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One early sign of trouble came last yr, really, with the shuttering of the tech blog Gigaom, a failure that The New York Instances mentioned portended a flurry of contractions” It’s a very harmful time,” Gigaom founder Om Malik told the paper, before promptly becoming a member of a far safer enterprise: a VC agency, True Ventures, that believes in building community” and taking daring dangers”—just not at media websites.
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