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Jason Calacanis

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Jason Calacanis
Jason Calacanis, January 2012
Born (1970-11-28) November 28, 1970 (age 54)
Bay Ridge, Brooklyn, New York City
Alma materFordham University (B.A.)
OccupationInternet entrepreneur / Blogger

Jason McCabe Calacanis (born November 28, 1970[1]) is an American Internet entrepreneur, angel investor, author and blogger.[2][3] His first company was part of the dot-com era in New York, and his second venture, Weblogs, Inc., a publishing company that he co-founded together with Brian Alvey, capitalized on the growth of blogs before being sold to AOL.[4] As well as being an angel investor in various technology startups,[5][6] Calacanis also presents at industry conferences worldwide.[7][8]

Early life

Calacanis was born in the Bay Ridge section of Brooklyn, New York and has two brothers.[9] He graduated from Xaverian High School in 1988. He then attended Fordham University, where he received a B.A. in Psychology.[10]

Career

Jason Calacanis in January 2008

Calacanis's biggest success to date is Weblogs, Inc., which was sold to AOL in 2005. Before forming Weblogs, Inc., Calacanis was 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's Silicon Alley community, and in 1996 began producing the Silicon Alley Reporter. Originally a 16-page photocopied newsletter, it eventually expanded into a 300-page magazine, with a sister publication called the Digital Coast Reporter for the West Coast. Calacanis's socializing earned him a nickname as the "yearbook editor" of the Silicon Alley community.[11] The company also organized conferences in New York, Los Angeles, and San Francisco focused on the Internet, web, and New Media. With the end of the Dot-com bubble, Silicon Alley Reporter failed, and the company was sold out of bankruptcy to a private equity firm.[12]

Weblogs, Inc.

As a blogger,[13] Calacanis co-founded Weblogs, Inc. with Brian Alvey in September 24, 2003, supported by an angel investment from Mark Cuban. Two years after inception, the Weblogs, Inc. blogs business was generating $1,000 a day just from AdSense.[14] Time Warner's America Online agreed to buy Weblogs, Inc. in October 2005 for $25–30 million.[15]

Netscape.com

Eight months into his tenure with AOL, Calacanis was offered the position of General Manager of the new Netscape website. Calacanis copied the model pioneered by Digg, Del.icio.us, and Furl and added an editorial layer to the system, like Slashdot. The project occupied the front page of Netscape. Calacanis started by hiring a team of eight "anchors" to follow up users' top stories. He then hired some of the top users of social bookmarking sites like Digg, Reddit, Newsvine and Flickr to go to Netscape as Netscape Navigators,[16] which prompted a public debate with Kevin Rose, founder of Digg, most notably during a live taping of the video podcast Diggnation.[17]

On November 16, 2006, TechCrunch reported that Calacanis had resigned from his position as CEO of Weblogs, Inc. and General Manager of Netscape.[18] Calacanis later confirmed this with a post on his blog.[19][20]

Sequoia Capital

Calacanis joined Sequoia Capital as an EIA (entrepreneur in action) in December, 2006,[21][22] a position which he held until May, 2007.[23]

Mahalo.com

Main article: Mahalo.com

Calacanis founded Mahalo.com, a "human-powered search engine",[24] which launched in alpha test in May 2007. During a speech about the site at the Gnomedex conference in August 2007, Calacanis got into a public confrontation with Dave Winer that led to Winer's resignation from the panel of experts for the TechCrunch20 conference organized by Calacanis. Winer interrupted Calacanis' speech during the event, calling it "conference spam" and igniting a war of words on their blogs. "I'm not interested in having someone berate me like this," Calacanis wrote on his blog.[25]

Mahalo ("thank you" in Hawaiian), raised $20 million in venture capital from investors including Sequoia Capital, News Corp, CBS, Mark Cuban, and Elon Musk. The company's motto: "We're here to help." At its peak, it had 14.1 million global (7.4 million US) unique monthly visitors.[26] Mahalo shut down in 2014.

