Mahalo's Jason Calacanis in Better Days

As usual, colorful serial entrepreneur Jason Calacanis makes lemonade from lemons–or is it vice versa?–touting cost-cutting at his human-powered search engine start-up and newest venture, Mahalo, almost as much as he touted its prospects when he started it up a year ago with $20 million in funding. But in a blog post yesterday, Calacanis sang perfectly in tune with the new, decidedly grimmer, times. But BoomTown has videos of when things were sunnier for Mahalo.