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Roger Lee, a managing director at Battery Ventures, explains how initial public offerings are fueling venture capital investments in Silicon Valley.

Venture capitalists raised $12.5 billion last year, the lowest since 2003. This year, they are poised for a comeback, with the public offerings of technology startups like Groupon Inc. and Zynga Inc. expected to rack up investor returns in the billions of dollars. (Source: Bloomberg)

(Hans ten Broeke/Kuo)

Running time 05:22

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