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The Screamin' Hot Report: HUT

July 16, 2024

You won’t find many investment shops that know their way around the world of technology better than Coatue Management.

The firm was founded in 1999 by Philippe Laffont after leaving the renowned hedge fund, Tiger Management. 

Today, Coatue has emerged as one of the top “Tiger Cubs” and is revered for their astounding track record of investing in early-stage internet companies.

Coatue was there early in names like Tik-Tok, Snapchat, and Spotify… and most recently in OpenAI, the parent company of ChatGPT.

The firm made a new AI investment a few weeks ago, and it is one of the more significant insider transactions we’ve seen all year.

Allow me to explain…

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