China Startup Outlook 2017
KEY INSIGHTS FROM THE SILICON VALLEY BANK
STARTUP OUTLOOK SURVEY
淘宝店铺
“Vivian研报”
首次收集整理
获取最新报告及后续更新服务请在淘宝搜索店铺“Vivian研报”
或直接用手机淘宝扫描下方二维码
China Startup Outlook 20172
Silicon Valley Bank presents Startup Outlook 2017, the bank’s annual
report on the health of the innovation economy. This year, it comes at
a time of signifcant transition around the world and opportunity in
the innovation sector. In its eighth year, the Startup Outlook survey
asks entrepreneurs to share what they are thinking about business
conditions, access to capital and talent and the critical policy issues
that help or hinder their success.
Nearly 950 technology and healthcare executives, primarily from the
United States, United Kingdom and China, participated in the survey,
which was conducted shortly afer the November 2016 UnitedStates
presidential election. Given this timing, we did recognize some
uncertainty in the responses from what is historically an optimistic
group. As the United States transitions to a new administration and
the United Kingdom negotiates Brexit, startup sentiments and markets
may shif when policies and priorities become clearer. In China, we’re
seeing similar themes as the country navigates a historic transition
from an industrial to an innovation economy.
Against this backdrop, there is good news. The innovation sector is
building strength afer a healthy recalibration in 2016. Public markets
have bounced back, jobs reports are more optimistic, investors are
doing deals, valuations corrected, more funding options are available
and the exit market has improved. No matter where they are located, at
least 85 percent of entrepreneurs are expecting M&A, the ultimate exit
for most startups, to increase or stay the same. In the United States,
SVB is predicting the number of venture capital-backed IPOs to double
or even triple over 2016.
Here’s what else we see: There is more potential now for innovation
to thrive than in the last 25 years. The breadth of opportunity created
by old-world industries being transformed by technology continues to
expand globally. Still, companies forming now will have to prove their
value with a higher bar as investors continue to identify opportunities
with the most promise. We have a long-term positive outlook for the
innovation economy, but individual startups will face challenges.
It’s the nature of the business of building disruptive companies. So
mindful of the unicorn lineup awaiting exits, we will not be surprised
to see companies struggle and fail this year, potentially even more
than in recent years. This is healthy innovation.
Thank you for your interest in Startup Outlook 2017.We hope the
fndings can be useful as you chart your own path or follow this sector.
Looking globally, the opportunities for innovation are abundant.
Greg Becker
President and CEO,
Silicon Valley Bank
Strength in the Innovation Sector
LE
TT
ER
F
RO
M
S
VB
C
EO
China Startup Outlook 20173
Industry sectorProftable
56% Yes
44% No
Ownership
69%
Technology
(net)
15%
Healthcare
(net)
16%
Other
Revenue stage
Total
respondents
941
Primary place of business
62%
US
14%
UK
16%
China
8%
Other17
%
Pre-revenue
65%
Up to $25 million
in revenue
18%
More than
$25 million
in revenue
95%
Private
5%
Public
AB
OU
T
TH
E
SU
RV
EY
Our eighth annual survey of technology and healthcare executives ofers insight into what’s on the minds of innovation leaders
today. For this year’s survey, we received 941 responses covering such topics as how innovation companies are faring, hiring
projections and how government policies are afecting business growth.
About the Startup Outlook 2017 survey
Peerless Insights Survey, a third-party frm, conducted the Startup Outlook 2017 survey online on Silicon Valley Bank’s behalf from November 14, 2016, to January 3, 2017.
China Startup Outlook 20174
Chinese entrepreneurs are cautiously optimistic
about business prospects in 2017. They also
say fundraising and hiring are challenging.
But they are making progress as they navigate
through China’s shif from an industrial
to an innovation economy.
CH
IN
A
ST
AR
TU
P
OU
TL
OO
K
。。。以上简介无排版格式，详细内容请下载查看