4 ms·
I don't know what an incubator is, so I looked it up on Wikipedia where it says that "Successful completion of a business incubation program increases the likel
by jmpeax 13y ago
I don't know what an incubator is, so I looked it up on Wikipedia where it says that "Successful completion of a business incubation program increases the likelihood that a startup company will stay in business for the long term: older studies found 87% of incubator graduates stayed in business, in contrast to 44% of all firms."
I saw lots of "bullshit" words and other emotional words spewed around Carlson's post, so I think I'll go with the Wikipedia article on this one.
- cardmagic 13y agoThe study referenced in Wikipedia is from 1997, 8 years before Y-combinator which is the first of the class of incubators I talk about in my blog post. I also think the studies are about a different kind of business than the startups discussed in my blog. More along the lines of McDonalds franchises than Facebooks. However you do bring up a valid point: my blog is just my opinion and worth just about as much as you pay for it. :)
- webmaven 13y agoIf your rant is specific to a particular type of program, why not use the specific term ('accelerator')?