Tuesday, September 13, 2011
Calacanis: Yahoo Should Buy Mahalo For $150M
How much is Santa Monica-based Mahalo worth? According to Jason Calacanis, in a blog post, $75M to $150M. In a list of 10 acquisitions he suggested Yahoo make "on day one", Calacanis--not one to shy from self promotion--said that Yahoo could acquire Mahalo for $75M to $150M, with a chance of closing a deal at greater than 50%. Calacanis said his firm--plus fellow instructional videos site Howcast--are the "only two brands...really attacking the free education space." Calacanis gave his list of companies which would help Yahoo improve its brand and revive its content on Tuesday.