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Silicon Valley Venture Capitalists Prepare for an I.P.O. Wave - The New York Times

The tide has turned, venture capitalists said. I talk to bankers all the time and theyre like: Dude, we have stuff coming down the pike. Theres a bunch of offerings teed up, said Rob Hayes, a general partner at First Round Capital, who led a $1.5 million funding round in Uber in 2010 that valued the company at $4 million. Uber is now worth $68 billion.