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There’s rarely a day that goes by without some high flying tech company announcing it has closed a huge Series C or D round in a Tech Blog. In fact, the tech companies that are currently valued at one billion dollars (or more) have taken an average of five rounds of financing. Generally, it’s easy to understand why tech companies raise so many rounds of financing: They typically have to hire a substantial number of well-paid engineers and designers ahead of revenue.  Private and public mark...
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