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Venture Capital ( VC ) backing plays central role in the Initial Public Offer ( IPO ) process. Which of the following is not associated

Venture Capital

(

)

backing plays central role in the Initial Public Offer

(

IPO

)

process. Which of the following is not associated with VC IPO backing?

Going public sooner

High returns on IPO during listing

Less severe IPO underpricing

Lower cost of going public

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