Jason Calacanis
Timeline of Jason Calacanis. Overview of his career and personal achievements throughout the years. From founding Weblogs to Mahalo and becoming a respected angel investor.
1990 - 2003
Start of his career
In the 1990s, Calacanis began his career as a New York-based reporter covering the internet sector. On September 24, 2003, Calacanis and Brian Alvey co-founded the blog network Weblogs, Inc. Mark Cuban made an angel investment in the company. The Weblogs, Inc. blogs company was bringing in $1,000 per day from AdSense barely two years after its launch. In October 2005, Time Warner's America Online agreed to purchase Weblogs, Inc. for $25–$30 million.
30 april 2007
Founding Mahalo
In may 2007 he founded the web directory Mahalo, which means "thank you" in Hawaiian. Sequoia Capital, News Corp., CBS, Mark Cuban, and Elon Musk were among the investors that contributed $20 million to the project. In 2011, the business reached a monthly peak of 15 million unique visits and turned a profit, but the Google Panda search algorithm upgrade caused a significant drop in traffic that year, and it was forced to close in 2014.