09.1 Billion-Dollar Companies Europe is now consistently producing companies exceeding Europe is now consistently producing companies exceeding $5B+ in value $5B+ in value # of $1B+ European tech companies by latest valuation $1B+ 49 LEGEND # of $1B+ companies $5B+ 7 $10B+ 5 0 5 10 15 20 25 30 35 40 45 50 55 # of $1B+ companies Note: $1B+ European tech companies founded since 2003. Latest Source: valuation as of 31 October 2018. Europe is now producing $1B+ tech companies at a EUROPEAN $B+ TECH COMPANIES rate that is greater than an order of magnitude higher than the last decade increase in the number of $1B+ companies founded per decade that hit a $1B+ by Year X 8 of this decade (2010s) compared to Year 8 15 of the last decade (2000s) Europe’s $1B+ tech companies are finding shareholder liquidity via IPOs and M&A and Europe's $B+ tech companies are ïnding shareholder liquidity via IPOs and M&A and helping to release capital & helping to release capital & experienced talent back into the ecosystem experienced talent back into the ecosystem # of $1B+ European tech companies by ownership status Private 28 LEGEND Ownership status Public 23 Acquired 10 0 5 10 15 20 25 30 # of $B+ European tech companies Note: $1B+ European tech companies founded since 2003. Latest Source: ownership status as of 31 October 2018. 129 In Partnership with & www.thestateofeuropeantech.com