Tiger Global Management leads $80 Million Funding Round for Quora Inc

April 15th, 2014
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Tiger Global Management has led the charge in an $80 million fund raising campaign for Quora Inc, an online knowledge-share website. As reported by Bloomberg News, Benchmark and Matrix Partners are also investment partners in Quora Inc, which was started by Adam D’Angelo, an ex-Facebook executive, in 2009.

Chase Coleman’s Tiger Global Management is a leading TMT focused hedge fund that invests in both private and public equities.

Quora Inc has yet to generate any revenue; however, it was valued by investors in a previous round of funding at $400 million. According to company executives, there are no plans for an initial public offering in the foreseeable future and it expects to keep the funds on hand for product improvement.
For Detailed Investor Profiles on these Investors, click below:
Tiger Global Management
Related People: Chase Coleman; Feroz Dewan; Julian Robertson; Neeraj Chandra
Related Entities: Tiger Global Funds; Tiger Management Corporation; Tiger Technology LP
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Investment Management and Hedge Fund Firm Mergers, Acquisitions, Spin-offs and Transactions

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