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This reminds me a bit of the Bell Labs west-coast startup program. Back in the 1990s, they created their internal startup area. While it did do was create a lo
by e1ven 20y ago
This reminds me a bit of the Bell Labs west-coast startup program. Back in the 1990s, they created their internal startup area.
While it did do was create a lot of hostility, and keeping of secrets from other divisions. It divided the company up, and most of the internal groups didn't end up doing well..
Check out "Bell Labs: Life in the Crown Jewel", it's an interesting read on the history of the labs.
It seems that independent (external) funding sources can do much better- They can fund any group that shows promise, no matter where it originated.. They put the risk into the hands of the founders, and they have a wider market to choose from.
-C