Venture Capitalists Waking Up To Blog Boom

Red Herring published an interesting article indicating that there maybe significant moves afoot to further harness the revenue opportunities of consumer created content such as blogs. Venture Capitalists and Internet Executives at the Think Equity technology and investor conference in California apparently took particular note of recent blog web traffic data showing a 31% increase for the first 7 months of 2005 according to Nielsen/NetRatings.