If you haven’t noticed it yet, Om Malik is taking the blogosphere by storm with his very popular web property. In June he announced he was leaving Business 2.0 to focus on his own venture, GigaOM. Having raised venture capital from Jon Callaghan at True Ventures, Om is getting advice from some of the brightest stars in the valley including Tony Conrad and Toni Schneider.

Who is this guy anyway? To start he is a great technology writer who you may have read in The Wall Street Journal or Crains. He was one of the founders of Forbes.com and of course was a driving force behind Business 2.0 and a senior writer for Red Herring. He took a brief break and became a venture capitalist by joining Hambrecht & Quist as an investment manager. Prior that he attended the Yale of India (St. Stephens College in New Delhi).

What is going on? Om is building a great team to build GigaOM including his most recent hire Liz Gannes. Contributors include folks like Daniel Berninger who is an analyst from Tier1 Research, Jackson West from SFist, Robert Young a serial entrepreneur and of course Katie Fehrenbacher formerly with Red Herring, now a staff writer for GigaOm.

Why should you care? Om is becoming the go-to source for immediate, smart, informed and critical information about VoIP/Telecom, Startups, Mobile, Broadband and Software. He has been in the game since the mid-90s and simply has the best rolodex around. If there is a story, Om will have it and be able to explain why it matters to you. If you can only read one tech blog I highly recommend GigaOM.

Two months ago we were hanging out with Liz Gannes at the Under the Radar party and joked that she should become GigaLiz (Om had just left Business 2.0 to start his own venture GigaOm). Just got the email yesterday that Liz took our joke to heart and decided to leave Red Herring and join GigaOm. Wow! We were only joking!!! But, WOW, what a great idea. We are excited for Liz and expect even greater things from GigaOm now. [via myself]