If Tiger Global shows up, will there be new stripes in early-stage?

Natasha Mascarenhas, Alex Wilhelm / 10:00 AM EDT•March 16, 2022

In Equity, we unpack the numbers behind the headlines, where we discuss the business of startups.

We focus on a single topic, think about a question, and unpack the rest of the show. Will Tiger's second act live up to its first?

The question comes after she looked into one example of how Tiger Global's stamp of approval is coming for the early-stage. Today's conversation is a continuation of that topic, but with examples, context and some jokes as well.

• Before digging into the question, we walked through some historical venture shakeups, looking specifically at Andreessen Horowitz, SoftBank and ultimately Tiger Global’s own jolt to the startup ecosystem. Remember when we weren’t numb to mega-funds, and due diligence was contrarian?
• Then we get into why Tiger is turning to invest in early-stage companies, now of all times (hack: listen to our episode on market re-correction for some background).
• We spoke about Tiger cutting a new check into AngelList, and the resulting window it gets. A new-ish AngelList fund has hella Tiger vibes, notably.
• There’s also a conversation to be had about how Tiger’s late-stage playbook scales to the early-stage, which made us talk about due diligence, ownership and fund structures.
• And speaking of evergreen funds, here’s an evergreen reminder to take advantage of code “EQUITY” when subscribing to TechCrunch+ for a hefty discount, and gratitude from your favorite trio of tech nerds.
• We somehow fit YC in too, because why not.

The venture capital market is shaping up to be a very different beast than what we saw in 2021, and that's because Tiger is changing up its own posture. Last year might prove to be a high-water mark for venture. Stay informed.

Equity goes down on Mondays at 7 a.m. Wednesday and Friday are at 6 a.m. You can subscribe to us on Apple Podcasts, Overcast, and all the casts.

The company is building web-based tools that can turn a 2D sketch into a 3D representation so that someone can design anything from a small building to a skyscraper. There’s a new seed fund in town, but with a familiar name. Galion, a collective of tech entrepreneurs who network and learn from each other, is launching an investment arm called Galion.exe. They h...The company is making real honey with precision fermentation and plant science. Instant delivery startup Getir has announced that it has closed a new $768 million Series E founding round. Following this deal, the company has reached a valuation of $11.8 billion. Mubadala Inves...B2B marketplaces have been in many ways slower to modernize than their consumer counterparts when it comes to e-commerce. Today a startup that has been a trailblazer in that space is announcing som...African startups raised between $4 billion to $5 billion in 2021, according to various reports. For years, tech publications run by local digital media startups have worked hard behind the scenes i...Kyash, a Tokyo-based mobile financial app, has raised $41.2 million (4.9 billion JPY) Series D funding.  The round comes from a number of investors including Japan Post Investment Corporation, Bloc...Payments — taking and and paying out money — remains a fragmented and complex area for merchants, marketplaces and others that do business with multiple parties online, and as it grows ...The UK is speeding up the application of powers that could see tech CEOs sent to prison if their businesses fail to comply with incoming safety-focused Internet content legislation, the government ...A month ago, Ukraine’s parliament passed a bill to legalize cryptocurrency, preparing a framework for the regulation and management of cryptocurrencies like Bitcoin and Ethereum. Today, the c...We spoke to Tortoise founder Dmitry Shevelenko about the future of micromobility, how to own changing business directions, difficulties in sidewalk robot delivery, and the agility of startups. Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Meta removed an altered video falsely depicting Ukrainian President Volodymyr Zelensky ordering troops to surrender Wednesday. The video is the latest alarming milestone in the parallel information...As BMW gets ready to debut the next generation of its 7 Series luxury sedan in April — and with that, the new all-electric i7 — the company today turned the spotlight on its overall por...Feel that? The weather’s warming up, it’s staying light outside later and there’s something [long, extended inhale] developery in the air. New clues from Google dropped this morni...Even among the fastest-growing crypto startups, Yuga Labs has had a particularly explosive year. The startup is behind the NFT project Bored Apes Yacht Club (BAYC), which only launched in April of ...If you want to monitor the temperature, humidity and exposure over 100 square miles of forest, you’re going to spend a lot of time tying tech trees. But what if you could scatter your sensors...Most people don’t spend much time thinking about where their poultry comes from, much less what it was eating when it was alive but the feeding practices on large farms are harmful to the environme...Sometimes you just want to tweet your reactions to the “Love is Blind” reunion without bothering your 4,333 closest friends, who probably follow you because they work in tech, and not b...