On the heels of Jon Miller being replaced by Randy Falco… Tech Crunch reports that Jason Calacanis has resigned from AOL.com.
Here is our potential timeline of events:
- Jason Calacanis sold Weblogs Inc. last year in October 2006, he probably had to stick around at least one year, time is up, and he is out. He cashed out and would have stayed had he been considered for a real senior management role.
- Despite saying the contrary in public, a fellow of Calacanis personality probably had sights on being AOL’s CEO. Not anytime soon, but after Jon Miller’s tenure perhaps. When Time Warner’s head office laid Jon Miller off for old media type Randy Falco of NBC, it was clear that Calacanis was never considered CEO-worthy and that Time Warner held absolutely no respect for AOL managers.
- Calacanis was probably not even highly viewed by AOL and Netscape’s employees; that’s not a knock against Jason, just saying that it was a tough spot to be in. You launch a blog network in January 2004 and Mark Cuban backs you, a year and a half later you sell for $25M after boasting of making $1M a year with Google Ad Sense… you walk into a place like AOL which despite its troubled recent past is an icon of the Web.
- Months after the acquisition, you become the GM of Netscape and fix something that is not broken, and the media criticizes it a me-too move that is doomed to fail.
- 13 months after you sell, the Internet Advertising Bureau comes out and says that the Web is bigger, better and badder (in a good way!) than ever, but you have already sold your company to AOL and will now be reporting to a dozen people and earn a salary.
- 13 months and one day after you sell, you see that Time Warner will lie to Jon Miller’s face and then replace him with someone else the next day, meaning that Weblogs Inc. is nice and dandy and it’s time to move on to something else… you also wrote how Jon Miller was one of the few people who would be able to manage you etc., implying that the joyride is over with new head Randy Falco, who hails from old media and would not tolerate you blasting your bosses at AOL too long.