Laffont has earned acclaim as an early-stage investor in successful tech companies. He's invested in pre-initial public offering (IPO) winners such as:
He has also increasingly touted the potential of AI, putting money into tech giants such as Nvidia, Broadcom, Meta Platforms, and CoreWeave. AI infrastructure start-up CoreWeave launched its IPO in March 2025 and more than tripled its initial $40 price before falling back to a mere 123% gain in six months. CoreWeave represented his fund's largest holding at the end of Q2 2025, making up 8.1% of Coatue's portfolio.
And while it's currently a minuscule portion of his holdings, Laffont described Bitcoin (BTC -1.60%) as a potentially intriguing investment opportunity at a May cryptocurrency summit, adding that if the crypto's beta continues to shrink, "that would be very interesting."
Philosophy & legacy
Launched in 1999, Coatue has survived both the dot-com bust of the early 2000s and the 2008-2009 financial crisis. Even though his personal wealth is estimated to have more than tripled since 2019 to $6.5 billion, Laffont told the Financial Times in 2022 that he still wakes up at 3 a.m. every night and checks a Bloomberg terminal to see "what could go wrong."
Laffont's focus on tech isn't a recent development. He left France to earn a degree in computer science from the Massachusetts Institute of Technology. Describing himself as a "repressed mediocre computer scientist," Laffont's success with tech stocks highlights the vital role of infrastructure that's powering technological secular trends.
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