The Fight for Survival.

This article reports on the lack of venture capital and its impact on Internet companies in the U.S. in 2000. Many Internet entrepreneurs are simply too young to know how to cope with the business cycle. Their first reaction has been to cut jobs. As Internet startups founder, financial backers are stepping in to remove founders who are either too young or too inexperienced to handle this phase of the business. Still, many experts believe that the Internet offers an opportunity to build businesses that could have existed without the vast communications medium.