"But basically, if you go by YouWeb’s comparison estimates, Relan has turned $700,000 into around $1 billion in value in just three years, and created close to

"But basically, if you go by YouWeb’s comparison estimates, Relan has turned $700,000 into around $1 billion in value in just three years, and created close to 200 jobs in the process. To be sure, the $1 billion isn’t all YouWeb’s — Relan didn’t disclose the amount of equity the incubator has in each of its startups." But basically, he hasn't turned "$700,000 into around $1 billion".