US-based Silicon Valley Bank survey finds three in four entrepreneurs expect business conditions will get even better in the coming 12 months and so the vast majority of surveyed companies (83%) plan to hire in the coming year.

Four-fifths of start-ups plan to hire more people this year on the back of strong results last year, according to a survey by US-based Silicon Valley Bank (SVB).

SVB said in its Startup Oulook 2011 survey of 375 US-based, private, venture capital-backed software, hardware, life science and clean-tech companies that 23% exceeded their 2010 revenue targets, up significantly from 2009’s 15%.

Three in four also expected business conditions will get even better in the coming 12 months and so…