A new breed of "micro-multinational" is emerging among the many Web 2.0 social networking startups, as described by The San Jose Mercury News. A micro-multinational is "a small company that acts big by skillfully using the Internet and other technologies".
The article discusses RockYou, a 14-employee startup that has subcontracted to engineers in China, India, Japan and Romania and partnered with Gizmoz, an Israel-based maker of online avatars. It mentions that over 20% of the 50 employees at Slide, a leading widget maker, are foreign nationals, including engineers from Guadalajara, Mexico.
Source: Rise of the Micro Giants, by Scott Duke Harris, San Jose Mercury News, July 14, 2007.