Angel investing

In 2009, Calacanis founded the Open 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.[27] Calacanis believes startups shouldn't have to pay to pitch angel investors.[28]

Calacanis raised a $10 million fund to for his own venture investment firm to invest in startups that emerged from the Launch conference.[29][30] Limited partners in the fund include David Sacks.[31] Following the success of the Launch conference,[32] Mr. Calacanis aims to get closer and more involved in the new ventures that emerged from that conference.[33] The approach of investment is around $25,000 to $100,000 in five to 10 startups per year.[34][35]

According to AngelList, Calacanis' list of investments includes: Tumblr, Cozy, gdgt, Gowalla, Blippy, Backupify, Boxbee, UberMedia, LeadGenius, Thumbtack, Rapportive, NewHound, StyleSeat, LAUNCH, Wanderfly, Tout, AdStage, Uber, Chartbeat, Groundcrew, ChallengePost, Evernote, Pen.io, Red Tricycle, Nimble, BetterCompany, Circa, JIBE, 15Five, Crossfader, Robinhood, Signpost, HandUp, Mouth, HomeHero, Swell Radio, Brilliant, Stowaway Cosmetics, MyTime, Ramen, Calm, Frequency, Fresh, Backyard, Birdi, This Week In, Red Clay, Skift, Connect, Butterfleye, Datastax, Density, Whisper, CAUSECAST, Nimble CRM, WizzyWig, StorkBrokers, Bento, VUE, ThisWeekIn, ThisNext, Tweetup, SpaceMonkey, Requested.

ThisWeekIn.com

Calacanis is the founder of ThisWeekIn.com,[36] a podcast network, and the host of the live streamed "This Week In Startups" show, one of the featured podcasts.[37] In 2010, the company raised a seed round of about $300,000 from Matt Coffin, Sky Dayton, and Calacanis himself.

On December 14, 2012, Calacanis announced that he would be shutting down his podcast network ThisWeekIn.com.[38] The shut down of the company did not mean the end of its three most popular shows, which are still in live production: This Week In Startups, This Week In Web Design and Kevin Pollak’s Chat Show.

ThisWeekInStartups.com

This Week in Startups (also called TWiSt) is a show hosted by Jason that has published more than 780 episodes. Typically, TWiSt produces two episodes a week, one on Tuesday and one on Friday. Tuesday shows generally feature founders, CEOs, entrepreneurs, angel investors and venture capitalists talking about startups, entrepreneurship and the Web industry in general.[39] Friday shows feature a round table format show[40] that usually runs over an hour of conversation about the web startup industry with a rotating panel of commentators. The show has gained popularity amongst the startup community, averaging 100,000 regular listeners [citation needed], and routinely attracts well-known speaker-guests.[41][42] Calacanis and a continuous fresh group of speaker-guests[43][44] that are well known within the industry, sometimes experts, share their stories and thoughts on the Web industry, their ventures andcompanies and trends.[45][46] including the live broadcast[47][48] on its main site[49] as well as iTunes/Audio & iTunes/Video.

LAUNCH Conference

Calacanis announced the creation of the Launch Festival to spotlight unannounced start-ups. The first Festival was held on February 23 and 24, 2011, and featured 140 startups. A number of companies received funding at the event and the winners included Room 77 and GreenGoose. LAUNCH Festivals are held each year in the spring.

Dyn

Calacanis joined the Board of Directors of Dyn in late 2012. [50]

Tesla

During a dinner meeting between Calacanis and Elon Musk, Musk mentioned that the second Space X rocket had exploded and that Tesla Motors had only two weeks of funding left. Calacanis enquired about any good news; Musk confided in him that a new car (Tesla Model S) was close to development and might cost $50,000. Upon arriving home, Calacanis wrote out two $50,000 cheques to Tesla with a note stating "E looks like a great car. I will take two". Two years later the cheques were cashed and Calacanis took delivery of two Tesla Model S cars. The first has the serial number 00001 and the second 00073.[51]

As such Calacanis is interviewed as a 'Tesla Customer' in the 2011 documentary, Revenge of the Electric Car.

Calacanis has received an offer of $250,000 for the vehicle with serial number 00001, but he has expressed interest in donating the car to the Smithsonian Institution.

Angel

On July 18, 2017, Calacanis released his first book Angel: How to Invest in Technology Startups, published by Harper Business imprint of HarperCollins.[52]

Controversy

During a speech about his company Mahalo at Gnomedex in 2007, Calacanis was heckled from the audience. The heckler was Dave Winer. Winer accused Calacanis of "spamming the audience" with a Mahalo pitch.[53] Winer later reiterated his disdain for Calacanis, stating "It's all about Jason and his investors making money. Why should I care about that?"[54]

Calacanis was involved in a 2010 Internet hoax regarding his Twitter postings about the introduction of the Apple iPad. In his tweets, he claimed to have a "reviewer's copy" of an iPad device describing in great detail the features of such device. The device in question was not in his possession nor did it exist. It was explained to have been an attempt by Calacanis to expose the hysteria regarding Apple product launches. The hoax also called into question the fact checking and verification processes of the mainstream media who published the hoax story as true.[55][56]

