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June 14 (Bloomberg) -- Roger Lee, a managing director at Battery Ventures, speaks with Bloomberg's Douglas MacMillan about 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)
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