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" The first phase of social media was listening to the conversation. The second phase was joining the conversation. The third phase will be hosting the conversation on your site. "

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" If you get people to commit to an email relationship, it's the deepest, most intimate relationship you can have online. Much deeper than Facebook and certainly more intimate than a blog. "

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Deepest

" Social media, like blogs, are truth-seeking technologies. In fact, the Internet itself is the greatest truth-generating device ever created. "

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Internet

Media

" CNN was crazy to think they could fill 24 hours with news - let alone around the world in 10 to 20 languages. Reuters or AP with a thousand people around the world covering news? Crazy. "

" For tech, I like the 'DailySearchCast', 'TWiT' and anything Veronica Belmont does on CNET. I think Perez Hilton is a riot, and the rest of my consumption is by people: Folks like Dave Winer, Fred Wilson, Mark Cuban, Brian Alvey, Jeff Jarvis, Xeni Jardin, etc. "

" People like rich applications on their desktop, and there is no reason why you can't have both a rich desktop and a light, cloud-based application framework. Why is it always either/or for people? "

" I don't want someone taking half a sentence or paraphrasing me... Just too much risk. "

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Half

Want

" The wisdom of the crowds has peaked. Web 3.0 is taking what we've built in Web 2.0 - the wisdom of the crowds - and putting an editorial layer on it of truly talented, compensated people to make the product more trusted and refined. "

" Blogging is great, and I read blogs all day long. However, my goal is really to have a deep, meaningful discussion with people. For some reason, I'm able to accomplish this best via email. "

" Imagine being 30 years old, thinking you were a media titan, and now you are labeled a 'scam artist.' "

" As a publisher, you have no direct relationship with advertisers. "

" When I was coming up as an entrepreneur, I had to fight for everything I got, and there was no clear roadmap of how to be successful. "

Jason Calacanis

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Entrepreneur

" While people are quick to praise the wisdom of the crowd, being an old-school journalist, I look at the wisdom of the crowd and know it can quickly turn into a mob mentality. "

" Airbnb is a much more effective protest than shutting down the Brooklyn Bridge. "

Jason Calacanis

Protest

Down

" Journalists have misquoted people for so long - and quoted them out of context that for many people like to have their words on record. "

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People

Words

" Mahalo's business model is advertising. Yahoo, Google, Ask, AOL and MSN are all advertising-based. So I don't see anything wrong with advertising-based search. "

" TechCrunch is the publication of record, but they're so bad and uninformed. It's insult after insult. When I play poker with other VC's, we all laugh at TechCrunch. "

" I think entrepreneurship is a beautiful thing. "

" The balance of power shifts on the Internet to the individual. This is a two-way medium. "

" If you are delusional, sometimes the reality catches up with your delusion, and then all of a sudden you are a genius. "

Jason Calacanis

Sometimes

You

" My first company produced 'Silicon Alley Reporter' magazine, where I held the dual titles of CEO and Editor. "

" I've become addicted to playing poker because you're constantly faced with confusion, and winning is trying to make sense out of nonsense. "

" You have to have a big vision and take very small steps to get there. You have to be humble as you execute but visionary and gigantic in terms of your aspiration. In the Internet industry, it's not about grand innovation, it's about a lot of little innovations: every day, every week, every month, making something a little bit better. "

" The tech and tech media world are meritocracies. To fall back to race as the reason why people don't break out in our wonderful oasis of openness is to do a massive injustice to what we've fought so hard to create. "

" The future of television is not on television but online. A majority of us are turning to our computers and mobile devices for news and entertainment, Millennials especially. "