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Some Fortune Passes RP’s Way

It isn’t much. Silicon Alley reports that

Jason Calacanis’ Wikipedia-for-profit Mahalo laid off 11 of its 20-to-25 member editorial staff and two developers yesterday, says a former employee. The source tells us some of the positions will be rehired in the Philippines.  (Jason says only 6-7 people were let go). About 10 Mahalo employees in administrative and executive positions remain based in Santa Monica.

As America slows down, it outsources more? No, I still don’t think we’ll get a flood of tech job or any kind of job going Asia. Startups are being more prudent and focused than ever. Venture Caps are being more prudent than they ever were.

Depressing Stock news might be, this downturn is making people work smarter. We’re going to see an explosion of activity coming out of this. Now there’s something to think about.

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Comments

  1. Jon Limjap says:

    Well, you do know that Friendster actually moved its offices here, right?

  2. cocoy says:

    Jon, yep. that was awhile back, wasn’t it?

  3. BrianB says:

    Hey great. I wonder if they recruit themselves or use a BPO company. I want to apply as anchor.

  4. cocoy says:

    BrianB. I’ve no insider information. You could probably go straight to Calacanis. He’s pretty much everywhere anyway.

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