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Calacanis: Yahoo Should Buy Mahalo For $150M

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How much is Santa Monica-based Mahalo worth? In a list of 10 acquisitions he suggested Yahoo make "on day one", Calacanis--not one to shy from self promotion--said that Yahoo could acquire Mahalo for $75M to $150M, with a chance of closing a deal at greater than 50%. According to Jason Calacanis , in a blog post, $75M to $150M.

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Calacanis Takes A Bite Of Ramen's Crowdfunding Site

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No, Jason Calacanis , the Santa Monica angel investor, and CEO and founder of Mahalo , isn''t bootstrapping a new company and reverting to the hungry''s entrepreneur diet. ramen software crowdfunding finance project development jason calacanis mahalo launch conference' READ MORE>>.

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Mahalo Cuts Staff

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Santa Monica-based Mahalo, the search and news site run by Jason Calacanis, has cut 10 percent of the firm's staff, Calacanis said in a post on his blog Wednesday. The cuts will give the company runway past 2012. Mahalo is venture backed by Burda Digital Ventures, CBS, News Corp., READ MORE>>

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ShopNation Raises $800K, Launches Fashion Discovery Site

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Santa Monica-based ShopNation has raised $800,000 in a seed funding, and launched a new fashion discovery site today. The company--one of the companies in the LaunchpadLA effort--is the second startup for Schneider and Kervin, who founded StarBrand Media, a celebrity shopping startup acquired by Sugar Inc. READ MORE>>.

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LAUNCH Conference Tops $1M In Prizes

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The LAUNCH Conference , the technology startup launch conference organized by Mahalo CEO Jason Calacanis, has just surpassed $1 million in prizes, Calacanis said Tuesday afternoon. Calacanis heads up web search site Mahalo, as well as running video podcasting enterprise This Week In, and is also an angel investor.

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Wittlebee's Percival Surfaces At Topix

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Sean Percival , the founder of Wittlebee and former MySpace, Tsavo Media, Docstoc, and Mahalo executive, has surfaced at hyperlocal news site Topix as VP of Marketing. Percival''s last startup, Wittlebee, had faced a fundraising crunch , which forced Percival out of the company.

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LAUNCH Conference Prize Money Hits $151K

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Calacanis--who is the CEO of local startup Mahalo, and also host of This Week In Startups--has been promoting his LAUNCH conference since a widely publicized fallout with TechCrunch founder Michael Arrington over their jointly produced TechCrunch50. Mahalo is based in Santa Monica. READ MORE>>.