jasonmcalacanis

11 ms·

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by jasonmcalacanis 11y ago
I'm not sure I understand your point.
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by jasonmcalacanis 11y ago
What I've learned about getting "taking advantage of," is that if you're learning and growing you can't be "taken advantage of." Who cares if your boss is getting some great deal on a $ basis if you'r
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by jasonmcalacanis 11y ago
Not so fast.... these numbers are not confirmed in any way and can be gamed easily. I expand on it here. https://www.launchticker.com/story/automotive-co-eliomotors-... this is really bad for crowdfunding....
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by jasonmcalacanis 11y ago
Note: We give 175 of 225 tables away for free based on merit (we look for unfunded, or angel funded companies that are doing cool shit). We let anyone buy tables through the front door -- no application or anything. We have a ton of bigcomp
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by jasonmcalacanis 11y ago
If Paddy wants to do this right he should just be up front: $1,000 a table is not outrageous in my mind. If you get rid of this "apply to present" then surprise people with a bill, you would not have this bad will from so many fou
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by jasonmcalacanis 11y ago
Correct. We will let folks buy trade show tables and exhibitor booths through the front door. I have no problem with a funded company that is selling to our audience to buy a table. I mean, if you're selling a SaaS product that has an
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by jasonmcalacanis 11y ago
Note: the worst angel investor you could ever have is someone who is doing it a "hobby."
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by jasonmcalacanis 11y ago
Well, I don't actually have to bash the competition... as I'm not competing with anyone -- I lose money or breakeven and sell out every time! It's easy to sell out when you have 60,000 emails and you give every founder a free
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by jasonmcalacanis 11y ago
What a horrible headline in 2015 -- but I stand behind it in 2006! The fact that YouTube exists today is a miracle, and you have to really give kudos to the team there, as well as Sequoia and Google, for literally saving this business. At t
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by jasonmcalacanis 12y ago
... because I wrote it for folks that want to get ahead. Did you read the piece yet?
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by jasonmcalacanis 12y ago
did you read the actual piece? It's far from self-serving... it's basically a road map of how to hack social media and silicon valley to become really well known. It's working for a lot of folks and I'm giving the playbo
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by jasonmcalacanis 12y ago
amazing team amazing product highly recommend at least meeting with them.... they are going to a 20b company IMO.
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by jasonmcalacanis 12y ago
signpost is an awesome company.... good point in time to join IMO: not a unicorn, but model has been proven out and they have TKTKTKTKKT paying customers!* * Ask them to tell you how many, I'm just an angel!
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by jasonmcalacanis 12y ago
folks have offered $10b, so 40b is 4x that. If snapchat grows revenue by 4x they will get that number. case closed.
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by jasonmcalacanis 12y ago
keep in mind WhatsApp and Instagram are not part of the disastrous lineage of FB html5 apps.
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by jasonmcalacanis 12y ago
It's a good observation. I discussed it with some folks who are... well..... anyway, I discussed it with folks and the "forthy" portion of the install revenue is very low (overall) to FB revenue. If it all went away it would
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by jasonmcalacanis 12y ago
I make it clear a couple of times that there are duplicate users in those numbers. Additionally, I divide the total user count into FB's unique count, which gives you the number two. So, of the four Apps Facebook is giving numbers for.
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by jasonmcalacanis 12y ago
Thank you... for reading!
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by jasonmcalacanis 12y ago
1. I'm not an analyst and everyone knows that -- I'm an angel investor and former journalist. 2. It's not a lazy or uneducated argument -- it's an opinion... that's why it says "I would say..." before the
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by jasonmcalacanis 12y ago
1. That's exactly what people said about Google before they launched Google Apps, Docs, etc. "why would Google do this?" -- the answer was clear: user engagement and the blurring of personal and professional data/persona
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by jasonmcalacanis 12y ago
You can have some fees deferred. but $3k per person for computers is $12k... company formation is $5-10k, convertible note is $5-10k, terms of service, IP assignment, etc. Patents are $10-50k depending on how far you take them. $120k is hig
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by jasonmcalacanis 12y ago
750k is a lot in the real world... then you move to the Bay Area and run into the cost of living issues: rent, transportation. It's very hard to find housing under $2k a month per person -- so if you make $7k a month and have X left af
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by jasonmcalacanis 12y ago
Stoked to see we are in sync... the data I put together is based on a couple of dozen investments in this stage. Some folks do it cheaper, some folks spend more money.
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by jasonmcalacanis 12y ago
Just getting out of my daughter's Halloween party today (30 kids aged 3-7, science experiments + sugar = boom!). I accepted Avi's apology and responded to his email here: https://twitter.com/Jason/status/
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Letter to my angellist syndicates after 3 deals and $1.4m invested (medium.com)
2 points by jasonmcalacanis 12y ago|1 comments
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My fireside chat with pg (youtube.com)
2 points by jasonmcalacanis 13y ago|1 comments
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Going to syndicate winners of Launch Hackathon to my AngelList syndicate
13 points by jasonmcalacanis 13y ago|3 comments
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by jasonmcalacanis 13y ago
I think it's awesome that billionaires are filling in the important gap in investigative journalism. Interestingly, Jeff Skoll is also doing great work in the "content to make society" better category. Frontline (see NFL conc
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by jasonmcalacanis 14y ago
I really don't want to be involved in this discussion, but since my name is bring brought up I need to make a couple of things clear: First, and perhaps this is obvious, we should let the legal and journalistic process unfold. None of us kn
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by jasonmcalacanis 14y ago
going to try and get another two angels to put up $25k (or $10k cash prize). I think $50k is the biggest prize in hackathon history... 100 teams x 4 members each. 70 have signed up. should be fun.

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