This new survey from CB Insights of the tech funding and growth ecosystem highlights potential winners and losers of Trump's surprise win.
From a European perspective, I do not see a substantial impact on either the desire to acquire European companies or to provide growth funding to the best businesses. It has been clear during 2016 that there has been a flight to quality which was accelerated by Brexit and will continue with a Trump victory. As usual with tech, the micro trumps the macro.
The US is the center of the global venture capital and startup ecosystem, and US-based investors have become increasingly global in terms of their reach into private markets in Asia, Europe, and elsewhere. The decision yesterday by US voters to elect the underdog Republican candidate Donald Trump as president will no doubt have significant effects on startups in tech, biotech, and private markets in general. Here are the top concerns and likely impacts, according to early views we rounded up from VCs, investors, and analysts, with our own data for context. We assembled a similar roundup of investors’ thoughts and concerns following the Brexit vote, and more than one investor noted the parallels between the Brexit and US presidential votes for private markets.