Silicon Valley mega investor Ron Conway wants to invest in the real time web, big time.

TechCrunch reports he wants to invest in some 40-50 new companies focused on real time data. 

I’ve been thinking about real time web experiences A LOT lately. I look at things like FriendFeed and Twitter and I see the beginning of something very unique. I think Conway does too. If you could create a similar experience for the masses, I think you’d have yourself something great.  

So what are you waiting for?