21 November – LAWFUEL – The Law News Network – Foley & Lardner LLP’s survey on the business environment facing emerging companies found that stagnant equity markets will continue to drive capital toward start-ups while the current marketplace has too many dollars and too few quality managers.
The survey, measuring the attitudes and perspectives of top executives, advisors, outside consultants and investors in the emerging technology industry, reflects a stagnant, post-bubble IPO market as 75 percent of respondents said they expect M&A to be their exit strategy in the next few years. The survey also reported that 60 percent of respondents said the quality of management is the single most important factor in determining the success of an emerging technology business.
The survey coincides with Foley’s 2005 Emerging Technologies Conference in Boston on November 17.
