Tiger Global responded on Friday to an anonymous memo circulating among journalists that makes a number of serious and unsubstantiated claims about the investment firm and its leadership., Tiger wrote that it was being “targeted with a series of information attacks” propagated “anonymously using an encrypted messaging platform.” “We strongly believe [they] were written and pushed by a disgruntled former employee with whom we parted ways,” the letter, signed by “The Tiger Global Team,” added.
Tiger Global spokesperson Carolyn Sargent confirmed the letter’s authenticity but declined further comment. In its letter, the firm said it has “engaged with experts” to develop a response to the “malicious attacks,” which it claims have also reached many of its own clients. “Unlike the anonymous coward spreading this false narrative on the internet, you know who we are — and we are here and ready to answer your questions,” the company wrote.
Tiger’s letter is the firm’s first external acknowledgement of an extraordinary situation that has simmered for months, and recently started to boil over. Industry insiders within the venture capital and private equity communities in which Tiger operates first received versions of a memo about Tiger as long as six months ago, several recipients said.
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