In an earlier post I discussed that the Web 2.0 phenomenon was still nascent. Although I still believe that we will have to wait a wee bit longer before Joe Public starts to pick up on the wave, it is not that far off. Check out the recent coverage of Meebo, a web-based IM service, on CNBC. In this newscast they interview Seth Sternberg discuss the massive increase in venture funding for Internet companies. This video snippit also features commentary by David Hornik. David was one of the Top 5 VCs for Web 2.0 according to our friends at TechCrunch. Anyhoo, my spidey-sense is tingling-this web-slinger has to jet.