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Money quote: "This is the first time I've ever said this to anybody, this is an exclusive: this will be my last company. I'm not going to do another company after this."

I'm not a giant fan of Mahalo -- don't hate it or anything, but I don't really believe in it either. Be interested to see how long Calacanis sticks to his word if it goes under.

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What he means is that he's going to push Mahalo into a big enough exit so that he never has to work again.

I first read about Calacanis in a book called DIgital Hustlers (remaindered) and he used to run a newsletter in New York, which made him rich. Then he coasted for a few years, and he made millions on his last sale to AOL. He could just retire now, it seems from this interview.

I love scrappy 'operators' who reinvent themselves time after time to the jeers of those without an understanding of enterpreneurship. I don't get it either, I admit.

Best part of Digital Hustlers - a several-month, million-dollar party in New York ('Silicon Alley') which lasted right up to the bust.

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