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Webvan’s Peter Relan Takes Wraps Off New Startup Incubator, 9+
- joelandren 13y agoI 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.
- mercwiretap 13y agoHi, 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
- joelandren 13y agoEarly stage investing is the most competitive. These terms show a fundamental misunderstanding of the market (or his value).