You can't make deals you can't see.

When Jason Calacanis was getting started as an angel investor, he relied partly on contacts he made as a journalist covering technology in New York and Silicon Valley. One of them, Travis Kalanick, had an idea for solving San Francisco's notorious taxi problem with the iPhone's new GPS feature and an innovative payment mechanism. That idea became Uber, and Calacanis's small-dollar investment became, well, big. He told me about it in this Fortt Knox archive conversation.

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