Survey Signals Prospects for Growth in Emerging Tech

27 December 2010 Publication
Author(s): Gabor Garai Susan E. Pravda

The Deal

Foley Partner and Chair of the Private Equity & Venture Capital Practice Gabor Garai and Boston Office Managing Partner and Chairwoman of the firm's Emerging Technologies Industry Team Susan Pravda authored an article titled "Survey Signals Prospects for Growth in Emerging Tech," which appeared in The Deal on December 16, 2010. Garai and Pravda discuss and analyze the industry outlook for 2011 based on findings from the firm's Sixth Annual Emerging Technology Companies survey. They acknowledge that tech entrepreneurs continue to face a radically different financing environment with mixed economic indicators, yet remain optimistic in their perspective, suggesting business growth in the next few years. The authors specifically recognize tech startups' strategic plan adjustments as crucial adaptation in response to the shifting business environment, setting the stage for maximum growth potential.