Why companies must incubate
As part of our ongoing series examining the ecosystem necessary to bring technology to market, we asked Jason Flick, Co-founder and President of You i Labs and President and CEO of Flick Software, to share some of his insights. This is the third of his commentaries and we welcome your feedback.
By Jason Flick
Over the past couple of years, incubators inspired by organizations such as Y Combinator and TechStars (see TechStars harnesses the power of mentorship) have taken the limelight and become hotbeds for angel investment and innovation. Montreal alone has seen at least six new incubators created so far in 2011. It is being done and it makes sense. In contrast, large enterprises often invest thousands of times more in R&D than the typical web or mobile startup needs to get to market, with questionable results.
