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New tech start-ups can rise from the economy’s ashes
February 16, 2009 /
"If we want to see a return of American prosperity, we have no other choice than to invest in creating the future, not merely preserving the past," says Intel CEO Paul Otellini.
"A good forest fire cleans out the prairie," says renowned venture capitalist Steve Jurvetson. Start-ups unburdened by debt or history and cash-rich big companies "thrive on disruption," he says.
By Jon Swartz, USA TODAY
Full Story: http://www.usatoday.com/tech/techinvestor/2009-02-16-tech-startups-economic-troubles_N.htm
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