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Dotcom Damage

Will the entrepreneurial role of women become the Net era's greatest casualty?

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This story appears in the January 2002 issue of Entrepreneur. Subscribe »

The dotcom crash hit many businesses hard, but have women entrepreneurs suffered more than their male counterparts? Syl Tang thinks so. "People who once believed in my company now suggest I get a 'girlie job,' such as PR," says Tang, 28, CEO of HipGuide, a multimedia city guide in New York City.

"Women entrepreneurs, despite what financiers may say, are still considered an investment risk," Tang contends. Because of this unspoken sentiment, she believes, women-owned businesses are among the first affected by an economic crunch and the last to get the financing or lines of credit they need.

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