Carl Pei’s Billion-Dollar Nothing: Tiger Global’s Splurge
In an impressive financial flex on the technology stage, Carl Pei's startup, Nothing, secured a cool $200 million in a Series C funding round, led by none other than the tiger-themed investment behemoth, Tiger Global. The transaction pegs Nothing's valuation at a borderline magical $1.3 billion, reminding us that sometimes it takes a ton of money to make 'nothing' worth something. This mind-boggling milestone wound up in early 2024, cementing Pei's reputation as the man who can turn minimalist branding into multi-billion-dollar magic — because if you can’t fill the phone with features, fill the bank account instead, right?
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Nothing raised $200 million and hit a $1.3 billion valuation. Apparently, investors are betting big on literally ‘nothing’—which might just be the first startup to monetize the void itself.
Carl Pei’s Nothing just turned empty promises into a $1.3 billion empire. Maybe next round, they’ll sell us air for that price too.
When investors drop $200 million on a company called Nothing, you realize capitalism really loves irony disguised as innovation.
Source: Techcrunch | Published: 9/16/2025 | Author: Ivan Mehta
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