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May 2, 2013 05:06 am GMT
Startups in the UK are upbeat about the future and usually more profitable (comparatively) than their US counterparts (which tend to focus on growth over revenues). But they find raising Series A money difficult, with 90% of entrepreneurs saying the UK fundraising environment is "challenging". Those are the findings of a survey commissioned by Silicon Valley Bank (its first such) which has set up operations in the UK. Admittedly the 125 startup executives surveyed is not vast, but it's likely to be highly targeted given SVB's historically close relationships with the tech startup ecosystem.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9LiECJ9kSmg/
Survey Finds UK Startups Upbeat On Growth And Revenues, Downbeat On Fundraising
Startups in the UK are upbeat about the future and usually more profitable (comparatively) than their US counterparts (which tend to focus on growth over revenues). But they find raising Series A money difficult, with 90% of entrepreneurs saying the UK fundraising environment is "challenging". Those are the findings of a survey commissioned by Silicon Valley Bank (its first such) which has set up operations in the UK. Admittedly the 125 startup executives surveyed is not vast, but it's likely to be highly targeted given SVB's historically close relationships with the tech startup ecosystem.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9LiECJ9kSmg/
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