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Jason Calacanis

Jason Calacanis

Angel Investor, Podcaster & Author

BornNovember 28, 1970
NationalityAmerican
FirmLaunch, Inside.com
EducationFordham University
Known ForTWiST Podcast, Mahalo, Weblogs, Inc., Angel Investing
SocialTwitter, LinkedIn
LinkedInLinkedInXXWebsite
Investor
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About Jason Calacanis

Jason Calacanis is a prominent American internet entrepreneur, angel investor, author, and podcaster. He is widely recognized for his early investments in technology giants and his role in fostering the startup ecosystem through various initiatives. Calacanis’s career is marked by a series of successful ventures, including the founding of Weblogs, Inc., which was acquired by AOL, and Mahalo. Throughout his career, Calacanis has consistently been at the forefront of identifying and supporting disruptive technologies and entrepreneurs. His influence extends through his popular podcast, "This Week in Startups" (TWiST), and his role in organizing events like the Launch Festival.

As an angel investor, Jason Calacanis has built an impressive portfolio, providing early-stage funding to companies that have gone on to achieve significant valuations. His strategic insights and hands-on approach make him a sought-after mentor for nascent startups. Calacanis is also the author of "Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000," offering practical guidance to aspiring angel investors. His contributions have solidified his reputation as a key figure in the Silicon Valley investment landscape.

Net Worth

While Jason Calacanis's exact net worth is not publicly disclosed, it is estimated to be in the hundreds of millions of dollars, primarily derived from his successful exits as an entrepreneur and his prolific angel investments. His early stakes in numerous high-growth technology companies have generated substantial returns over the past two decades. The value of his investment portfolio, including shares in some of the most influential tech firms, contributes significantly to his overall wealth.

Major Exits & Valuations
Weblogs, Inc.
Acquired by AOL in 2005 for approximately $30 million. This provided Calacanis with significant capital for his future ventures and angel investments.
Uber
An early investment, Calacanis reportedly invested $25,000 in Uber (then UberCab) at a $5 million valuation. At its IPO, Uber's valuation exceeded $80 billion, turning his modest investment into a substantial sum, potentially tens of millions of dollars.
Thumbtack
Calacanis was an early backer of Thumbtack, which has raised substantial funding rounds and achieved a valuation of over $3.2 billion. His stake likely represents a significant asset.
Robinhood
Another notable early investment. Robinhood went public with a valuation exceeding $30 billion. Calacanis's investment would have seen considerable growth.

Investment Strategy

Jason Calacanis's investment strategy is primarily focused on early-stage technology startups, particularly those in the seed and Series A rounds. He is known for his hands-on approach, often acting as a mentor and advisor to the founders he backs. Calacanis seeks disruptive ideas with strong, passionate teams, often investing in areas where he perceives significant market potential and an opportunity for rapid growth. His due diligence frequently involves extensive direct engagement with entrepreneurs, assessing not just the product but also the leadership and vision behind it.

A key aspect of his philosophy is to invest in "scrappy" founders who demonstrate resilience and a deep understanding of their market. Calacanis often participates in syndicates, leveraging his network to bring in additional capital and expertise. He has a notable preference for companies that can iterate quickly and demonstrate early traction, even if it's in a niche market. His willingness to take calculated risks on unproven concepts, combined with his ability to identify future trends, has been a hallmark of his successful angel investing career, making him one of the most respected figures in the venture circuit.

Notable Quotes

“Founders are often delusional, and that's exactly what you want. You want someone who believes in their vision so much that they're willing to go against all odds.”

— Jason Calacanis

“The best way to get rich is to be an early investor in a great startup. It's not about timing the market, it's about time in the market.”

— Jason Calacanis

“Always bet on the jockey, not just the horse. A great team with an okay idea will always outperform an okay team with a great idea.”

— Jason Calacanis

“If you're not embarrassed by the first version of your product, you've launched too late.”

— Jason Calacanis (often attributed to Reid Hoffman, but frequently echoed by Calacanis)

Contact Information

Connecting with Jason Calacanis, a high-profile angel investor and media personality, can be achieved through several avenues, though direct one-on-one engagement is often competitive. For entrepreneurs seeking investment, participating in events hosted by Launch or pitching at the Open Angel Forum (which he co-founded) can be effective routes. These platforms are specifically designed to connect founders with active angel investors.

