Startup Outlook Stats

Some interesting stats from The Silicon Valley Bank’s Startup Outlook report based on their survey of private companies across the U.S. in the software, life science, hardware and cleantech sectors. More than 750 companies completed the survey in December 2012.

In response to the question, “What piece of advice would you give to President Obama with regards to supporting the innovation economy,” startup executives had this to say:

•  28% Would like our leaders to focus on ways to stimulate business growth;
•  18% would like more focus on building the talent pool in the U.S.; and
•  12% would like to ease regulation.

Check out the infographic below to see more results or access the report here.

Startup Outlook Stats_img

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As startup lawyers, we often receive inquiries from passionate entrepreneurs and founders seeking guidance on when they should consider taking their side projects to the next step by forming a legal entity. Forming a company is a “crossing the Rubicon” moment for any startup. It’s an essential step…