Coatue is funding random startups with no track record at insane valuations. Will it be the bag holder when this bubble bursts? Is it the next SoftBank?
As an insider: yeah⦠no/low DD process going on. But they are not as big as SoftBank.
Whose capital are they deploying?
They are a hedge fund, the VC side is just one arm of their operation
Noticed the same; Startups that would have been seen as early-stage just a few years ago receiving 1B+ valuations from Coatue.