Entrepreneurs are feeling as good as they have in over a year about the prospects for their early-stage companies.
According to the Startup Confidence Index for Q1 2013, 84 percent of entrepreneurs said they are confident their profitability would increase within the next year — the highest confidence level they’ve shown since the Ewing Marion Kauffman Foundation and LegalZoom launched its quarterly survey early last year.
I have to wonder if young companies in the healthcare and life science industries would fall in line with that trend, or demonstrate more reserved confidence in their growth over the next year. Even well-established medical device companies, for one, are already reporting weaker earnings this year. And for growing startups, there’s the extra burden of securing growth capital.