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Dotcom Damage

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

By Aliza P. Sherman • Jan 1, 2002

Opinions expressed by Entrepreneur contributors are their own.

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

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

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