
Finding their jobs as “endlessly interesting,” the Tiger Global team said they provide a “densely populated mosaic of research and information” they use to try to predict the future. The firm and its partners have enjoyed significant long-term gains from supporting companies globally that are aligned with major changes in technology and society, like the internet, cloud, mobile and artificial intelligence.
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
