Incubators, Incubators, every where - Is there an incubator bubble?
startupnorth.ca
startupnorth.ca
Bubbles aren't just "lots of people are trying the same thing" or "lots of people are trying to copy a new idea" or "people discover a new market", you know. The value of the term "bubble" has been frittered away to nearly nothing by people rushing to slap the label on everything showing the slightest bit of growth. Sure, a lot of these guys will end up failing or acquiring each other, but that's not a bubble, that's just how the rush into a new market always works.
So while flippant, the goal was to point out the disparity in the perceived value generated by incubators and the investment to build them. And wholeheartedly it was flippant and designed to garner attention, but not out of context. Sorry.
And on the issue of the bubble it's the natural flow of the market, based on supply, demand and competition. There are so many flavors of pop, do we have a "pop" bubble?
Should be retitled, "Do you need an incubator?" or "On selecting an incubator"
Long term, I don't think that this will look like the college market since it will be much easier to measure the quality of an incubator's outputs than of a college's outputs and we'll see the lower quality ones fade away.
I don't think Y Combinator can be replicated. PG's experience and his contribution to this community is unparalleled. I'm NOT against other incubators coming up - but just saying its highly unlikely they'll achieve the level of success Y Combinator has.