Even for hardy startup entrepreneurs known for their ability to make lemonade out of lemons, those in Europe were in for a particularly sour surprise on Friday when they woke up to a cascade of shocks following the Brexit referendum in the U.K. Many of them reacted with a mixture of resilience and uncertainty.
Immediately after the results were announced, financial markets went into a tailspin and the British pound fell the most it ever has in a single day, hitting a 31-year low. Prime Minister David Cameron resigned and Britain itself faced the possibility of a breakup, with Scottish politicians suggesting a new referendum in Scotland on leaving the United Kingdom and staying inside the EU.
Image: Flickr user Canan Çengel
