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Interesting that the piece calls YC an incubator as well. I think for the lack of a better word, the definition of an incubator has changed considerably since
by aditya 16y ago
Interesting that the piece calls YC an incubator as well. I think for the lack of a better word, the definition of an incubator has changed considerably since the late '90s. Neither YC nor Betaworks are incubators in the same sense that Idealab was (no sharing of people, or HR, or accounting) but more sharing of wisdom, ideas, technology (in the form of APIs).
Overall, it seems like a decent way to "incubate" startups which are otherwise long, lonely journeys of massive highs and lows.
- steveklabnik 16y agoI've seen a change from people saying "incubator" to people saying "seed accelerator."
- staunch 16y agoI'm calling these Lean Incubators. You may attend my conference next year for only $4500 per ticket.
- jamesshamenski 16y agoBootup Labs in vancouver is very critical of this term. They adamantly stick to the word 'accelerator'. {try telling that to their last round of investments}
- bootload 16y ago"... incubator, seed accelerator, Lean Incubators ..." One reason the term is deliberately confusing is pg has never attempted to label this type of angel investment. Hoping every time this type of angel investment YCombinator is mentioned.
- JLast 16y agoI just started interning at one of BetaWorks startups (JumpPost), so i'm by no means an expert. But, I do think that there are a few global designers / developers that float between companies. The atmosphere is such that there is a lot of loose collaboration at least for the companies that are in house. It's definitely an inspiring setup.