This year, UK-focused investors will likely have enviously eyed the super-charged American tech industry, which has been a key reason the S&P 500 has managed to push ahead by 7 per cent, while the FTSE 100 has shed more than a fifth. Under these circumstances, who wouldn't want to find the next Amazon.
Rapid sales growth
Disproportionate spending on sales and marketing vs R&D
Competition heating up
Persistent short interest