Webvan’s Peter Relan Takes Wraps Off New Startup Incubator, 9+

Posted by joelandren on Thursday July 11, 2013 @01:01PM
from the siliconbeat.com dept.

http://www.siliconbeat.com/2013/07/11/webvans-peter-relan-takes-wr000000aps-off-new-startup-incubator-9/

( 3 comments | 3 points | on HN )

Re:Webvan’s Peter Relan Takes Wraps Off New Startup Incubato... by joelandren on Thursday July 11, 2013 @01:03PM (#6027356)

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.

[ Parent | on HN ]

Re:Webvan’s Peter Relan Takes Wraps Off New Startup Incubato... by mercwiretap on Thursday July 11, 2013 @01:10PM (#6027394)

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

[ Parent | on HN ]

Re:Webvan’s Peter Relan Takes Wraps Off New Startup Incubato... by joelandren on Thursday July 11, 2013 @01:18PM (#6027445)

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

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