PHILADELPHIA (MNI) - New U.S. companies that do business on the internet are reporting strong revenue growth and expanding payrolls as investment surges, new ventures prove their viability, and startup costs decline, according to web entrepreneurs and venture capitalists.
Internet-based businesses including a maker of employee-management software, a reseller of mobile devices, and a web-based provider of seed capital to small businesses - many of them internet-based themselves - are seeing double-digit growth, and building their work forces to meet the demand, officials told MNI.
To read the original article: Reality Check: Online Startups Boom on Investment, Low Costs | MNI
