Tech IPO slump likely to continue as SoftBank, other investors hand out bigger checks

Tech IPO slump likely to continue as SoftBank, other investors hand out bigger checks

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File photo

Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year.

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