Jason Calacanis Drops The Hammer on YoungStartups for Charging Fees to Present @jason

by Ryan on April 29, 2010

Jason Calacanis

Check out this email thread from LA entrepreneur stud, CEO of Mahalo.com, and founder of the Open Angel Forum, Jason Calacanis, ripping on YoungStartups for trying to charge entrepreneurs $1,500 to pitch at their conference.   This totally made my day!

On Apr 29, 2010, at 3:53 PM, Jason Calacanis wrote:

and please publish this on the web.

On Thu, Apr 29, 2010 at 3:27 PM, <jason@xxxxxxxxx.com> wrote:
Adam,

Charging startups is a scam that preys upon entrepreneurs that are desperate to meet investors.

Any VC or angel associated with this should be ashamed.

Please kill yourself.

Best j
Sent via BlackBerry from T-Mobile

From: “Adam Negnewitzky” <adamn@xxxxxxxxxxxx.com>
Date: Thu, 29 Apr 2010 18:03:25 -0400
To: ‘Jason Calacanis'<jason@xxxxxxxxx.com>; ‘Ryan Born'<ryan.born@xxxxxxxxxx.com>
Subject: RE: Confirm

Jason,

We charge for a valuable service… I’m not sure why you are making derogatory comments which are obviously out of line.

Regards,

Adam

Adam Negnewitzky
Senior Associate
youngStartup Ventures
Phone: (212) 202-1002
Email: adamn@xxxxxxxxxxxx.com

From: Jason Calacanis [mailto:jason@xxxxxxxxx.com]
Sent: Thursday, April 29, 2010 6:00 PM
To: Ryan Born
Cc: Adam Negnewitzky
Subject: Re: Confirm

Ryan: YoungStartup’s is a scam, suggest not doing it.

Adam: shame on you.

best,

Jason
———————
Jason McCabe Calacanis
Office: 310-593-6134 / Mobile: 310-456-4900
AOL IM/Skype: jasoncalacanis


On Thu, Apr 29, 2010 at 1:38 PM, Ryan Born <ryan.born@xxxxxxxxxx.com> wrote:

Would you consider not charging our startup to present?  Perhaps you have heard of the Open Angel Forum?  I think $1500 is a going to be out of our comfort zone.

All the best,

Ryan

…message sent via wireless handheld
(please excuse typos and brevity)

—————————-
Ryan Born, CPA

—–Original Message—–
From: Adam Negnewitzky <adamn@xxxxxxxxxxxx.com>
Sent: Thursday, April 29, 2010 12:19 PM
To: ‘Ryan Born – AudioMicro’ <ryan.born@xxxxxxxxxx.com>
Subject: RE: Confirm

Hi Ryan,

The following are the costs/benefits of the presenting opportunity. Let me
know if you’d like me to send over the presenting application.

Featured Company Benefits include:

*       Recognition as a Top Innovator 50 company
*       Access to leading VCs, Corporate VCs, private investors and
investment bankers
*       Presentation slot
*       Three Complimentary passes for company executives
*       Additional discounted registrations
*       Two page Company Profile published in event guide distributed to all
attendees and investors
*       Media Exposure
*       Two complimentary passes to attend “Featured Company” Coaching
Session with active VCs providing feedback
*       Cocktail reception with VCs

Fee to present: $1,485 (if you have already registered, your registration
fee will be deducted).

Kind regards,

Adam Negnewitzky

Senior Associate
youngStartup Ventures
Phone: (212) 202-1002
Email: adamn@xxxxxxxxxxxx.com

From: Ryan Born – AudioMicro [mailto:ryan.born@xxxxxxxxxx.com]
Sent: Wednesday, April 28, 2010 7:10 PM
To: adamn@xxxxxxxxxxxx.com
Subject: Re: Confirm

Hi Adam

I received the message.  Remind me again what the fee is for startups to present?

All the best,

Ryan
________________________
Ryan Born, CPA
CEO – AudioMicro, Inc.
GTalk:  xxxxxxxxxxx@xxxxx.com
skype: ryan.born
AIM:  rborn2000

On Wed, Apr 28, 2010 at 4:00 PM, Adam Negnewitzky <adamn@xxxxxxxxxxxx.com>
wrote:

Ryan —

Wanted to confirm you received my previous email with the details you
requested on presenting as one of 50 Top Innovators recognized at the
prestigious New York Venture Summit.

Let me know if you’d like your company to be considered.

Keep in mind that the deadline to submit your company is next Thursday May
6th.

