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Tech bosses have long sought to disrupt the initial public offering (IPO). They bristle at the thought of the high fees collected by spreadsheet-savvy investment bankers for flogging their vision, at the alchemical process of divvying up shares to new investors and at the money left on the table when the price of a company’s shares soars as soon as they begin trading on an exchange. Many plans have been hatched to improve the process, with varying degrees of success. When going public
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