This report by GP Bullhound LLP focuses on Europe's flagship technology companies, including Supercell, Zalando, and Spotify, which are valued at over $1 billion. The report argues that Europe's technology sector has the talent, confidence, and capital to create a stable of healthy billion-dollar businesses, but it also highlights the need to raise the ambition level further. The report includes expert views from Ilkka Paananen of Supercell, Jitse Groen of Takeaway.com, Tomer Bar-Zeev of IronSource, and Manish Madhvani of GP Bullhound. The report concludes that the valuation of a business is not the most important thing, and that Europe's technology entrepreneurs should focus on building serious technology and companies of genuine scale.