Angel investor Jeff Clavier says Sequoia Capital slide show was pivotal moment How do you end an investment boom in the hottest Internet sector since the dotcom era?If you're a top-tier venture capital firm, merely by predicting it. The gloom and doom presentation that Sequoia Capital gave to its portfolio companies last month has done more than put fear into the hearts of Internet startup executives.It's also slashed early-stage valuations for Web 2.0 companies by at least half, according to angel investor Jeff Clavier."Web 2.0 has been reset," says Clavier, a former VC who's had five Web 2.0 companies sold and who this year was named one of the 25 most influential people on the Web by BusinessWeek magazine.Clavier has invested in more than 20 companies from his current, $12 million seed ... [ Read more ]