Angel investor Jason Calacanis discloses his equity position in Uber while discussing public market expectations for profitability.
Opinion
Calacanis: Tim Cook should not be CEO of Apple anymore
“If a company is storing a bunch of capital and paying you a dividend, that signals to us that you are not a bold and ambitious founder, and this is one of the big problems I have with Apple and Tim Cook, which, who I don't think should be CEO of that company a…”
Insight
Calacanis: Work-life balance advocates do not understand how startups work
“These businesses take a level of focus and commitment that is otherworldly. Like, the fact that people are Even talking about life work balance, and oh, you know, you can have life work balance, and that's what's important in life, like, these are people who d…”
Opinion
A startup could reach $100M in revenue using entirely no-code tools
“Like Airbnb, if it's being built today, could be built on Bubble, Webflow, one of these tools, Squarespace, Zapier, Slack, Airtable. You could glue all this stuff together and do it without a developer and probably get to 10 to a hundred million in revenue wit…”
Opinion
Calacanis: Accredited investor rules harm poor people by blocking high-upside bets
“The accreditation rules and the fact that our economic system is designed to protect people who are poor by not letting them take risk. That's noble, but it's wrong in today's society. The people who need to take risks and make bets That could have 200 X outco…”
Insight
Calacanis: Waiting for Real Customer Traction Cuts Angel Risk by 90%
“What people don't realize is if they just waited six months until the product was in market, then they could talk to a customer, and when the customer says, I love this product, and the customer's not the founder's cousin or former sorority sister or fraternit…”
Opinion
Calacanis: Hanging Investment Decisions on Market Size Is Cowardice
“So you have to, I think, if you're going to be great at this, not try to be a coward and hang your hat on the market size. I think that's what cowards do.”