tiger global-ing

Intermediate πŸš€ Startup / VC

Definition

Making investment decisions at lightning speed with minimal diligence, named after Tiger Global's spray-and-pray approach during the 2020-2021 bubble. High velocity, low conviction, maximum FOMO.

Example Usage

They Tiger Global-ed our Series B, sending a term sheet after a 30-minute Zoom without even asking about our unit economics.

Origin

Coined around 2021 during the venture capital feeding frenzy when Tiger Global invested in seemingly everything

Fun Fact

Tiger Global's strategy worked brilliantly during the boom and catastrophically during the 2022 correction, proving speed isn't everything.

Source: Venture capital industry slang

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