Both the software industry (especially big tech) and the Biotech/Pharma sector are driven by acquisitions. Small promising companies that have the potential of becoming a 100 bagger are taken over. This was not the case in the past - where internal pipelines drove business growth. As such, your study should also at least track M&A figures of the different sectors.
Both the software industry (especially big tech) and the Biotech/Pharma sector are driven by acquisitions. Small promising companies that have the potential of becoming a 100 bagger are taken over. This was not the case in the past - where internal pipelines drove business growth. As such, your study should also at least track M&A figures of the different sectors.
Thanks for the comment. Will include it in the project!