Small is beautiful

The small company universe in the US presents investors with a myriad of interesting investment opportunities partly as a result of the country's strong entrepreneurial culture. The venture capital industry is very well-established and actively promotes the development of new ventures by the ever-growing army of MBA graduates. With risk-taking perceived to be both a normal and an essential part of the corporate landscape, start-up companies proliferate to a far greater degree than in the UK or Europe. Many of these are set up to carry out specific roles created by the rapid advance of te...