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Silicon Valley needs 2017 to be a blockbuster year of tech IPOs

Customers queueing to buy Snapchat Spectacles inside its pop-up store in New York. The company is targeting a public listing in the first quarter of next year at a value of about US$20b to US$25b.

New York

THE health of Silicon Valley's investing ecosystem in 2017 will depend on something that didn't really happen this year: a flood of technology initial public offerings.

While going public is just one step in a successful company's arc, the scarcity of blockbuster...

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