How Would a Brexit Impact the U.K.'s Tech Industry?

Phil Cox from Silicon Valley Bank discusses the potential impact of Brexit on the UK technology industry, focusing on concerns about market access, talent acquisition, and investment. He highlights the importance of the EU market for talent and the potential shift in investment focus to other European locations. The bank's global asset distribution and market expansion are also discussed, along with concerns about banking services and passporting post-Brexit.

What is a major concern for the UK technology industry regarding Brexit?

• Decrease in technology demand

• Increase in local talent availability

• Improved trade relations with the EU

• Loss of access to the EU market and talent

How might Brexit affect venture capital funding in the UK?

• Immediate increase in local investments

• Slowdown in investing activity

• Increase in funding from Silicon Valley

• No change in funding patterns

What might UK-based technology companies consider due to Brexit?

• Expanding only within the UK

• Relocating to non-European countries

• Focusing solely on the US market

• Exploring other European locations

Where is the center of Silicon Valley Bank's organization?

• Dublin

• California

• London

• Berlin

What is a concern for the banking industry related to Brexit?

• Decrease in global banking operations

• Passporting of licenses

• Increase in local banking regulations

• Immediate impact on short-term operations