Some Work of Noble Note

May Yet Be Done


Leave a comment

Enter the Hedge Fund, Part II

I can only hope for additional demonstrations of my own prescience.

peHUB wrote recently about the hedge fund Tiger Global’s move toward investing in technology startups.  My loyal readership will recognize in this statement a clear continuation of an earlier post on Snapchat which discussed Coatue’s movement into the space.  That post looked at how hedge funds, with their large capital pools and lower cost of capital, may be able to “disrupt” the traditional VC model which bundles capital with expertise to then demand a higher return.

Continue reading