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-5%
0%
5%
10%
15%
20%
25%
30%
35% S&P TECH Dow Jones NASDAQ
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0%
100%
200%
300%
400%
500%
600%
700%
800% NASDAQ S&P TECH Dow Jones
2009 2011 2013 2015 2017 2019
2019
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20
$6.5B
$4.2B
$1.0B
$3.7B
$3.4B
$22B
$11B
$2.0B
$1.5B
$3.1B
$1.0B
$6.8B
$1.3B
$7.0B $35B
$1.4B $1.7B $4.4B$1.7B
$1.4B
$21B
$2.6B
$15B
$1.5B
$2.0B
$4.1B
$1.8B
$3.0B
$6.4B
$9.1B
$5.7B
$1.0B
$2.2B
$2.8B $6.4B
$1.2B
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$6.5B
$4.2B
$1.0B
$3.7B
$3.4B
$22B
$11B
$2.0B
$1.5B
$3.1B
$1.0B
$6.8B
$1.3B
$7.0B $35B
$1.4B $1.7B $4.4B$1.7B
$1.4B
$21B
$2.6B
$15B
$1.5B
$2.0B
$4.1B
$1.8B
$3.0B
$6.4B
$9.1B
$5.7B
$1.0B
$2.2B
$2.8B $6.4B
$1.2B
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23
$6.5B
$4.2B
$1.0B
$3.7B
$3.4B
$22B
$11B
$2.0B
$1.5B
$3.1B
$1.0B
$6.8B
$1.3B
$7.0B $35B
$1.4B $1.7B $4.4B$1.7B
$1.4B
$21B
$2.6B
$15B
$1.5B
$2.0B
$4.1B
$1.8B
$3.0B
$6.4B
$9.1B
$5.7B
$1.0B
$2.2B
$2.8B $6.4B
$1.2B
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25
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27
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$6.5B
$4.2B
$1.0B
$3.7B
$3.4B
$22B
$11B
$2.0B
$1.5B
$3.1B
$1.0B
$6.8B
$1.3B
$7.0B $35B
$1.4B $1.7B $4.4B$1.7B
$1.4B
$21B
$2.6B
$15B
$1.5B
$2.0B
$4.1B
$1.8B
$3.0B
$6.4B
$9.1B
$5.7B
$1.0B
$2.2B
$2.8B $6.4B
$1.2B
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$6.5B
$4.2B
$1.0B
$3.7B
$3.4B
$22B
$11B
$2.0B
$1.5B
$3.1B
$1.0B
$6.8B
$1.3B
$7.0B $35B
$1.4B $1.7B $4.4B$1.7B
$1.4B
$21B
$2.6B
$15B
$1.5B
$2.0B
$4.1B
$1.8B
$3.0B
$6.4B
$9.1B
$5.7B
$1.0B
$2.2B
$2.8B $6.4B
$1.2B
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Aug 2019 tech M&A Monthly 10 Golden Rules for Executive Summaries