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22 years after Amazon's dream IPO, startups shun public listings

Flood of venture capital allows tech companies to avoid scrutiny of markets

WeWork raised far more money than Amazon before attempting to go public, but now it finds itself in trouble.

TOKYO -- Private tech companies are increasingly shunning the traditional use of public listings as a springboard to growth, as a glut of venture capital gives them ready access to funding without the scrutiny and regulatory restrictions required by equity markets.

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