Jason Calacanis, former CEO of Weblogs Inc. and GM of Netscape, has revealed his latest project: a human-edited search engine/wiki/directory called Mahalo.

The idea is to hand-craft search results for the top search queries. At launch (in Alpha, meaning "not ready for users, but looking for feedback"), Mahalo has results for 4,000 terms, and expects to have 10,000 by the end of the year. There are currently 40 editors on staff, with 100 planned by the end of the year. Calacanis, currently an "entrepreneur in action" at Sequoia Capital, is the CEO of Mahalo. Investors include Sequoia, Elon Musk, and Newscorp.

Calacanis has no pretensions about replacing Google, since the human-edited model would not scale to match the billions of pages in Google's index. Instead, he looks at Mahalo as a way for searchers to get a better answer for top queries, while defaulting to Google for those not served by Mahalo.

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