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Jul 11, 2013, 9:00am PDT Updated: Jul 11, 2013, 9:48am PDT

Startup mentor Peter Relan expands incubator with 9+

Peter Relan is winding down his YouWeb personal incubator and launching a bigger startup program called 9+.

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Cromwell Schubarth: Senior Technology Reporter- Silicon Valley Business Journal; Email | Twitter | Google+

Silicon Valley startup mentor and investor Peter Relan on Thursday announced 9+, a new incubator program with a group of investors and entrepreneurs who will coach 24 teams a year in nine-month sessions.
Relan is winding down the YouWeb incubator in which he personally invested in promising entrepreneurs, usually before they even had a business plan in mind. The first 9+ session is scheduled to start in October and applications are being accepted through the end of August.
Relan said he is trying to fill a niche left open by larger incubators like Y Combinator and 500 Startups.
"Over the last seven years, Y-Combinator has done a fantastic job of encouraging and evangelizing start-up creation, as well as demo days and financing — but, for many entrepreneurs, a three-month program and being one of 50 to 100 companies, is simply not enough time to fully develop into a founder-CEO leading a meaningful company," he said in a prepared statement.
The 9+ team includes Jerry Held, former chairman of Vertica and ex-Kleiner Perkins Caufield & Byers CEO-in-residence, as a mentor.
Others who will have the title of "company builder" are:
— Michelle Sangster, who is a director at Amazon, a former Yahoo exec and Kosmix vice president of business development.
— Eros Resmini, the former Openfeint/GREE senior vice president of marketing and developer relations.
— Jim Mills, a former partner at Vantage Point and angel investor.
— Les Wright, the former chief financial officer with Business Signatures, InfoSeek, ASK Computer, and Fractal Design.
Relan coached 12 entrepreneurs in the six years he ran YouWeb, including the OpenFeint founders Jason Citron and Danielle Cassley, who sold the social platform for games to GREE for $104 million.

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Cromwell Schubarth is the Senior Technology Reporter at the Business Journal. His phone number is 408.299.1823.

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