One in six adults is either trying to launch a business or is the owner of a new venture less than 42 months old and another one in six is running a more established venture.

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It is a lousy time to launch a multimedia venture, especially one that until a few months ago was hyped as a web-oriented business.

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Historically, that role was the domain of venture capital firms scouring the countryside, analyzing business plans, and committing the seed-level investment capital needed to launch a new venture.

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