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Tiger Alum's New Venture Targets Offline Experiences Amid AI-Driven Work Shifts

Bloomberg Markets •
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Greg Mazlin, a former Tiger Global partner, and Matthew Lloyd-Thomas are leveraging AI and hybrid work trends to invest in companies helping people disconnect from screens. Their fund targets firms capitalizing on increased leisure time and demand for real-life experiences. Mazlin, who left Tiger's $50 billion empire in 2024, launched his first fund to back adventure sports and hybrid work solutions. Milky Way Park, co-founded by Lloyd-Thomas, owns Thomson Tours (bike tours) and Alpenglow Expeditions (mountain trips), with plans to expand into other outdoor activities. The partnership with Carol Massar and Tim Stenovec highlights a strategic pivot toward experiential offerings.

This shift reflects broader market changes: AI automation and flexible work models are freeing up time for physical activities. Investors back Mazlin's thesis that screen fatigue will drive demand for immersive adventures. Thomson Tours and Alpenglow exemplify this trend, blending technology with outdoor engagement. Mazlin's exit from Tiger signals confidence in niche experiential markets over traditional tech.

The fund's focus on adventure sports aligns with post-pandemic preferences for tactile experiences. By targeting companies that merge AI efficiency with outdoor access, Mazlin and Lloyd-Thomas aim to capture a $12 billion global adventure tourism sector. Their strategy hinges on hybrid work's permanence, which analysts project will keep 30% of workers remote by 2027.

Key entities: Greg Mazlin, Matthew Lloyd-Thomas, Milky Way Park, Thomson Tours, Alpenglow Expeditions. Critical figure: $50 billion (Tiger Global's former size). Trend: Hybrid work + AI leisure time. Market impact: $12B adventure tourism growth. Quote: "We're betting on people choosing mountains over monitors," Mazlin told Bloomberg.