Tiger Global founder Chase Coleman commented on the dearth of IPOs during a recent private call with investors. In the past two years, only three of Tiger’s privately held companies managed to go public each year, compared with 38 in 2021. Tiger Global raised its biggest fund in 2022, garnering $12.7 billion. Last year, the firm had one big VC winner: India-based e-tailer Flipkart. Tiger Global now has about $33 billion in the private funds’ portfolio. Its hedge funds logged double-digit returns last year. Tiger Global’s hedge fund top holdings included Meta, Microsoft, Google, Amazon, and Nvidia at the end of 2023. Tiger Global also uses AI at home. Despite the negative media attention Tiger Global received in 2022, Coleman was sanguine.