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...A group of so-called “Tiger Cubs” including Chase Coleman’s $90bn-in-assets Tiger Global, Philippe Laffont’s Coatue Management and Glen Kacher’s Light Street Capital have backed a similar cohort of companies...
...Tiger Global and its fellow “cubs” — including Philippe Laffont’s Coatue Management, Glen Kacher’s Light Street Capital and Andreas Halvorsen’s Viking — have been hit by “brutal” sell-offs in technology...
...As Lex noted, the initial 20 per cent fall in Teladoc’s share price on Wednesday suggests investors need convincing....
...The subsequent fall in advertising revenue was precipitous....
...Urban Outfitters, the clothing retailer, said Glen Senk, chief executive, had resigned on Monday. That sent its shares down as much as 11 per cent to $25.91 after hours....
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