News for hackers. Stuff that matters.
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.
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

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).