Tiny Uruguay has such a small local market, companies there must think globally. Luckily, they're prepared to do so: Local education rates are rising, and expats such as Wi-Fi pioneer Pablo Brenner are returning.
Venture capitalists, corporations, private-equity firms, and more poured billions into private companies this year--a huge boon for titans like Facebook and Groupon. Here, the best of the rest starting 2012 with supersize bankrolls.
The city is humanity's laboratory, where people flock to dream, create, build, and rebuild. Each year, we spotlight the building blocks of that progress -- bold ideas that promise to enrich our cities and economies.