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Jason Calacanis

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American businessman

Jason Calacanis
Calacanis in 2018
Born (1970-11-28)November 28, 1970 (age 54)
Bay Ridge, Brooklyn, New York, U.S.
EducationFordham University (B.A.)
Occupations
SpouseJade Li (m. after 2006)
Children3

Jason McCabe Calacanis (born November 28, 1970) is a podcaster, American Internet entrepreneur,[1]angel investor,[2] and author.[3][4]

His first company was part of thedot-com era in New York. His second venture,Weblogs, Inc., a publishing company that he co-founded together withBrian Alvey, capitalized on the growth ofblogs before being sold toAOL. Calacanis is also an angel investor in various technology startups and co-host of theAll-In podcast alongsideDavid Sacks,Chamath Palihapitiya andDavid Friedberg, and the host ofThis Week in Startups Podcast.

Early life

[edit]

Calacanis was born in theBay Ridge section ofBrooklyn, New York, and has two brothers.[5] He is of half-Greek and half-Irish descent.[6] He graduated fromXaverian High School in 1988 and attendedFordham University, where he received aB.A. inpsychology.[7]

Career

[edit]

Calacanis started his career in the 1990s as a reporter covering the internet industry in New York.[3]

Calacanis was the founder and CEO of Rising Tide Studios, a media company that published print and online publications. During the dot-com boom, Calacanis was active in New York'sSilicon Alley community, and in 1996 began producing theSilicon Alley Reporter.[1] Originally a 16-page photocopied newsletter,[2] it eventually expanded into a 300-page magazine, with a sister publication called theDigital Coast Reporter for the West Coast. Calacanis' socializing earned him a nickname as the "yearbook editor" of the Silicon Alley community.[8] The company also organized conferences in New York, Los Angeles, and San Francisco focused on the Internet, web, and New Media.

Calacanis co-founded the blog networkWeblogs, Inc.[3] withBrian Alvey on September 24, 2003, and the startup was supported by anangel investment fromMark Cuban.[9]

Two years after its inception, the Weblogs, Inc. blogs business was generating $1,000 a day just fromAdSense.[10]Time Warner'sAmerica Online agreed to buy Weblogs, Inc. in October 2005 for $25–30 million.[3][11][12]

Calacanis speaking at the 2005Gnomedex

On November 16, 2006, TechCrunch reported that Calacanis had resigned from his position as CEO of Weblogs, Inc. and general manager ofNetscape.[13] Calacanis later confirmed this on his blog and the Gillmor Gang podcast.[14]

Calacanis joinedSequoia Capital, a venture capital firm,[3] as an EIA (entrepreneur in action) in December, 2006,[15] a position which he held until May, 2007.[16] Through this program, Calacanis invested $25K inTravis Kalanick's company,Uber.[2] As of 2017 the investment was worth roughly $100 million.[3]

In 2007, Calacanis is credited with starting aninternet trend he called "fatblogging" after being fed up with beingoverweight.[17] Fatblogging is when a person loses weight by exercising and then posting their weight afterwards onto their blog for encouragement and support from commenters and other fatbloggers.[17]

He launched the web directoryMahalo ("thank you" in Hawaiian),[11] which raised $20 million in venture capital from investors[18] includingSequoia Capital,News Corp,CBS,Mark Cuban, andElon Musk. Mahalo hit a peak of 15 million unique visitors a month and achieved profitability in 2011, but suffered a sharp decline in traffic that year from theGoogle Panda search algorithm update and shut down in 2014.[19]

Calacanis founded ThisWeekIn.com,[18] which shut down in 2012 but is live again and available as a weekly podcast.[20]

This Week in Startups (also calledTWiSt) is a show founded and hosted by Calacanis. The show was co-hosted byMolly Wood from 2021 to 2023.[21] Molly left the podcast in 2023 for unnamed reasons.

