MENLO PARK, Calif. (PRWEB) September 07, 2012
Peter Relan, the founder of the five and half year old tech incubator YouWeb, which has been taking in exceptional entrepreneurs in residence (EIRs) without teams, business plans or even ideas, announced the launch of FounderQuorum, as a way to help budding technical entrepreneurs achieve their "founder" ambitions. Relan will use this platform to post his advice weekly on all things founder-related as well as answer the most challenging questions posted by hackers looking to change the world.
Relan is a former hacker himself, and a successful serial entrepreneur, Silicon Valley executive, angel investor, and technology veteran for over 25 years. Recently, Relan made his mark with a string of successful mobile and gaming companies spun out of YouWeb: the first mobile social iOS game every built for a smartphone, Aurora Feint, and the largest mobile social gaming network OpenFeint, which was sold to GREE for $104 million last year, cross platform app development framework Spaceport.io backed by BBC, mobile social gaming company CrowdStar backed by Time Warner Investments and Intel Capital, edutainment company Pluto and cloud based streaming platform Agawi backed by super angels. Relan started tinkering with programming at the age of 15, and continues to surround himself with fellow hackers at YouWeb. FounderQuorum is a chance for Relan to share his wisdom with a broader base of entrepreneurs on the nuts and bolts of building a fast-growth startup as a founder.
FounderQuorum kicks off with Relan’s posts on his own background and on the seven steps to turn your idea into a real business, which maps out the key phases in the lifecycle of an idea turning into a company. Relan will continue to be a resource to aspiring entrepreneurs by updating FounderQuorum weekly with advice for the hacker community, including upcoming topics like “Evolution of a Founder,” and “Evolution of a Startup.” He will also answer inbound questions posted on the site, to ensure that he is taking care to address the most prominent issues that hacker entrepreneurs face today.
"Even though there are hundreds of incubators and accelerators, there are only three principle models of incubation out there now. There's "idea incubation" model like we see from Idealab; the "team acceleration" model from Y Combinator and, from my incubator YouWeb, a different model which I call "hacker incubation" where its the person, not the idea, that is funded and cultivated,” states Relan. “We get hundreds of application each year, but I sort of took Steve Jobs' advice of doing a few things very well, so I haven't scaled YouWeb to hundreds of founders. But I realized that hands on mentorship is the critical piece to the ultimate success of a great founder; a piece that is often lacking in other large-scale models. So a blog seemed the best way to scale to a broader base of potential founders through this new site."
YouWeb, founded in 2007 only incubates a few hackers per year and Relan spends a lot of time with each one.
"Having a hands-on involvement from Peter and from the YouWeb team was a big reason we were able to grow so quickly and successfully. I think the YouWeb model needs to play a bigger role in the ecosystem as entrepreneurs need more mentorship than a few minutes per month," states OpenFeint co-founder Jason Citron, a returning founder who has started his second company, Phoenix Guild within YouWeb.
Anyone can ask a startup-building question to Peter Relan by visiting, http://www.FounderQuorum.com. He will pick from questions and then post answers on the site.
YouWeb was created by Peter Relan, a successful serial entrepreneur, Silicon Valley executive, angel investor, and technology veteran for over 25 years. YouWeb invests in helping brilliant developers/engineers who have never founded a start-up. Generally speaking YouWeb's focus is consumer Internet and mobile with an emphasis on social entertainment.