大多数英国健康和科技创业的目标AcquisitionAround 59 percent of business startups in the country share the goal, according to a new report
Opinions expressed by Entrepreneur contributors are their own.
U.K. health and tech startups are looking for suitors.
Fifty-nine percent of U.K. startups say their long-term goal is to be acquired, while 17 percent aim to complete an IPO, according toSilicon Valley Bank's Outlook reportthat included tech and health businesses.
Still, lasting long enough to achieve this goal may prove challenge for many companies, considering 80 percent of respondents characterize the fundraising environment as somewhat or extremely challenging.
Related:Taking the Startup Plunge? Be Prepared for These 5 Realities.
Phil Cox, the president of Silicon Valley Bank's U.K. branch, said in the article that even though the markets have slowed in the past year, the bank remain "cautiously optimistic."
"We're expecting a healthy recalibration in terms of tech valuations, but funding will always be available for startups solving real problems," he said. "This year, businesses will be focusing on profitability over growth at all costs – which will ensure that the U.K. innovation economy continues to thrive and maintain its position on the global stage."
Related:6 Lean Startup Lessons From the Co-Founder of the Lean Startup Company
This is the fourth year Silicon Valley Bank has released this report. This year's edition features other start-up and business related concerns including access to high-quality talent, diversity in the workplace and skill sets.
This study was previously covered byTech City News.
