Or you could just see it as an efficient accelerator (duh).
An accelerator that speeds up the the rate of 'new business' failure.
The upside is that resources can be pooled in to a pinpointed funnel of repeatable goals. The downside is the mechanics of the model is scalable, but the quality is not.
There are competitors in every market space, to think that this wouldn't happen to 'incubators' is insane.
This is not a bubble, its business.
Not to mention that what the economy needs are good performing companies, I tend to think incubators and accelerators provide this.
An accelerator that speeds up the the rate of 'new business' failure.
The upside is that resources can be pooled in to a pinpointed funnel of repeatable goals. The downside is the mechanics of the model is scalable, but the quality is not.
There are competitors in every market space, to think that this wouldn't happen to 'incubators' is insane.
This is not a bubble, its business.
Not to mention that what the economy needs are good performing companies, I tend to think incubators and accelerators provide this.