38 - Jason Calacanis, investor: The Brooklyn Kid Turned Angel
Fortt Knox30 Jul 2017

38 - Jason Calacanis, investor: The Brooklyn Kid Turned Angel

Brooklyn in the 70s and 80s. Today, he says, his net worth is somewhere north of 100 million dollars. That's not because he's an entrepreneur, though he has started a handful of companies. Jason got rich as an entrepreneur. But he got really, really rich by investing in the crazy ideas … of other entrepreneurs. He just wrote a book: Angel: How to Invest in Technology Startups. He says he can tell you how he did it, and give you pointers so that – maybe you can do it, too. In the tech world, we call these people "angel investors." They're usually the first money into a startup, giving six figures or less – just enough to keep an idea going while the founder figures out whether it's big enough to attract millions from venture capitalists. The downside of being an angel investor: It's really risky. You're probably going to lose the money you put into 90% of startups. The upside: If you get a couple of winners, they can be huge wins. And get this: because of the way regulations are changing, you can now become an angel investor, from the comfort of your computer. You can pool your money with other angels.


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Episoder(147)

19 - Sir Martin Sorrell, WPP CEO: How To Make Your Second Act An Empire

19 - Sir Martin Sorrell, WPP CEO: How To Make Your Second Act An Empire

Sir Martin Sorrell is arguably the most important advertising executive in the world. As CEO of WPP Group, he oversees a global marketing machine that he's assembled over more than 30 years. His group...

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18 - Tom Steyer, investor and activist: A Billionaire's Surprising Rules of Winning

18 - Tom Steyer, investor and activist: A Billionaire's Surprising Rules of Winning

Tom Steyer became a billionaire by solving puzzles. That wasn't his technical job description – he actually founded Farallon Capital, a hedge fund in San Francisco, 30 years ago. As an investor, two s...

13 Mar 201750min

17 - Michael Phelps, Olympic champion: The Toughest Battle Is in Your Mind

17 - Michael Phelps, Olympic champion: The Toughest Battle Is in Your Mind

We love to have these debates about who's the greatest of all time in any given sport; maybe it's because you don't even have to be an expert to get in on them. All you need to know is the yardstick f...

4 Mar 201726min

16 - Sue Decker, Raftr founder: The Woman Who Advised Steve Jobs & Warren Buffett

16 - Sue Decker, Raftr founder: The Woman Who Advised Steve Jobs & Warren Buffett

More than a decade ago, Steve Jobs asked Sue Decker to be the chief financial officer at Pixar. Decker said no. She did, however, join Pixar's board of directors. At the time, Decker ran finance at Ya...

25 Feb 201722min

15 - Bayard Winthrop, American Giant founder: Clothes Made in the U.S.A.

15 - Bayard Winthrop, American Giant founder: Clothes Made in the U.S.A.

Bayard Winthrop got his inspiration from Silicon Valley. If we could put a touch-screen computer in the palm of everyone's hand, why couldn't we actually make the next great American clothing brand … ...

20 Feb 201752min

14 - Gene Simmons, KISS: How to Future-Proof Your Brand

14 - Gene Simmons, KISS: How to Future-Proof Your Brand

Gene Simmons is the most outrageous member of one of the most outrageous bands of all time: KISS. There's a lot more to KISS than shock. It's the number-one gold-record-earning group ever, at 30, when...

13 Feb 201748min

13 - Darren Walker, Ford Foundation president: What It Will Take to Heal the Culture

13 - Darren Walker, Ford Foundation president: What It Will Take to Heal the Culture

The key to understanding this moment in American history, in black history, is empathy. That's what Darren Walker is saying. And one could argue that if anybody's positioned to understand this dizzyin...

6 Feb 201730min

12 - Carrie Schwab-Pomerantz, Charles Schwab Foundation president: Empowering Women to Invest with Confidence

12 - Carrie Schwab-Pomerantz, Charles Schwab Foundation president: Empowering Women to Invest with Confidence

When you see Carrie Schwab-Pomerantz's name, you might assume the daughter of Charles Schwab grew up quite privileged. After all, the Schwab name has become synonymous with wealth management. Didn't s...

30 Jan 201743min

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