Post-IPO, Tiger Global still likes Etsy Inc. A regulatory filing on Monday reveals the fund has an 8.9% stake in the online marketplace for crafts and homemade goods. Tiger Global is no newcomer to Etsy Inc (ETSY) – it has had a foot in door on the company since well before it went public earlier this year. Tiger Global filing Etsy initially sold private shares to Tiger Global at $5.30 per share in April 2014. A March regulatory filing prior to the company’s IPO listed Tiger’s stake at 7.3%. When the stock began trading, its stake was about 6.4%. Etsy…
Tiger Global Is Still Betting on Etsy
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.