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Tiger Global's Bet on OpenAI Could Yield a Paper Profit of Up to $5 Billion
15 hour ago /
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Author：小编
According to reports, Tiger Global Management invested in OpenAI at a valuation of approximately $15.7 billion in 2021, with an investment amount of $150 million, and has increased its stake multiple times. Now, OpenAI is seeking to raise $30 billion at a valuation of $1.4 trillion, potentially giving Tiger Global a paper profit of up to $5 billion on its investment. However, Tiger Global cannot fully exit and realize its gains until OpenAI goes public. OpenAI is listed as one of the largest holdings in its latest $2.7 billion venture capital fund, which had a gross internal rate of return of 65% as of the end of June.
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