90% Of Incubators And Accelerators Will Fail And That?s 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 gaming?companies. 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.

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