IPO Wave Is Coming, and Investors Spy a Payday

With Dropbox and Spotify successfully going public, tech investors believe that a bonanza of initial public offerings is finally about to arrive

(Left) The venture capitalist Bill Gurley in San Francisco. Gurley has demonstrated a knack for backing companies that make big money once they go public. He is one of the biggest investors in Uber. Photo: Peter Earl McCollough/The New York Times. (Right) The venture capitalist Steve Anderson at his office in San Francisco. Photo: Peter DaSilva/The New York Times
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