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Start-Ups: Here to Stay

...despite what the headlines say.

This story appears in the March 2001 issue of Entrepreneurs Start-Ups magazine.

Stop me if you've heard this one before: Thousands of start-ups walk into the so-called Internet revolution. Investors toss money at them like they're tossing candy to children from a parade float. The start-ups do really well for a while and spend lots of money. They start not to do so well. And without warning, seemingly overnight, countless dotcoms vanish like yesterday's news. Pretty funny joke, huh?

It's not a joke, of course. It's actually a tired refrain that's bought a significant chunk of real estate in national and international headlines for several months now. Indeed, the news about all the failed dotcoms is no longer news at all. It's about as fresh as a dented can of SPAM that made its way to the back of a pantry years ago and will never see the light of day.

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