Could the Nation's Best Start Up Incubators Replace MBAs?

If you have an idea for a new technology company, more firms are offering start up money in exchange for a slice of ownership. Given their success, some say they may replace MBAs. 

What's the Latest Development?


If you have an idea for a new technology company, there are an increasing number of firms willing to trade you some start up cash for a slice of ownership, plus give you access to great business minds along the way. Actually, even if you do not have an idea for a new business, the start up incubator Y Combinator is still willing to give you a chance. The nation's oldest incubator, which runs entrepreneur camps full of tech mentors and the possibility of seed money, has also been named the best by Forbes. Looking at the average profit made by businesses which different incubators have funded, the honor of being second-best went to TechStars, which runs camps in five different cities. 

What's the Big Idea?

Eight other start up incubators were considered notable for their success, including DreamIt Ventures and AngelPad, each offering a slightly different mix of money and mentors to help young tech companies get their sea legs. Given the brevity, cost effectiveness and mentoring provided by the entrepreneur camps, some are wondering if they aren't better bets than MBAs for those looking to jump right into running their own company. Not only are incubators appearing in more cities across the country but they are looking to innovate in specific verticals, such as education. 

Photo credit: Shutterstock.com


LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

Getty Images
Sponsored
Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

Keep reading Show less

Dead – yes, dead – tardigrade found beneath Antarctica

A completely unexpected discovery beneath the ice.

(Goldstein Lab/Wkikpedia/Tigerspaws/Big Think)
Surprising Science
  • Scientists find remains of a tardigrade and crustaceans in a deep, frozen Antarctic lake.
  • The creatures' origin is unknown, and further study is ongoing.
  • Biology speaks up about Antarctica's history.
Keep reading Show less

A world map of Virgin Mary apparitions

She met mere mortals with and without the Vatican's approval.

Strange Maps
  • For centuries, the Virgin Mary has appeared to the faithful, requesting devotion and promising comfort.
  • These maps show the geography of Marian apparitions – the handful approved by the Vatican, and many others.
  • Historically, Europe is where most apparitions have been reported, but the U.S. is pretty fertile ground too.
Keep reading Show less

Why are women more religious than men? Because men are more willing to take risks.

It's one factor that can help explain the religiosity gap.

Photo credit: Alina Strong on Unsplash
Culture & Religion
  • Sociologists have long observed a gap between the religiosity of men and women.
  • A recent study used data from several national surveys to compare religiosity, risk-taking preferences and demographic information among more than 20,000 American adolescents.
  • The results suggest that risk-taking preferences might partly explain the gender differences in religiosity.
Keep reading Show less