Calacanis does not appear to be a partner in Sequoia. A search of the http://www.sequoiacap.com/ site for "calacanis" delivers no hits. The page http://www.sequoiacap.com/us/jason-calacanis does not exist (which I believe would if he were on their team in a formal capacity). In December 2006 he took an "entrepreneur in residence" role, which is normally temporary (e.g. 6-12 months to find a company to start or invest in), which may be misleading you.
No one likes to have their private business contracts leaked, but it's always a good idea to operate in a way that you can withstand public scrutiny.
Many other qualified investors--both Angels and VC's--have also been critical of the same business practices that Calacanis is criticizing. For example, the Angel Capital Association, Brad Feld, Fred Wilson, Joe Platnick.
No one likes to have their private business contracts leaked, but it's always a good idea to operate in a way that you can withstand public scrutiny.
Many other qualified investors--both Angels and VC's--have also been critical of the same business practices that Calacanis is criticizing. For example, the Angel Capital Association, Brad Feld, Fred Wilson, Joe Platnick.