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Not all startups mourn IPOs, but liquidity still must flow
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This doesn’t mean that these were down rounds, but rather it confirms that our collective focus has shifted far away from unicorns: These days, $1 billion can be the ARR (annual recurring revenue) figure a company wants to hit before going public. Big moves: Fintech company Groww is one of several Indian startups that are relocating their headquarters to India to better comply with local legislation and potentially go public more easily, TechCrunch’s Manish Singh reported. Breathing room: Andreessen Horowitz is making a private GPU cluster available to AI startups in its portfolio through a program called Oxygen, the VC firm confirmed this week.
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