He also founded a startup Inside.com which focuses on delivering thematic newsletters.[22] The company raised $2.6 million.[23]

In June 2019, Calacanis partnered with theNSW Government to create the Sydney Launch Festival for startups to give their pitches to global audiences.[24]

After Elon Musk acquired Twitter in 2022 and re-organized the management and governance structure, Calacanis helped run the company Twitter along with David Sacks.[25]

Angel investing

[edit]

In 2009, Calacanis founded theOpen Angel Forum, an event that connects early-stage startups with angel investors. The forum was the culmination of a series of public comments by Calacanis questioning the ethics of pay-to-pitch angel forums.[26] Calacanis believes startups shouldn't have to pay to pitch angel investors, calling out fees that can range from $1,000 to $8,000 for a single 10- or 15-minute presentation.[27][28] Calacanis is an angel investor inRobinhood,Wealthfront,Uber,[3]Desktop Metal,Datastax,Thumbtack,Superhuman andTrello.[29]

Calacanis raised a $10 million fund for his own venture investment firm to invest in startups that emerged from the Launch conference.[30][31] Limited partners in the fund includeDavid Sacks.[32]Following the success of the Launch conference,[33] Calacanis declared his intent to get closer and more involved in the new ventures that emerged from that conference. The level of investment was around $25,000 to $100,000 in five to 10 startups per year.[2][34]

In 2016, Calacanis was banned from attendingY Combinator's Demo Day. According to a post onHacker News by then-president of Y CombinatorSam Altman, the decision to exclude Calacanis was driven by feedback received from YC founders regarding their interactions with him.[35]

Calacanis publicly announced in 2018 that he had sold all of his Facebook stock, expressing sharp criticism of company CEO and co-founderMark Zuckerberg on the Too Embarrassed to Ask podcast. He called Zuckerberg "completely immoral" in how he runs the business and said, "No founder should ever sell a company to him."[36]

Calacanis authored a book titled"Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000"[3] on angel investing published by HarperCollins in 2017.[37]

In 2018, Calacanis invested inCalm, a meditation app that is valued at $1 billion.[38][39]

Podcasting

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This Week in Startups

[edit]
Podcast
This Week in Startups
Presentation
Hosted byJason Calacanis and Molly Wood
Related
Websitethisweekinstartups.com

This Week in Startups is a weekly podcast created and hosted by Calacanis.[18][40]The Wall Street Journal contributor Cecilie Rohwedder described the podcast as "an influential Web series filmed in the U.S."[41]

History

[edit]

Plans for the podcast were announced on March 16, 2009, through a blog post. The 60-minute program premiered on May 1, 2009, featuringBrian Alvey, CEO and founder of the content management and hosting system Crowd Fusion, as its first guest..[42]

Reception

[edit]

This Week in Startups was listed in an article atFortune.com titled "The Ultimate Guide to the Best Business Podcasts".[43]

All-In

[edit]

As of 2022, Calacanis is co-host of theAll-In podcast, alongsideChamath Palihapitiya,David O. Sacks, andDavid Friedberg.[44][45][46] In May 2022, theAll-In Podcast team hosted their firstAll-In Summit in Miami, where leaders in business and tech attended to discuss the central theme of "What problem do you want to solve right now?"[47]

Personal life

[edit]

Calacanis married Jade Li sometime between 2006 and 2009.[48][49]

Calacanis was an early supporter and founder for the effort behind the successful recall election of the San Francisco District AttorneyChesa Boudin in 2022.[50][51]

Calacanis was a contact listed inJeffrey Epstein's "little black book", which gained attention following the conviction and death of Epstein.[52][53]

Publications

[edit]
  • Jason Calacanis,Angel: How to Invest in Technology Startups, Harper Business, 2017ISBN 9780062560704

