The stress is mounting for startups in the United Kingdom because of Brexit. Many started very confident in the industry and didn’t believe Brexit would harm it. However, tech entrepreneurs from the UK are now starting to see the challenges.
A survey of 940 startup executives in the country and other countries, found that the majority are anxious over the changes going into effect in March. Less than 50% believe 2017 will be better than 2016, according to the survey done by Silicon Valley Bank’s London unit.