Investment banks cosy up to VCs in hunt for potential unicorns
Bankers want to build early relationships with startups by facilitating larger funding rounds amid rapidly rising valuations
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INVESTMENT banks in Asia are increasingly getting intimate with the region's startup space.
In leveraging ties to top venture capital (VC) firms in the region, the investment banking world is going in early to sniff out potential unicorns, and facilitate fundraising deals that can balloon to billions of dollars in just a few years.
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