Historical Perspective: At Least This Time Around We Don’t Have Incubators For Incubators
Posted by admin on May 7, 2009 in Digital Media News |
Silicon Valley and the Internet community in general gets a lot of criticism and jeering over some of the absurd ideas that turn into venture funded startups. People make fun of the business plans (or lack of business in the plans), the vowel-free company names and the wide variety of copycats that pop up any time a service gets even a smidgen of traction. But memory fades fast, it seems. Because no matter how silly some of today's startups are, they're nothing compared to the laugh-out-loud nonsense that was treated seriously less than a decade ago. I'm not just talking about three massively funded pet food delivery services. Nor am I talking about blowing a billion dollars on home grocery delivery. No, I'm talking about possibly the most absurd idea to come out of the bubble years: Incubators for incubators.