Few people understand the Internet and how it is evolving as well as John Borthwick, the co-founder of Betaworks whose THINK/ Musings blog is food for the Internet intelligensia. One of the many online phenomena he articulated early and well is the real-time Web, or what he called originally The Now Web. These days, Borthwick is contemplating the next stage of the Internet's development, the Web of Things. To dip into these heady issues, The Deal caught up with Borthwick earlier this month at Shake Shack II, an informal gathering of 300 of the smartest folks on the New York tech scene. Watch the video below or download it on iTunes. For more on Borthwick, the Now Web and the Web of Things, read below the video. -- Mary Kathleen Flynn