For general inquiries or to engage with his content, Jason Calacanis is very active on social media, particularly Twitter. Listening to his podcast, "This Week in Startups", and engaging with the community around it can also provide opportunities to understand his investment thesis and potentially connect indirectly. His book, "Angel," offers insights into his thinking and how to approach angel investors effectively.

Use Lessie to find verified contact information, mutual connections, and the best outreach strategy for reaching Jason Calacanis and similar investors.

Contact via Lessie

Publications

As an author, Jason Calacanis penned the acclaimed book, "Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000." Published in 2017, this book serves as a comprehensive guide for aspiring angel investors, detailing his strategies, lessons learned, and insights into the startup investment landscape. It has become a go-to resource for individuals looking to understand the intricacies of early-stage investing and replicate his success.

Prior to his book, Calacanis was also a prolific publisher through Weblogs, Inc., where he oversaw the creation and growth of numerous influential blogs, including Engadget and Gizmodo. His work in online media has consistently focused on delivering valuable content to targeted audiences, a philosophy that extends to his present-day endeavors with Inside.com, which curates newsletters on various industry topics.

Podcast

Jason Calacanis is the host of the highly popular podcast, "This Week in Startups" (TWiST). Launched in 2009, TWiST is one of the longest-running and most influential podcasts in the startup and venture capital world. Each episode features Calacanis interviewing entrepreneurs, investors, and industry experts, discussing current trends, startup challenges, and investment opportunities. The podcast is renowned for its candid discussions, actionable advice, and Calacanis's unique interviewing style.

TWiST has hosted a myriad of prominent guests, including founders of unicorn companies and top-tier venture capitalists, making it a crucial resource for anyone involved in the tech industry. Beyond TWiST, Calacanis has also appeared as a guest on numerous other podcasts and media outlets, sharing his expertise on entrepreneurship, angel investing, and the future of technology. His media presence is a significant component of his personal brand and influence in Silicon Valley.

Related Profiles

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Naval Ravikant

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Chris Sacca

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Marc Andreessen

Venture Capitalist

Reid Hoffman

Venture Capitalist & Entrepreneur

Mark Cuban

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David Sacks

Entrepreneur & Investor

Sahil Lavingia

Founder & Investor

Frequently Asked Questions

Who is Jason Calacanis?

Jason Calacanis is an American internet entrepreneur, angel investor, author, and podcaster, best known for his early investments in successful tech companies and his role in supporting the startup ecosystem.

What is Jason Calacanis known for?

He is widely known for his popular podcast "This Week in Startups" (TWiST), his early investment in Uber, founding Weblogs, Inc., and his book "Angel," which guides aspiring angel investors.

Which companies has Jason Calacanis invested in?

His notable investments include Uber, Thumbtack, Robinhood, Calm, Trello, and numerous other early-stage technology startups.

What is Jason Calacanis's investment philosophy?

Calacanis focuses on early-stage technology startups with disruptive ideas and strong, resilient founding teams. He often takes a hands-on approach, mentoring founders and favoring companies with rapid iteration and market traction.

How can I contact Jason Calacanis?

While direct contact is challenging due to his public profile, aspiring entrepreneurs can engage with his content, attend Launch events, or pitch through platforms like Open Angel Forum. His social media channels, particularly Twitter, are also avenues for interaction.

What is Jason Calacanis's net worth or fund size?

His exact net worth is not publicly known but is estimated to be in the hundreds of millions of dollars, largely accumulated from successful entrepreneurial exits like Weblogs, Inc., and lucrative angel investments, most notably in Uber.

What are some notable quotes by Jason Calacanis?

"Founders are often delusional, and that's exactly what you want.", "The best way to get rich is to be an early investor in a great startup.", "Always bet on the jockey, not just the horse."

What are Jason Calacanis's career highlights?

Highlights include founding Weblogs, Inc. (acquired by AOL), creating Mahalo, launching the immensely popular podcast 'This Week in Startups,' being an early investor in Uber, and authoring the best-selling book 'Angel.'

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