Disclosure certainty 5/5 debate potential 3/5

Calacanis has dissolved investment deals and returned equity to incompatible founders

Jason Calacanis · Jason Calacanis: The World's Greatest Angel Investor · Jun 1, 2015 · at 36:40

Jason Calacanis discloses past actions where he unwound angel investments and gave equity back to founders due to lack of personal rapport.

0:00 / 0:18exact quote · 18.7s
720p mp4 · rendered on demand · StarZero watermark
“If I don't like the person, I literally have had one or two people who, you know, wasn't working out, and I just said to them, like, listen, take my money, give me my money back, take your stock back, we'll rip up the agreement, I don't need you to pay me whatever the last round was, but you know, we shouldn't be working with each other if We are not simpatico.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Jason Calacanis

Opinion
Calacanis: Y Combinator teaches startup founders to be 'bullshit artists'
“What's happened now is the YC companies have a reputation of kind of being bullshit artists and that the program kind of teaches them to be bullshit artists, right?”
Jason Calacanis Aug 14, 2017 ▶ 27:36 20VC: Jason Calacanis on The 4 Questions Investors Must Ask Founders, Whether YC Have Scaled Their Process Successfully & Why Early Founder Liquidity Is Good Not Bad
Prediction Not checkable as stated
Calacanis: Bitcoin has an equal chance of reaching $1,000 or $0
“I think Bitcoin has an equal chance of going to zero as it does to a thousand dollars again.”
Jason Calacanis Jun 1, 2015 ▶ 44:19 Jason Calacanis: The World's Greatest Angel Investor
Opinion
Calacanis: Bitcoin founders are all hype and lack execution
“Really the founders in the Bitcoin space are not doing a great job. I mean, I think they're all hype and very little execution.”
Jason Calacanis Jun 1, 2015 ▶ 45:08 Jason Calacanis: The World's Greatest Angel Investor
Opinion
Calacanis: 500 Startups would be twice as successful doing half as many deals
“I think if they can maybe, I think they would be twice as successful if they did half as much. That would be my, that is my advice to Dave. Do half as many deals, but do them twice as well”
Jason Calacanis Jun 1, 2015 ▶ 48:31 Jason Calacanis: The World's Greatest Angel Investor
Opinion
Calacanis: Facebook is on a jihad to kill Snapchat
“I mean, it's not inspired by Snapchat. They're on a jihad to kill Snapchat.”
Jason Calacanis Aug 14, 2017 ▶ 14:28 20VC: Jason Calacanis on The 4 Questions Investors Must Ask Founders, Whether YC Have Scaled Their Process Successfully & Why Early Founder Liquidity Is Good Not Bad
Assertion Not checkable as stated
Calacanis: YC partners fully fund top 10 batch companies before Demo Day
“People who are part of their inner circle invest in the companies long before the schmucks who come to Demo Day get a chance to invest in them. So pretty much if you're in the audience at Demo Day, you're kind of the sucker at the table. The best 10 companies …”
Jason Calacanis Aug 14, 2017 ▶ 26:12 20VC: Jason Calacanis on The 4 Questions Investors Must Ask Founders, Whether YC Have Scaled Their Process Successfully & Why Early Founder Liquidity Is Good Not Bad
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.