Undated
Calacanis says his first AngelList syndicate deal, in Calm, drew $328,000 from backers when the company was valued at $4 million to $5 million.
“And $328,000 came in and the company was worth 4 million or 5 million at the time.”
Topic
Calm
5 facts from 3 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
Undated
Jason Calacanis says his syndicate invested about $370,000 in Calm for roughly six percent at a $4 million valuation.
“it was four million dollars we put 370 ak and on six percent”
Undated
Jason Calacanis says Calm's founders told him they had been rejected by 40 investors and considered shutting down the company before using his money.
“we had just pitched 40 investors and they all said no and we were trying to debate if we could in good conscience burn your money”
Undated
Jason Calacanis says Calm planned a subscription at ten dollars a year, and that he urged its founders to charge ten dollars a month instead.
“subscriptions are coming that's going to change everything and they were going to do ten dollars a year”
Undated
Matthew Walker says the meditation app Calm was rescued by introducing sleep stories, which helped it reach a valuation above $1 billion.
“the meditation company Calm, you know, was saved by the the introduction of sleep stories into their app.”
Episodes