I worked at something like this. It was an interesting experience but I'm ultimately sour on the idea after it. We would have 'idea meetings' and decide to mak

I worked at something like this. It was an interesting experience but I'm ultimately sour on the idea after it. We would have 'idea meetings' and decide to make a startup. Then we'd recruit founders preferably from the industry we wanted to make a startup around. And then we'd group those few people together with a developer hired by the incubator to launch a (most of the time SaaS) business. This went on for a quite a while and I think they still exist but without any big successes or much of any success. But that was alright, they explain, as most startups fail anyway. I think their biggest success was from investment in a company that wasn't created by them. So the big failings with the model I found were this: 1. Idea meetings by experts in 'startups' - whatever that is - does not often find good product ideas. They just follow on whatever is popular so they find themselves in an inevitably crowded market. 2. The startup incubator had more interest and more control of the companies than the puppet founders which lead to odd dynamics. The founders recruited were, in a way, working for the incubator and not their own company. There seemed to be a lot of 'playing house'. I think the model attracted people from all sides that just wanted to be in the startup culture for its own sake. They weren't hungry to make the thing they were making. They were hungry to participate in startupism.