This phenomenon of massive wealth generated by billions of small transactions has created its own virtuous cycle: As it grows, Google is fostering thousands of small businesses across the globe, which in turn depend on Google and help it with both revenue and new content.
What this means is that investors stand the best chance of participating in this renewed merger and acquisition cycle by investing in small to midsize companies, or micro, small-cap and mid-cap mutual funds run by investment managers with a value approach.