Despite economy, new startups retain optimism

(AP) -- With many established businesses just trying to survive, you might not think it's a good time to start a company, let alone ask anyone for money to help get it rolling. But if a series of presentations from fledgling Silicon Valley startups is any indication, innovation is not braking for the recession.

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<p><a href="http://www.physorg.com/news156696192.html">Despite economy, new startups retain optimism</a></p> <p>(AP) -- With many established businesses just trying to survive, you might not think it's a good time to start a company, let alone ask anyone for money to help get it rolling. But if a series of presentations from fledgling Silicon Valley startups is any indication, innovation is not braking for the recession.</p>