My God even lawyers are doing it

Trying to figure out what to read in the blogosphere or who to follow in the twitterverse (not to say anything of all the other spheres and verses) who to friend and who to link in with has become like trying to find some place to put the snow in Boston.

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There is just too much out there – snow and blogs.

Finally, here is something that actually might be helpful.  Larry Cheng has published his 2011 directory of top VC blogs.  Here is the link.  His directory lists 149 VC, seed etc. blogs.  The top ones are ranked by number of monthly uniques in Q4.  Thank you Larry. 

But, who is really going to read all those blogs?  No one.

This kind of crowding happens just before a shakeout.  We are in the bubble before the burst.  Think .com in 1999 or tulips in 1624.  Whatever all these VCs think they are getting from all the blogging, the returns will not be there for almost all of them. 

Here are two predictions:

  • Many will soon stop blogging (and by soon I mean 24 months). 
  • Some will find nitches in industry or other verticles.

Blogging is on the verge of becoming a mature industry with a relatively small number of established players who express the mainstream opinions for the Venture industry, and they will be enough.  Blogging will soon be old and stodgy – my god even lawyers are doing it.  The wave of accountant bloggers can’t be too far behind.