The Problems With Incubators, and How to Solve Them
Harvard Business Review
AUGUST 26, 2013
Inexperienced friends and family (and, increasingly, crowdsourced investors) lack the ability to gauge the viability of a business, or to mentor naïve entrepreneurs. This knowledge gap, I have come to believe, is best filled by savvy incubators. However, there are over 7,500 business incubators around the world. The first business incubator in the U.S. opened in 1959 and is still operating. It has fueled a bit of an incubator bubble, I must admit.