3 ms·
I think the lesson here is about taking your fair share. Calacanis convinced Arrington to put on the conference, and to split the company 50/50 with him. Arring
by staunch 17y ago
I think the lesson here is about taking your fair share. Calacanis convinced Arrington to put on the conference, and to split the company 50/50 with him. Arrington eventually realized what an obviously stupid and unfair situation this was and killed it.
This is why one should always try to get a fair share of things, and not take more just because you can. It's not just ethical, it's also enlightened self-interest. I bet Calacanis could have maintained a much smaller share indefinitely.
From Calacanis' new "conference" page: http://thelaunchconference.com/ http://thelaunchconference.com/
"...Alas, Mike and I are both strong personalities and we had a different vision of where to take the conferences (and how to split the not insignificant profits from it–but I digress)..."
- jasonmcalacanis 17y agoThe Launch Conference will be exactly the same as TechCrunch50--except I'm going to invest all the profits in the startup companies. It's going to be epic and I encourage everyone to attend Mike's event, and hope you consider coming to mine.
- staunch 17y agoMore places for startups to get attention can only be a good thing. I hope The Launch Conference is a big success. I don't know why money has to be such a big part of it though. Paying $2000 for a ticket seems ridiculous. And giving $50k to the winner is kind of meaningless too (did Mint really need it?) All startups really want is a chance to show press and VCs how awesome their thing is. How about $50 per ticket and the winner gets an additional "finale" presentation or something?
- jasonmcalacanis 17y agoI hear your feedback.... Stay tuned!!!