Calacanis Waits To Be Sued -- But Angels Say They Won't Oblige
Jason Calacanis stepped up his attack on angel groups that charge entrepreneurs to pitch their startups, circulating another long blog post with anonymous criticisms of two of the groups he's called out -- the Keiretsu Forum and privateequityforums.com -- and a claim that he expects Keiretsu to sue him by the end of the week. Not so, said Keiretsu founder Randy Williams. There's never been a lawsuit, Williams said, although he adds that Calacanis has his facts wrong and has misstated the fees Keiretsu charges. "I've not talked to an attorney or counsel. I always take the high road," Williams said. "My wife and family are very hurt by (the criticisms) -- there's a lot of collateral damage. But I think Keiretsu will get tremendous exposure because of this and more companies will come to us and we'll fund greater companies because of this."
