TPG just raised $1.6 billion for a tech-focused fund after bets on Uber, Spotify, and other private companies paid off big – and shows some of the problems with current funding models

TPG just raised $1.6 billion for a tech-focused fund after bets on Uber, Spotify, and other private companies paid off big – and shows some of the problems with current funding models

TPG has made big money off of technology bets on companies like Uber, Airbnb, Spotify, and Box. Now, it’s raised a new fund to profit from private companies in a different way than its traditional private equity roots. As the private equity firm invested $…
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