One in every five UK startups intends to open a European office due to Brexit, according to survey results published Tuesday by Silicon Valley Bank.The technology bank’s annual “Startup Outlook Survey” — based on responses from 940 startup executives — aims to gauge startup perceptions on business conditions and Brexit, as well as fundraising, hiring, and policy issues.

Source: Silicon Valley Bank: 21% of British startups plan to open a European office as a result of Brexit – Business Insider