AOL: Changing of the Guard
Hot off the presses, Jason Calacanis has apparently quit AOL - hours after his boss and mentor, Jonathan Miller, was shown the door by Richard Parsons. It's really should come as no surprise Calacanis is moving on because it was only a question of when, not if, given he's an wealthy entrepreneur who is working for a large corporation - and everyone knows entrepreneurs don't thrive in large, bureaucratic corporations, right? So what does Calacanis do next? Well, clearly he believes in the online advertising model given his excitement about the IAB numbers earlier this week. The question is whether his severance agreement with AOL precludes him from working for a user-generated company or, for that matter, an online company that generates revenue from advertising.
Update: Quote of Week. “Wow. When Jason told me he was leaving AOL, I thought he was just canceling his dial-up account.” - Netscape's Brian Alvey,
who co-founded Weblogs, Inc.
Tags: Jason Calacanis, AOL
