There has been an explosion of incubators in the last few years. Most of them suck. Some suck so bad that the net value created by the program is probably negative.
Great rant from both Andrew and Om – and one I, in principal, agree with. But I think you also have to see the flipside – even if these incubators don’t deliver a lot of value, they still get people to become entrepreneurs, try it out, give it a shot and hopefully stick with it. Which is good.
Read my comment on Om’s blog here and join the discussion.