Tiger Global Management operates as a rare "crossover" platform that bridges private venture investing and public equities at massive scale, allowing the same team to follow companies from early stage through IPO and beyond with a systematized, data-driven approach more like a quant shop than traditional relationship-driven VC. Known among founders for extremely fast term sheets and minimal governance involvement, Tiger became a defining force in late-stage venture by averaging more than four private deals per week and backing roughly a startup a day in 2021, making it both a "winning machine" during the tech boom and a cautionary tale during the subsequent drawdown.