Philippe Laffont is Coatue Management’s founder and portfolio manager. On September 30, Coatue had $24.5 billion in assets, 33.11 percent of which were invested in technology companies. He has an interest in investing in technology-related businesses and projects. For Airbyte’s Series B funding of $150 million, Philippe Laffont’s Coatue Management was one of the main investors. For its part, the hedge fund led a funding round for Seattle-based startup Rec Room, which offers a platform for users to design their own personalized and interactive gaming environments.
Here is Insider Monkey’s list of 10 tech to buy according to billionaire Philippe Laffont. Robotic process automation is the focus of UiPath Inc., an international software company. Philippe Laffont, a French billionaire, thinks the company is a great investment. 2.42 percent of total investments are held by Coatue Management, which holds 11.33 million shares worth $596.1 million. Paying with prepaid cards, debit cards, or credit cards has never been easier, thanks to Marqeta, Inc. As of September 30, Echo Street Capital Management held $97.6 million worth of the company’s stock, an increase of 33 percent over the previous quarter. Tiger Global Management, with 10.41 million shares worth $3.31 billion at the end of the third quarter of 2021, was the largest shareholder. For the three months ending September 30, the company’s quarterly revenue increased by 121.83%, outpacing expectations by $209.27 million. With a price target of $455, CLSA upgraded Sea Limited to Buy from Outperform. For a total of $708.4 million, Philippe Laffont holds 215,653 shares of Amazon.com, Inc. Analyst John Blackledge raised his Amazon price target on December 13th, according to Cowen. The billionaire thinks Amazon is a great stock to invest in. POS terminals, auxiliary equipment, and debit cards are offered by the company to small, medium, and large businesses. Moshe Katri, an analyst at Wedbush Securities, cut his price target for Block, Inc. from $250 to $190. For more details, click 10 Tech To Buy According To Billionaire Philippe Laffont.
