Om Malik has some scoops on GigaOm: Essays: For VCs, Blogging is the Next New Thing. He writes about the newfound interest VCs have for blogs and links to some good related reads.
Back at the beginning of October I met the people behind Six Apart at a meeting here in NYC and was pleasantly surprised to meet Joi Ito, the VC brains behind TypePad. In my short conversation with him and Anil Dash I got a smidgen of sense of where all of this potential VC madness could be headed for: a synergy between instant publishing, mobile components and Wi-Fi. So in effect, VCs are not looking at blogs as single products but as the links to a myriad of developing technologies.
My question is, what with the alleged money thrown at Friendster, are we headed for another 1999?