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One early sign of bother got right here final 12 months, really, with the shuttering of the tech blog Gigaom, a failure that The New York Events said portended a flurry of contractions’ It is a very harmful time,’ Gigaom founder Om Malik told the paper, sooner than promptly becoming a member of a far safer enterprise: a VC agency, True Ventures, that believes in constructing neighborhood’ and taking daring risks’’”merely not at media web sites.

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