In the world of M&A, the distinction between known unknowns and unknown unknowns becomes apparent when acquiring established companies versus startups. While established companies come with known uncertainties based on historical performance, startups operate in the realm of unknown possibilities. Valuing startups proves challenging as traditional metrics and multiples may not apply.
During the Corporate Startup Stars Awards Ceremony held in Paris on Dec. 16th, Mind the Bridge presented some of the main evidences emerging from the Report “Evolve or Be Extinct. Future Models of Open Innovation from the 2021 Global Corporate Startup Stars” that analyses how Fortune 500/Forbes 2000 companies interact with startups and scaleups at global level.
Presented today in Milan, hosted by Borsa Italiana, the “Fintech M&As Study” realized by Mind the Bridge in collaboration with L’Atelier BNP-Paribas Americas. Based on the “Tech Startup M&As: 2018 Report” published in 2018 with Crunchbase, the study focuses on M&As in the global Fintech scene, covering today a wide range of solutions, from lending to saving, personal and institutional investments, equity financing, consumer banking, and more.
Yet it is not enough: the Italian ecosystem still ranks 11th in Europe, right behind the Netherlands, Finland and Denmark. Among the Southern European Countries, Italy ranks 2nd behind the sole top-player of the region, Spain. Spanish scaleup were able to raised more than $3.2B, which is almost 2.5 times the capital secured by Italian companies.
The M&A global market is stable and increasingly a prerogative of US and Europe, according to the annual report “Tech Startup M&As” presented today by Mind the Bridge together with Crunchbase and with the support of global law firm Orrick, Herrington & Sutcliffe LLP. The report was unveiled at the "European Innovation Day" Conference in Mountain View (CA), the flagship event of the fourth edition of the Startup Europe Comes to Silicon Valley program.