Venture capitalists are moving faster on deals and sweetening their investment offers with more favorable terms for startups. : The venture industry warned of a "black swan" at the start of the pandemic. Instead, they got a golden goose. The stock market rallied, and privately owned tech companies joined a parade of initial public offerings with strong debuts. Their exits gave firms like Andreessen Horowitz and Sequoia Capital some of their best returns ever. Founders are raking in funding at record valuations.
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