Thursday, February 01, 2007

Jason Calacanis' Next Big Thing

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(image via courant)

Serial entrepeneur Jason Calacanis is one of the more interesting young movers-and-shakers on the media radar. The Corsair was research Editor at Calacanis' Silicon Alley Reporter at the turn of the milennium and our paths briefly crossed at Paper Magazine, that wonderful "downtown" talent breeding ground. From Sony, to Paper Magazine, to Silicon Alley Reporter to AOLand, now, what? A buzzy, elite talent agency/ incubator for the Digital Age. A CAA -- at the height of its power -- of Web 2.0? From the most excellent Paidcontent:

"After exiting Weblogs Inc and AOL couple of months ago, Jason Calacanis is ready for ...(a) new company. Here’s what we know: it has investment from Sequoia, where Calacanis is now an EIR, Mark Cuban (previous Weblogs Inc investor) and investment from another big media company is in the works. The name of the company in all probabilities will be 20.com, a domain name Calacanis bought last year for about $75,000.

"The idea as we know it: to develop an online talent network, possibly as video blogs, podcasts and others, with the owners/talent given equity into the new company, as well as revenue cut from the ad sales (in some sense this sounds like the Engadget model blown out). It will have a heavy search component built in....

"... Will it be a rollup of existing sites/blogs/talent? His exit from AOL may have some non-compete clause, and his Weblogs Inc earnout period is still in effect, so anything directly competitive may not be in works.

The name 20.com is a reference to a couple of things: Web 2.0, 20 companies or talent that might be developed, and then possibly the amount of money, though we have not been able to confirm the last part."

Is the mystery a part of the buzz? Full story here at Paidcontent

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