1626 Turning blogging into dollars in a big way

Write a blog, scramble for funding, do a good job, fill a need, and let AOL.com buy you! It worked for Jason Calacanis, who writes an entertainment, magazine, media type blog. Check back in a few months to see if the honeymoon is over. He wrote on Oct. 10:

"It’s pretty exciting to be part of a transformation like this and I’m going to put all my energy into it. For me this is more exciting than doing another startup to be honest. Look at it this way, I’ve done three or four startups since I worked for SONY back in 1994/95. It’s been over 10 years since I’ve been part of a big company doing big things. At SONY I was 23 years old and was sitting in the basement—I couldn’t get anything done. I fought my way to the CEO at SONY and told him to buy Lycos and Yahoo and he didn’t do it even though the price would have been less then the Last Action Hero!!!

At AOL I don’t have to fight to get to the CEO and senior management team—I can send them an IM or go to lunch with them any time I want! In fact, I’m part of the executive team and they’ve embraced me and my team with open arms. I’ve known members of the executive team at AOL for over 10 years in some cases, so there’s a lot of history and trust between us."

I remember a few mergers and acquisitions that felt that way too. . .