How a Brooklyn-born entrepreneur turned a $25,000 bet into a $100 million fortune

How a Brooklyn-born entrepreneur turned a $25,000 bet into a $100 million fortune
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In short: Jason Calacanis is a serial entrepreneur and angel investor who built his career on bold networking and media savvy. From launching influential tech podcasts to navigating the high-stakes world of Silicon Valley venture capital, his path reveals how unconventional tactics and strategic social connections can define modern business success.

Born in Brooklyn in 1970, Jason Calacanis began his career as a reporter covering the internet industry during the 1990s. He gained early recognition as the 'yearbook editor' of New York's Silicon Alley, where he founded Rising Tide Studios and produced the Silicon Alley Reporter. His publishing ventures evolved significantly, notably with the creation of Weblogs, Inc., which he co-founded in 2003 and sold to AOL in 2005 for $25–30 million.

Calacanis is perhaps best known for his transition into angel investing and media production. His early $25,000 investment in Uber, made while he was an entrepreneur in action at Sequoia Capital, grew to be worth roughly $100 million by 2017. Beyond his financial successes, he has cultivated a significant media presence through podcasts like This Week in Startups and the All-In podcast, which he co-hosts with David Sacks, Chamath Palihapitiya, and David Friedberg.

His approach to business is marked by a blend of networking and disruption. He founded the Open Angel Forum to challenge the ethics of pay-to-pitch events and has been an active, sometimes polarizing, figure in tech culture. Whether through his involvement in the 2022 Twitter management transition or his public criticism of other tech leaders, Calacanis maintains a high profile. His career reflects a consistent effort to create resources and communities, often combining professional networking with entertainment to bridge the gap between early-stage startups and global investors.

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