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How Tech Got Its Groove Back

After the dotcom bust, the tech industry is picking itself up and dusting itself off for another dance--with the help of some innovative entrepreneurs.

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This story appears in the June 2004 issue of Entrepreneur. Subscribe »

Cautiously optimistic. Those are the words you hear, from Silicon Valley to New York City, when you ask about the mood of the technology industry today. From young startups to old pros, everybody is looking hopefully forward while keeping one eye on the pitfalls of the past. And in the thick of it all, entrepreneurs are lighting the way with solid business plans and a careful attitude toward funding.

OK, now brace yourself. Internet companies are making a comeback. Not money-burning dotcoms as we knew them, but businesses like CertificateSwap.com, an online marketplace for buying and selling gift certificates. CEO Cameron Johnson is a veteran of more than a dozen ventures. He's also 19 and living in a dorm at Virginia Tech. Internet entrepreneurs are a diverse bunch these days.

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