References

[edit]
  1. ^abHeilemann, John (July 3, 2006)."Suit 2.0: Back in the nineties, Jason Calacanis was a Silicon Alley cowboy. Now, at AOL, he's in full corporate harness. Is that the only way for an entrepreneur to get to the top?".New York. Vol. 39, no. 24. p. 28.Gale A148358825. Archived fromthe original on December 30, 2006.
  2. ^abcdLoizos, Connie. (June 3, 2013).Entrepreneur Jason Calacanis raising a $10 million fund. Reuters. Retrieved on 2013-07-19.
  3. ^abcdefghManjoo, Farhad (September 27, 2017)."Should the Middle Class Invest in Risky Tech Start-Ups?".The New York Times.ISSN 0362-4331. Archived fromthe original on November 3, 2017. RetrievedJune 4, 2019.
  4. ^Jason Calacanis (November 28, 2005)."My retirement party".Jason Calacanis weblog. Archived fromthe original on July 18, 2018. RetrievedApril 21, 2006.
  5. ^Drange, Matt; Cheng, Candy (June 3, 2021)."Jason Calacanis went from dotcom roadkill to early investor in Uber, Calm, and Robinhood. Here's how he's reshaping venture capital with bluster, ego, and media-savvy".Business Insider. RetrievedJune 9, 2024.
  6. ^Remnick, David (2001).The New Gilded Age: The New Yorker Looks at the Culture of Affluence. Random House Publishing Group. p. 10.ISBN 978-0-375-50705-2.
  7. ^"Featured Discussion Leaders". The Media Center. 2007. Archived fromthe original on May 4, 2007. RetrievedJune 6, 2007.
  8. ^Grigoriadis, Vanessa (March 6, 2000)."Silicon Alley 10003".New York. Retrieved 2010-06-19.
  9. ^"6 Reasons Why You Should Know Jason Calacanis".Startup San Diego. June 6, 2017. RetrievedJune 10, 2020.
  10. ^Penenberg, Adam L.. (2007-09-01)Man vs. Machine | Fast Company | Business + Innovation. Fast Company. Retrieved on 2013-07-19.
  11. ^abDotan, Tom (January 27, 2014)."Entrepreneur making news: Jason Calacanis looks to deriver in journalism".Los Angeles Business Journal.36 (4). CBJ: 1.ISSN 0194-2603.Gale A360474368. Archived fromthe original on October 15, 2022.
  12. ^Arrington, Michael (October 5, 2005)."AOL Acquires Weblogs, Inc". techcrunch.com. RetrievedJune 14, 2010.
  13. ^Arrington, Michael (November 16, 2006)."Jason Calacanis resigns from AOL". Tech Crunch. Retrieved 2010-06-19.
  14. ^Farber, Dan. (2006-11-17)Jason Calacanis talks about leaving AOL and what's next. ZDNet. Retrieved on 2013-07-19.
  15. ^Arrington, Michael (December 5, 2006)."Calacanis takes position at Sequoia Capital". Tech Crunch. Retrieved 2010-06-19.
  16. ^Why Jason Calacanis Is Betting All His Chips On Web VideoArchived October 20, 2021, at theWayback Machine. The Rise to the Top. Retrieved on 2013-07-19.
  17. ^abPham, Alex (June 15, 2007)."On 'fatblogs,' heavy people weigh in".Los Angeles Times.Archived from the original on December 27, 2020. RetrievedDecember 27, 2020.
  18. ^abcDotan, Tom (January 7, 2013). "Ex-search engine finds way to video: Mahalo to produce YouTube channels asInside.com".Los Angeles Business Journal.35 (1): 1.Gale A315221432 – via Cengage.
  19. ^Adam L. Penenberg (June 14, 2012)."Mahalo.com: Pivot or Die". Fast Company. RetrievedJune 18, 2018.
  20. ^Anthony Ha."Jason Calacanis Says He Will Shut Down Podcast Network ThisWeekIn.com, This Week In Startups Will Continue".TechCrunch. AOL.
  21. ^Fred Wilson (July 9, 2011)."This Week In Startups".avc.com.
  22. ^Mazarakis, Shontell, Anna, Alyson (August 3, 2017)."How a founder went from being worth millions to -$10,000 almost overnight — then rebounded to a $100 million fortune".Business Insider. RetrievedOctober 27, 2019.{{cite web}}: CS1 maint: multiple names: authors list (link)
  23. ^"Inside Inside's new local newsletters and its plans to keep scaling (with 750,000 active subscribers on board)".Nieman Lab. RetrievedOctober 27, 2019.
  24. ^Alois, J. D. (June 18, 2019)."Jason Calacanis' Launch Festival Takes Place in Sydney Australia this Week".Crowdfund Insider. RetrievedJune 26, 2019.
  25. ^O'Sullivan, Clare Duffy,Oliver Darcy,Donie (November 15, 2022)."Twitter chaos spills into public view as Musk clashes with and fires employees on the platform | CNN Business".CNN. RetrievedNovember 18, 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)
