Without saying it on their website, Tandem is just another incubator. I would be skeptical of this type of setup. A friend of mine has dealt with a similar co

Without saying it on their website, Tandem is just another incubator. I would be skeptical of this type of setup. A friend of mine has dealt with a similar company in Mountain View that shall remain nameless. At first things were going well, then they wanted to outsource the development to India, then they wanted to take 50% of the company. Needless to say he didn't sign with them. Not all incubators are bad (YC, obviously, isn't), but the bottom line is don't get caught up when numbers with a bunch of zeros on the end get tossed around. Think hard about their value proposition. If they even mention outsourcing the development, just walk away.