After college, he worked as a software engineer for a variety of companies, including AOL, before launching his own business, Weblogs, Inc., in 2003. He sold the company to AOL in 2005 for $25 million. Since then, he has invested in a variety of tech startups, including Uber, Thumbtack, and Evernote. He is also the host of the popular podcast, This Week in Startups. With his investments and business ventures, Jason Calacanis has amassed a net worth of $100 million.
Jason Calacanis is a successful American entrepreneur, angel investor, and author who has a net worth of $100 million. He graduated from Fordham University with a degree in psychology and went on to work as a software engineer for AOL and other companies. In 2003, he founded Weblogs, Inc., which he sold to AOL for $25 million in 2005. Since then, he has invested in a variety of tech startups, including Uber, Thumbtack, and Evernote, and hosts the popular podcast, This Week in Startups. His investments and business ventures have earned him a net worth of $100 million.
Jason Calacanis is a member of CEOs
Age, Biography and Wiki
💰 Net worth: $100 Million (2024)
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After graduation, he founded media company Rising Tide Studios, a publishing business that dealt with online and print magazines. He was a major part of Silicon Alley in New York during the mid-90s and used his media background to publish the "Silicon Alley Reporter". It started as a 16-page newsletter and quickly grew into a magazine with nearly 300 pages and a companion issue that focused on the West Coast. At one point someone offered to buy his newsletter for $20 million. He declined. Tragically, the publication was destroyed in the wake of the bursting of the dot-com bubble and left Jason with a net worth of negative $10,000. Calacanis went on to develop Weblogs, Inc. in 2003 with business partner Brian Alvey. Two years later, America Online bought the company for an estimated $25-30 million. After selling Weblogs, Jason became the general manager of early web browser Netscape. He worked at Netscape until 2006 when he became the Entrepreneur In Action at the Venture Capital firm Sequoia Capital. He left Sequoia in 2007 after raising $20 million to found search engine Mahalo.com. Unfortunately Mahalo was decimated by a Google algorithm update in 2011 and the company was shuttered in 2014. As an angel investor Calacanis has put money into companies such as SignPost, Gowalla, ubermedia, Thumbtack and Uber.
Uber Investment: Jason's most successful investment to date BY FAR has been Uber. While working at Sequoia Capital in 2009 Jason was given the opportunity to invest $25,000 into Uber when it was valued at $4 million. He was one of the first 15 investors in the company. If he has held onto his full stake, which he has indicated, after Uber's IPO in May 2019 Jason's shares were worth $124 million (on paper).