  26. ^Paul Boutin (December 6, 2009)."Calacanis Launches Open Angel Forum". VentureBeat. RetrievedAugust 11, 2010.
  27. ^Adrianne Jeffries (December 12, 2011)."Pay-to-Pitch Comes Creeping Back: How Much Is Too Much?". Observer. RetrievedJune 21, 2018.
  28. ^Jason Calacanis (October 9, 2010)."Why startups shouldn't have to pay to pitch angel investors". Archived fromthe original on July 21, 2011. RetrievedAugust 11, 2010.
  29. ^Griswold, Alison (August 3, 2017)."At dim sum with angel investor Jason Calacanis, buying his book is mandatory".Quartz. RetrievedJuly 30, 2019.
  30. ^Racism Denier Jason Calacanis Is Starting His Own VC FundArchived 2013-06-08 at theWayback Machine. Valleywag.gawker.com. Retrieved on 2013-07-19.
  31. ^Entrepreneur Jason Calacanis raising a $10 million fund. FinancePlus (2013-06-04). Retrieved on 2013-07-19.
  32. ^Launch founder Jason Calacanis raising $10 million venture fundArchived 2013-06-18 atarchive.today. Techinvestornews.com (2013-06-03). Retrieved on 2013-07-19.
  33. ^Launch founder Jason Calacanis raising $10 million venture fund. VentureBeat (2013-07-15). Retrieved on 2013-07-19.
  34. ^Private equity and venture capital news, data and community. peHUB (2013-06-03). Retrieved on 2013-07-19.
  35. ^Black, Julia (December 15, 2023)."The Besties' Revenge: How the 'All-In' Podcast Captured Silicon Valley".The Information. RetrievedFebruary 13, 2024.
  36. ^Eric Johnson (May 4, 2018)."Why did Jason Calacanis sell all his Facebook stock?".Vox. Recode. RetrievedJune 15, 2018.
  37. ^Calacanis, Jason (July 18, 2017).Angel : how to invest in technology startups-timeless advice from an angel investor who turned $100,000 into $100,000,000 (First ed.). New York, NY.ISBN 9780062560711.OCLC 993752430.{{cite book}}: CS1 maint: location missing publisher (link)
  38. ^Levy, Ari (March 26, 2018)."This meditation app is now worth $250 million and has Trump-related stress to thank".CNBC. RetrievedJune 11, 2019.
  39. ^LaVito, Angelica (February 6, 2019)."Relaxation app Calm raises $88 million, valuing it $1 billion".CNBC. RetrievedJuly 30, 2019.
  40. ^Hernbroth, Megan."A famous startup investor had a DM fail and accidentally revealed his clever strategy for getting into super competitive funding rounds".Business Insider. RetrievedAugust 23, 2019.
  41. ^Cecilie Rohwedder (November 17, 2013). "Careers: Learning the Art of the American Pitch --- Coaches Teach International Entrepreneurs to Deliver Persuasive Presentations to Investors, Clients".The Wall Street Journal. p. B6.
  42. ^"Podcasts Business Leaders in Philadelphia".Philly Mag. February 12, 2018.
  43. ^"The Ultimate Guide to the Best Business Podcasts".Fortune. RetrievedAugust 23, 2019.
  44. ^"Chamath Palihapitiya is 'Not Even Sure That China is a Dictatorship'". January 18, 2022.
  45. ^"Golden State Warriors Co-Owner: "Nobody Cares About What's Happening to the Uyghurs" in China". January 17, 2022.
  46. ^Jones, Dustin (January 17, 2022)."Co-owner of NBA's Warriors slammed after saying 'nobody cares about the Uyghurs'".NPR.
  47. ^"All-In Summit".Aedea Partners LLC — Strategy Consulting and Training with Aneta Key. May 15, 2022. RetrievedJuly 16, 2022.
  48. ^"Revenge of the Dotcom Poster Boy".Wired.ISSN 1059-1028. RetrievedJune 11, 2021.
  49. ^"Jade's first show! Invitation to OUT THERE Exhibit, June 12".Jason Calacanis. May 29, 2009. Archived fromthe original on December 20, 2022. RetrievedNovember 21, 2021.
  50. ^Akela, Lacy (June 3, 2022)."What's Stopping Chesa Boudin?".The Intercept. First Look Institute. RetrievedNovember 3, 2022.
  51. ^Akela, Lacy (January 26, 2021)."A Tech Investor Is Raising Funds to Investigate San Francisco Prosecutor's Decarceral Approach".The Intercept. First Look Institute. RetrievedNovember 3, 2022.
  52. ^Cook, John (January 23, 2015)."Jeffrey Epstein's Little Black Book REDACTED".www.documentcloud.org.Gawker. p. 14. RetrievedFebruary 27, 2025.
  53. ^"Who Was Jeffrey Epstein Calling? A close study of his circle — social, professional, transactional — reveals a damning portrait of elite New York".Intelligencer. July 22, 2019. RetrievedFebruary 22, 2025.
General

External links

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