Also, when total investement doubles from $406 M to $844 M...that's a huge change in the market. It's hard to believe that a change in valuation from $6.63M to $6M is an independant variable that should be taken seriously.

Also, also, the charts are for all VC money not just 2.0 (i.e. networking etc.) companies.

My favorite piece of evidence on the demise of 2.0 is Your election to person of the year. By time a trend makes it to the cover Time, it must be over!