This Viral Bagel Chain Could Be Worth $300 Million After Tiger Global’s Bet

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Investment firm Tiger Global Management has quietly backed PopUp Bagels, reportedly taking the viral NYC chain’s valuation to a five-fold surge in just five months.

The late-March investment values the chain at $300 million, according to a Bloomberg report published on Friday.

Pop Up Bagels and Tiger Global did not immediately respond to Benzinga‘s requests for comment.

Tiger Global’s Selective Comeback

Tiger Global made its name backing high-growth technology companies such as Meta Platforms Inc (NASDAQ:META). After pulling back from aggressive venture bets following the 2022 tech downturn that saw its portfolio drop over …

Full story available on Benzinga.com

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