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Comment on VC investments in Web 2.0 start-ups increased 108% in 2006!

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Well of course it did, "Web 2.0" didn't hardly exist in 2005. Tim O'Reilly's summary of Web 2.0 was written on the last day of September, and pg's essay was in November. The Web 2.0 concepts were out there earlier, of course, but there wasn't really an idea of a "Web 2.0 startup" for most of 2005.

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