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A Unicorn is a privately held company with a valuation exceeding 1B. What is an important advantage of going through the Venture process one

A Unicorn is a privately held company with a "valuation " exceeding 1B. What is an important advantage of going through the Venture process one or more times? (some Unicorns do NOT)

Banks will only lend to venture-backed companies

It is a requirement for the SEC

It is a diligence process that gives credibility to the company.

There is none

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