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October 15, 2012 03:00 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/41_lfQY9bbo/
90% Of Incubators And Accelerators Will Fail And Thats Just Fine For America And The World
Editor's note: Peter Relan is a former programmer and Internet executive. He founded YouWeb Incubator in 2007, spinning out a string of successful mobile and gamingcompanies.Incubators are now an industry segment in their own right. Before starting YouWeb Incubator in 2007, I began to explore the idea of an incubator with friends and colleagues. Most people told me that Idealab and CMGI had tried the model in the 1990s and didn't really work out (with the exception of Overture, which spun out of Idealab). CMGI imploded in the dot-com bust.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/41_lfQY9bbo/
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