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Mahalo's Calacanis Offers $500K For Twitter Spot

socalTECH

Santa Monica-based Mahalo , the human-powered search engine run by Jason Calacanis, is in the spotlight again, this time for putting a price on being a top Twitter user. Mahalo Answers is Mahalo's question and answer service, where users can post questions and answers, with the best answer getting paid. READ MORE>>.

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ShopNation Raises $800K, Launches Fashion Discovery Site

socalTECH

ShopNation's web site allows users to find fashion products, including clothing, shoes, handbags, accessories, and lingerie, sort-able by brand, features, price, and other options. The firm said its team comes from LowerMyBills.com, Mahalo, and HUGE. READ MORE>>.

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3 Valuation Inflection Points for Startups: Don’t Copy Calacanis

From the Venture Trenches

There are three basic valuation inflection points for any early stage company and each one typically increases the price investors are willing to pay in order to back the business. In his case he was better off meeting with investors once he was generating revenues and could validate his businesses value proposition.

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How to Save MySpace

Jason Nazar

Music – enable a dead simple player on band and profile pages that lets users upload their songs and have them purchased for any price they set. This could also be done by leveraging a partnership (or buyout) of a site like Mahalo. Movies – no website has more Hollywood DNA. Local newspapers are dying all across the country.