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No, because the alternative is that I can work out of my house.
by ctingom 18y ago
No, because the alternative is that I can work out of my house.
- jodrellblank 18y agoIf it offered nothing better than your house then it would deserve to fail. The point would be to offer things to your fledgling business that your house couldn't because you can't afford them or don't have the skill or time to setup, some ideas suggested above. Or perhaps a lawyer, accountant, graphic designer, available at regular times. Perhaps a stack of servers ready for hosting virtual machines that you can make use of. Perhaps a place to work away from your house for a bit. Perhaps a social gathering spot.
- pbrown 18y agoWhile it would be great to have access to the lawyer, accountant, graphic designer etc. on call, the overhead cost of your incubator just went up $250k per year. There's a reason most incubators are subsidized (so they can bleed money all day long), or by successful people with really deep pockets. As mentioned above, at the end of the day you spent a fortune and you're left with some stock certificates that are pretty much toilet paper. Certificates are worthless without liquidity events. Just so you're clear, I think shared offices are an awesome idea, but you gotta get paid too, lights don't pay for themselves.