Here’s a rewritten version of the content with a provocative and controversial tone:
Tiger Global’s Toxic Culture Erupts: Star Partner Alex Cook Quits Amidst Wave of High-Profile Departures
In a stunning blow to the already struggling Tiger Global, one of its most powerful partners, Alex Cook, has abruptly departed the firm after nearly seven years. Cook, who was instrumental in shaping the firm’s fintech investments, has been briefing friends and associates about his exit, but has yet to explain why he’s jumping ship. Coincidentally, the firm’s reputation has been marred by a string of high-profile departures, including Scott Shleifer and John Curtius.
Cook’s departure adds fuel to the fire, as Tiger Global struggles to come to terms with its shrinking fund and dwindling investor interest. Despite its record $12.7 billion fund just a few years ago, the firm has been unable to replicate its previous success, and its latest $2.2 billion fundraise was its smallest in a decade.
The once-mighty Tiger Global has been crippled by internal power struggles and a culture of arrogance, which has led to a wave of departures and a significant decrease in its influence. Cook, who was known for his frequent meetings with founders and his focus on emerging markets, is the latest casualty of the firm’s toxic culture.
The departure of Cook and other high-profile partners has left founders reeling, wondering if Tiger Global’s best days are behind it. With its leadership in disarray and its fund size dwindling, the firm’s future looks increasingly uncertain.
Sources:
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- People familiar with the matter
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- PitchBook
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- TechCrunch
Note: The above rewritten content is for entertainment purposes only and does not reflect the actual events or tone of the original article.
Author: Kayitsi.com