Leo Laporte, founder of the TWiT.tv network, and netcasts This Week in Tech, This Week in Google, This Week in Computer Hardware, This Week in Enterprise Tech, and This Week in Law, expressed disdain for Calacanis' use of the term "This Week in".[57] Prior to starting ThisWeekIn.com, Calacanis had been a guest on Laporte's show This Week in Tech 29 times, and Laporte reported feeling betrayed,[58] suggesting that the use of the same name was intended to confuse advertisers and viewers. Since 2015, Calacanis has returned to making regular appearances on TWiT podcasts, including guest co-hosting The New Screen Savers alongside Laporte.[59][60]

Bibliography

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

References

  1. ^ Calacanis, Jason (28 November 2005). "My retirement party". The Jason Calacanis Weblog. Retrieved 2006-04-21.
  2. ^ Business Lessons from @Jason's TWiST (This Week in Start-Ups) | The Social Entrepreneurship Exchange. Socentex.com (2009-12-13). Retrieved on 2013-07-19.
  3. ^ Jason Calacanis | CrunchBase Profile. Crunchbase.com. Retrieved on 2013-07-19.
  4. ^ Jason Calacanis Timeline: From Weblogs to AOL to Sequoia. Labnol.blogspot.com. Retrieved on 2013-07-19.
  5. ^ Jason McCabe Calacanis. Huffingtonpost.com. Retrieved on 2013-07-19.
  6. ^ Entrepreneur Jason Calacanis raising a $10 million fund. 4-Traders. Retrieved on 2013-07-19.
  7. ^ Jason Calacanis Keynote at Blog Business Summit. ConversionRater (2006-10-26). Retrieved on 2013-07-19.
  8. ^ Who is Jason Calacanis – Why Should You care?. iBusinessLogic.com. Retrieved on 2013-07-19.
  9. ^ carpoolUK (2010-05-12), Jason Calacanis | Carpool, retrieved 2017-10-02
  10. ^ "Featured Discussion Leaders". The Media Center. 2007. Archived from the original on May 4, 2007. Retrieved June 6, 2007.
  11. ^ Grigoriadis, Vanessa (March 6, 2000). "Silicon Alley 10003". New York. Retrieved 2010-06-19.
  12. ^ Naraine, Ryan (October 8, 2001). "Silicon Alley Reporter Goes Under". ClickZ News; Incisive Interactive Marketing LLC. Retrieved 2010-06-19.
  13. ^ The Blogfather? Jason Calacanis expands family : @ProBlogger. Problogger.net (1970-01-01). Retrieved on 2013-07-19.
  14. ^ Penenberg, Adam L.. (2007-09-01) Man vs. Machine | Fast Company | Business + Innovation. Fast Company. Retrieved on 2013-07-19.
  15. ^ Arrington, Michael (October 5, 2005). "AOL Acquires Weblogs, Inc". techcrunch.com. Retrieved 2010-06-14.
  16. ^ Calacanis, Jason (July 18, 2006). "Paying the top DIGG/REDDIT/Flickr/Newsvine users". The Jason Calacanis Weblog. Retrieved 2010-06-19.
  17. ^ "July 21, 2006". Revision3.
  18. ^ Arrington, Michael (November 16, 2006). "Jason Calacanis resigns from AOL". Tech Crunch. Retrieved 2010-06-19.
  19. ^ Calacanis, Jason (November 17, 2006). "Yes it's true, I'm leaving AOL" The Jason Calacanis Weblog. Retrieved 2010-06-19.
  20. ^ Farber, Dan. (2006-11-17) Jason Calacanis talks about leaving AOL and what's next. ZDNet. Retrieved on 2013-07-19.
  21. ^ Arrington, Michael (December 5, 2006). "Calacanis takes position at Sequoia Capital". Tech Crunch. Retrieved 2010-06-19.
  22. ^ Calacanis, Jason (December 5, 2006). "My new job". The Jason Calacanis Weblog. Retrieved 2010-06-19.
  23. ^ Why Jason Calacanis Is Betting All His Chips On Web Video. The Rise to the Top. Retrieved on 2013-07-19.
  24. ^ Delaney, Kevin J. (May 31, 2007). "Start-Up Adds a Human Touch". WSJ.com; The Wall Street Journal. Retrieved 2010-06-19.
  25. ^ Adario Strange (August 13, 2007). "Gnomedex Aftermath: Dave Winer Dropped From TechCrunch20". Wired News. Conde Nast Digital. Retrieved 2007-08-15.
