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
Swipe right to make the connections that could change your career.
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.
A NASA astronomer explains how astronauts dispose of their, uh, dark matter.
- When nature calls in micro-gravity, astronauts must answer. Space agencies have developed suction-based toilets – with a camera built in to ensure all the waste is contained before "flushing".
- Yes, there have been floaters in space. The early days of space exploration were a learning curve!
- Amazingly, you don't need gravity to digest food. Peristalsis, the process by which your throat and intestines squeeze themselves, actually moves food and water through your digestive system without gravity at all.
The Harvard psychologist loves reading authors' rules for writing. Here are his own.
- Steven Pinker is many things: linguist, psychologist, optimist, Harvard professor, and author.
- When it comes to writing, he's a student and a teacher.
- Here's are his 13 rules for writing better, more simply, and more clearly.
A growing body of research shows promising signs that the keto diet might be able to improve mental health.
- The keto diet is known to be an effective tool for weight loss, however its effects on mental health remain largely unclear.
- Recent studies suggests that the keto diet might be an effective tool for treating depression, and clearing up so-called "brain fog," though scientists caution more research is necessary before it can be recommended as a treatment.
- Any experiments with the keto diet are best done in conjunction with a doctor, considering some people face problems when transitioning to the low-carb diet.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.