Monday, December 17, 2001

Bank One/Microsoft deal breaks new ground. [The Banking Channel]

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When the risk takers come into their own - Seattle Post-Intelligencer

Despite the uncertainty in the current economic environment, a number of entrepreneurs and VC investors are convinced that now is an auspicious time to start a new venture. Notes one VC: ìOnly good sailors go out in stormy seas. The teams and the people who are willing to head out with a new enterprise right now are good people to invest in.î In fact, some investors point out that three current technology behemothsóOracle, Microsoft, Sunówere all started during a down technology cycle. The article includes a review of potential advantages for a business started during an economic downturn (e.g. less competition, greater access to intellectual capital).

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