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Paul Graham on Start-ups, Innovation, and Creativity

EconTalk

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The Importance of Having an Incubator

This is the incubator kind of... That's the word people like to apply. Well, it has a certain there's an embryo, fetus, whatever it's going to grow. The reason the word incubator doesn't apply is because what it always used to mean back in the bubble was that all the startups work on your premises. So we don't do that. It's good for the startup to be off on their own. They can find space. At the end of three months, the dinner stops. But nothing else stops. I have regular office hours. I meet with startups. And like, I'm still having office hours of startups we funded two, three years ago.

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