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.
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.
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]
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]
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]
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]
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]
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]
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]
^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.GaleA315221432 – via Cengage.
^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.ISBN9780062560711.OCLC993752430.{{cite book}}: CS1 maint: location missing publisher (link)
^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.