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August 23, 2011 08:20 pm GMT
YouWeb, the social incubator behind OpenFeint, CrowdStar, Sibblingz and iSwifter, has raised another $2 million in funding from a number of angel investors including Dave Roux (the co-founder and chairman of Silver Lake Partners, Dave Whorton (the founder of Tugboat Ventures), Praful Shah, Brett Wander, Winston Cho and YouWeb founder Peter Relan. The company had previously raised $700,000 in funding.Relan explains that YouWeb differs from other programs in that it is an extremely early-stage, almost pre-Y Combinator incubator. He says that YouWeb simply chooses individuals based on talent, and entrepreneurs come in with no team, business model or idea. The individual is given $100,000, and develops a business or app in house. YouWeb usually incubates around two entrepreneurs per year.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Oi3V354RTAk/
OpenFeint And CrowdStar Incubator YouWeb Raises $2 Million
YouWeb, the social incubator behind OpenFeint, CrowdStar, Sibblingz and iSwifter, has raised another $2 million in funding from a number of angel investors including Dave Roux (the co-founder and chairman of Silver Lake Partners, Dave Whorton (the founder of Tugboat Ventures), Praful Shah, Brett Wander, Winston Cho and YouWeb founder Peter Relan. The company had previously raised $700,000 in funding.Relan explains that YouWeb differs from other programs in that it is an extremely early-stage, almost pre-Y Combinator incubator. He says that YouWeb simply chooses individuals based on talent, and entrepreneurs come in with no team, business model or idea. The individual is given $100,000, and develops a business or app in house. YouWeb usually incubates around two entrepreneurs per year. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Oi3V354RTAk/
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