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Thanks. :) The only thing I found when I looked into incubators is that the business model and thus the incentives for both the startup and the incubator side
by jedc 17y ago
Thanks. :)
The only thing I found when I looked into incubators is that the business model and thus the incentives for both the startup and the incubator side appear to be much different than in a seed accelerator. That, and the word "incubator" means different things to different people.
My worry is that in some cases incubators can start to become dependent on having companies in their space, and thus there's a lack of encouragement (or active dis-encouragement) to "graduate" from the incubator. That is a significantly different model than a seed accelerator where they are effectively kicked out at a certain date, so both sides have significant incentives to develop a product quickly.
While I haven't studied incubators as in-depth as seed accelerators, the different incentive structure is what I would worry about. Accelerators seem to match incentives better between founders and the program.
I agree that there is still a lot of scope for building more accelerators. They just need to be focused on the specific resources available to the program, and not another YC-clone general-web-application accelerator. Any new accelerator program should aim to be the absolute best in the niche they choose.