Fortune set out to discover why incubators aren’t the model for creating the next wave of great companies. Incubators claim that they provide an atmosphere that encourages growth, but what happens if a company falls behind? Equity is the price of admission, as is potential loss of control and maybe your job. Incubators can confer instant credibility on startups–but which ones, and for how long? Entrepreneurs get access to highly touted Internet “geniuses” who offer strategic advice, but is the counsel really building long-term winners? Incubators deliver a built-in network of willing business partners, but who really benefits? And do incubated firms ever stand on their own–or only when it’s expedient for the incubator? Measure the hype against the reality.
Authors: Maggie Overfelt, Peter Carbonara
Source: FORTUNE
Subject: Entrepreneurship
Click to Add the First »