Regards,

Adam

Adam Negnewitzky
Senior Associate
youngStartup Ventures
Phone: (212) 202-1002
Email: adamn@xxxxxxxxxxxx.com

{ 31 comments }

My Only Gripe w/ Skype

by Ryan on April 27, 2010

They don’t take AMEX.  Boo!

Posted via email from Ryan Born

The Solar Panels Come Next

by Ryan on April 13, 2010

For the past few months, we’ve been working hard on weekends to clean up and spruce up the yard. When we purchased, the home, it was a foreclosure and as you can imagine, the previous owner had not taken care of the yard (or the home). Here are some images of the before and after transformation of the yard. All the credit goes to Lauren for the beautiful fence color and landscape design.

BEFORE (AKA “FORECLOSURE YARD”):

DURING – POST FENCE REPAIR, BRICK REMOVAL, AND NEW TREES:

DURING – LAYING OF THE NEW SOD:

AFTER:

The next project just may be some solar panels. There used to be a cap on the tax credit of 30% of the cost, up to a maximum credit of $2,000. These days, from what I understand, the solar panel tax credit has been bumped up to 30% of the cost, with no maximum – i.e. if you spend $15,000 on solar panels, you’ll get a $4,500 federal tax credit, which is pretty nice. I’ll have to do a little research to see if California is offering any additional tax credits for solar panel installation. Credits or no credits, the solar panels come next…

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How To Block Out Your Neighbors…36 Eugenias

by flickr on March 27, 2010

Eugenias are the perfect privacy hedge. They can grow up to 4 feet per year. Spring is the perfect time to plant them.  Eugenias are sometimes referred to as Monterrey Brush Cherries (MBC’s), the only difference being the the MBC’s are a little less prone to attracting little bugs that can make the leaves bumpy.  We’re using the Eugenias pictured above to block off our neighbors on both sides of the yard.

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#TwitterHasJumpedTheShark

by Ryan on March 26, 2010

Twitter Logo Pictures, Images and Photos

I’m not the first to point this out.  From what I can tell, the first to point out Twitter’s shark jumping was the Inquisitr back in June 2008.  The next was Steve Rubel in March 2009, only Steve’s analysis was based on traffic peaking.  Most recently, in February 2010 Marck McKinnon of The Daily Beast noted the Shark Jump too.

It hit me a hard few weeks ago as well – TWITTER HAS JUMPED THE SHARK!  

Jump the shark Pictures, Images and Photos

Why do I feel this way?  It’s really an emotional analysis but I started actually reading tweets from the people I follow from the bornryan account.  Yes – it’s true…I actually read other people’s social media blab and I must admit that’s a rare thing for me to do (absorbing, as opposed to creating, publishing, and distributing content).  What I noticed while absorbing Twitter content was a lot of @ at replys # pound symbols RT retweets and other twitter short hand “Twitter specific crap” from inside of tweets.

Reviewing all the “Twitter specific crap” led me to personally conclude that Twitter has indeed jumped the shark.  But why?  The reason is simple.  The Average Internet User (AIU) does not understand “Twitter specific crap” nor do they care to ever learn how to use it.  Outlets like Facebook are far more simple for the AIU to understand and participate in an no amount of reading, observing, or studying is necessary to participate in the Facebookosphere.  In short – Twitter is NOT for the AIU. Twitter for silicon valley elitists (please take that as a compliment, not a knock – I’m a wanna be “SVE” myself) and those that do not use RSS and want to be fed information from celebrities, bloggers, and rich influentials.  It’s main problem – “Twitter specific crap and etiquete”.  This stuff is just not for everyone.  I believe Twitter has peaked in terms of the number of celebs, bloggers, and VC folks that will participate in its pool of information gathering and link sharing.  In order to grow, it needs the AIU.  But the AIU will never become an engaged Twitter user.  For Twitter to grow and prevent shark jumpage, the AIU must join and participate in full force so that advertisers can feed ads to the lucrative AIU. It is for this specific reason – that the AIU will never adopt Twitter – that I believe “Twitter has Jumped the Shark”.

There’s good news and bad news to all of this.  Shark jumping is not necessarily a bad thing.  In fact, it happens to all companies at some point in their life.  75% of the companies in the S&P 500 in 1980 are not in the S&P 500 today.  That means 75% of companies that were once considered among the top business in the world have too “Jumped the Shark”. Jumping the Shark does not mean your days are numbered, it just means you are unlikely to grow your valuation any further.

A few questions to sum up all of this…

Do I personally dislike Twitter?

No.

Will I continue to use Twitter?

Yes

How much do I think Twitter is worth?

Around $2 Billion

What’s all this mean?

The Twitter founders should cash in and sell the company shortly – within 2 years, tops.

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