Webvan’s Peter Relan Takes Wraps Off New Startup Incubator, 9+ (opens in new tab)

(siliconbeat.com)

3 pointsjoelandren12y ago3 comments

3 comments

3 comments · 1 top-level

joelandrenOP12y ago· 2 in thread

I posted this to just comment on it. If you're asking for 18% equity as an incubator, you're going to have the worst batch of startups conceivable. This will not end well.

mercwiretap12y ago

Hi, Joe. I wondered when talking to Relan yesterday how entrepreneurs will react to this. On the one hand, it's certainly better than the 50% stake he was taking before. OTOH, perhaps those earlier terms were part of why YouWeb seeded only a handful of companies.

Thanks for the feedback - Peter Delevett @mercwiretap

joelandrenOP12y ago

Early stage investing is the most competitive. These terms show a fundamental misunderstanding of the market (or his value).

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