U.K. Startups Eye Move to the Continent as Brexit Sows Angst
- Survey finds executives worried about hiring and fundraising
- Silicon Valley Bank still confident London will be top hub
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British technology startups are beginning to stress out over Brexit.
Initially confident their industry wouldn’t be harmed by Britain’s break from the European Union, U.K. tech entrepreneurs are now girding for a bevy of challenges. A poll of 940 startup executives in the U.K. and other nations found that Brexit, which is set to be triggered in March, is sowing anxiety about fundraising, the hiring of non-British employees, and accessing the European market.