Chase Coleman Doing Another Internet Thing
Waiting for your check.
Remember that time Chase Coleman made $1 billion or so on a little company called Facebook? Or all of those times he made a ton more on other technology stocks he thought looked promising? Well, some people do, to the tune of $700 million.
Tiger Global Management, Chase Coleman’s investment firm that’s profited from investments in e-commerce companies before they sold shares to the public, raised about $700 million for an Internet fund.
The fund, Tiger Global Internet Opportunities, was started on Jan. 1, according to a letter sent to clients on Jan. 30. The $16 billion firm also reopened its Tiger Global Long Opportunities fund at the start of the year and has $2.3 billion.
Tiger Global Raises $700 Million for Internet Fund [Bloomberg]
![By The Electoral Commission ([1]) [Public domain], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MzI4NDQxMTU3MTA5/brexitballot.jpg)