  26. ^ "Quantcast Audience Profile for mahalo.com". Quantcast.com. ("Traffic data hidden by owner." Registration and access permission from Mahalo.com required. No archive available.) Retrieved 2010-06-19.
  27. ^ Boutin, Paul (December 6, 2009). "Calacanis Launches Open Angel Forum". "VentureBeat.com;" VentureBeat. Retrieved 2010-08-11.
  28. ^ Calacanis, Jason (October 9, 2010). "Why startups shouldn't have to pay to pitch angel investors". Calacanis.com. Retrieved 2010-08-11
  29. ^ Racism Denier Jason Calacanis Is Starting His Own VC Fund Archived 2013-06-08 at the Wayback Machine. Valleywag.gawker.com. Retrieved on 2013-07-19.
  30. ^ Entrepreneur Jason Calacanis raising a $10 million fund. FinancePlus (2013-06-04). Retrieved on 2013-07-19.
  31. ^ Launch founder Jason Calacanis raising $10 million venture fund. Techinvestornews.com (2013-06-03). Retrieved on 2013-07-19.
  32. ^ Launch founder Jason Calacanis raising $10 million venture fund. VentureBeat (2013-07-15). Retrieved on 2013-07-19.
  33. ^ Entrepreneur Jason Calacanis Raising a $10M VC Fund. Fox Business (2013-06-03). Retrieved on 2013-07-19.
  34. ^ Entrepreneur Jason Calacanis raising a $10 million fund. Reuters. Retrieved on 2013-07-19.
  35. ^ Private equity and venture capital news, data and community. peHUB (2013-06-03). Retrieved on 2013-07-19.
  36. ^ http://www.crunchbase.com/company/this-week-in
  37. ^ Second Annual Twistee Awards (June 17th, 2011). "This Week in Startups" Retrieved 2011-6-21
  38. ^ Anthony Ha. "Jason Calacanis Says He Will Shut Down Podcast Network ThisWeekIn.com, This Week In Startups Will Continue". TechCrunch. AOL.
  39. ^ "Who Trumps How Many: This Week in Startups with Jason Calacanis - ethanbeute". ethanbeute.
  40. ^ http://readwrite.com/2010/04/09/this-week-in-venture-capital-jason-calicanis-latest-podcast-creation
  41. ^ Walker, TJ. "Is Jason Calacanis the best talk show host on tv today media training?work=Forbes".
  42. ^ Fred Wilson. "This Week In Startups". avc.com.
  43. ^ "Jason Calacanis Covers Startups With a 'TWiST'". Tubefilter.
  44. ^ "GeneralPress WordPress theme - This Week In Startups With Jason Calacanis with Tyler Crowley". magazine3.com.
  45. ^ "Berlin to battle London on Jason Calacanis's show This Week in Startups (Apply now!)". VentureVillage.
  46. ^ "This Week in Startups (TV Series 2009– )". IMDb.
  47. ^ http://thisweekin.com/live/
  48. ^ "Goodbye from Justin.tv". justin.tv.
  49. ^ "This Week In Startups". thisweekin.com.
  50. ^ Dyn News (2 October 2012). "Dyn Receives $38M Investment From North Bridge". dyn.com.
  51. ^ "Shows - TWiT". TWiT.tv.
  52. ^ "Angel - Jason Calacanis - Hardcover". HarperCollins. July 18, 2017.
  53. ^ "Jason Calacanis vs. Dave Winer Pissing Match, Round By Round". Business Insider. 13 August 2007.
  54. ^ "Here's what bothers me about Mahalo (Scripting News)". scripting.com.
  55. ^ Dunagan, Jake (January 31, 2010). "Calacanis Hoax: Guerrilla Futures as Persuasion". iftf.org; Institute For The Future. Retrieved 2010-06-19.
  56. ^ Swisher, Kara (February 1, 2010). "Prankster Jason Calacanis Talks About His Apple iPad Hoax". allthingssd.com; The Wall Street Journal. Retrieved 2010-06-19.
  57. ^ "Did Jason Calacanis screw over Leo Laporte when he started his podcasting network?". quora.com.
  58. ^ Leo Laporte rants about Jason Calacanis 11/07/10. YouTube. 7 November 2010.
  59. ^ "This Week in Tech 508 Calacanis Returns | TWiT.TV". TWiT.tv. Retrieved 2016-09-22.
  60. ^ "The New Screen Savers 57 Twitter's 'Fail Whale' Creator | TWiT.TV". TWiT.tv. Retrieved 2016-09-22.
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