Friday, November 18, 2016

Silicon Valley Bank Opens Startup Outlook Survey

Silicon Valley Bank, which provides banking services, loans, and other financial products to many startups in Southern California, has opened up its annual Startup Outlook Survey, according to the company this week. The survey quizzes companies about how their businesses are doing, and gauges executive opinions and mood about the startup industry. Mark Turk, senior market manager for Silicon Valley Bank's Southern California region, explained, that the survey asks startups "about fundraising, hiring and public policy issues, among other things" and said the "results are then shared with the public and policymakers to help them understand how startups in LA, and around the world, are driving the economy." SVB said the results of the survey will be published in the first quarter of 2017. (SVB is a sponsor of socaltech.com, which is not involved in the survey).

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