Portfolio companies Snap (15% of Q3 2023 holdings) and others faced significant layoffs in 2022-2024. Coatue pushed aggressive growth strategies during the zero-interest-rate era, followed by cost-cutting pressure as rates rose. The firm's crossover strategy means it holds both public and private stakes, giving it significant influence over portfolio company operations.
#248 on the board
C
Coatue Management
Venture FundMixed record50/100low confidence · 3 issues
1 opposed1 mixed1 supported
Crossover fund. Snap, DoorDash, Instacart investments.
AUM$75B+coatue.com
The receipts (3)
Philippe Laffont's Coatue Management has emerged as a major AI investor, holding 10% of portfolio in Nvidia as of Q3 2023 and backing AI infrastructure companies like CoreWeave and Hut 8. Laffont is launching a dedicated AI fund in 2026 focused on public and private AI companies. The firm takes a data-driven, quantitative approach to AI investment decisions.