VCs and Blogging

OM Malik, in his GigaOM blog, says that Blogging is the next new thing for VCs.

Well maybe we’ll invest in some blogging stuff. Most likely it will be aggregation sites like Technorati and others. And tools for blogging like Six Apart and others. I doubt VCs will invest directly in blogs because most blogs are too niche for VC returns.

But i think the bigger impact for VCs will be in using blogging to talk about what they are interested in, get intelligence, network, etc. That’s a big reason why i blog.