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	<title>Comments on: HitForge, a new twist on incubators</title>
	<atom:link href="http://gigaom.com/2007/04/25/hitforge/feed/" rel="self" type="application/rss+xml" />
	<link>http://gigaom.com/2007/04/25/hitforge/</link>
	<description>Tracking the Internet Evolution</description>
	<pubDate>Wed, 09 Jul 2008 09:39:19 +0000</pubDate>
	<generator>http://wordpress.org/?v=MU</generator>
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		<title>By: Shanti Braford; On Web Apps</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98734</link>
		<dc:creator>Shanti Braford; On Web Apps</dc:creator>
		<pubDate>Sat, 28 Apr 2007 13:10:51 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98734</guid>
		<description>&lt;p&gt;Jerry - point taken.  I will gladly take advice from someone who's been there and done that.  Do you blog or have any URLs outlining your successful projects?&lt;/p&gt;

&lt;p&gt;Jay - From reading your blog, we're probably on the same wavelength on many points.&lt;/p&gt;

&lt;p&gt;My feeling is, one shouldn't take advice from people who haven't done it yet.&lt;/p&gt;

&lt;p&gt;You wouldn't want a doctor performing surgery on you if it was his first go around, or if he had tried this surgery 3 times before and failed / "broke even" on his previous attempts, now would you? =)&lt;/p&gt;

&lt;p&gt;Mod +1 "Founders at Work" too.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Jerry - point taken.  I will gladly take advice from someone who&#8217;s been there and done that.  Do you blog or have any URLs outlining your successful projects?</p>
<p>Jay - From reading your blog, we&#8217;re probably on the same wavelength on many points.</p>
<p>My feeling is, one shouldn&#8217;t take advice from people who haven&#8217;t done it yet.</p>
<p>You wouldn&#8217;t want a doctor performing surgery on you if it was his first go around, or if he had tried this surgery 3 times before and failed / &#8220;broke even&#8221; on his previous attempts, now would you? =)</p>
<p>Mod +1 &#8220;Founders at Work&#8221; too.</p>
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		<title>By: Ravi</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98733</link>
		<dc:creator>Ravi</dc:creator>
		<pubDate>Fri, 27 Apr 2007 14:32:11 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98733</guid>
		<description>&lt;p&gt;One word answer: 'Less probable' that 'incubation with a twist' might work, because passionate tech entreprenuers are looking for things beyond incubation given the fact that the resources (primarily) provided by the incubators are easily gettable these days. They would want to do things that they are good at and they need strong support in areas that they are not good at.&lt;/p&gt;

&lt;p&gt;Secondly, I feel the success factor for "incubators with a twist" could be a little shift in focus from 'resource provider' to 'accountability/responsibility sharing' in making the product/idea a success.&lt;/p&gt;

&lt;p&gt;Do all what it takes to market/sell/develop the product well and make it a success rather than giving resources to the entreprenuer and making him responsible for the success or failure.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>One word answer: &#8216;Less probable&#8217; that &#8216;incubation with a twist&#8217; might work, because passionate tech entreprenuers are looking for things beyond incubation given the fact that the resources (primarily) provided by the incubators are easily gettable these days. They would want to do things that they are good at and they need strong support in areas that they are not good at.</p>
<p>Secondly, I feel the success factor for &#8220;incubators with a twist&#8221; could be a little shift in focus from &#8216;resource provider&#8217; to &#8216;accountability/responsibility sharing&#8217; in making the product/idea a success.</p>
<p>Do all what it takes to market/sell/develop the product well and make it a success rather than giving resources to the entreprenuer and making him responsible for the success or failure.</p>
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		<title>By: Nilesh Trivedi</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98732</link>
		<dc:creator>Nilesh Trivedi</dc:creator>
		<pubDate>Fri, 27 Apr 2007 06:21:44 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98732</guid>
		<description>&lt;p&gt;Something like this would be great for India. Although I don't agree with one getting benefits if his own idea failed in the market. Let meritocracy prevail.&lt;/p&gt;

&lt;p&gt;cheers
nilesh&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Something like this would be great for India. Although I don&#8217;t agree with one getting benefits if his own idea failed in the market. Let meritocracy prevail.</p>
<p>cheers<br />
nilesh</p>
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		<title>By: Jay (living in First Life)</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98711</link>
		<dc:creator>Jay (living in First Life)</dc:creator>
		<pubDate>Fri, 27 Apr 2007 03:37:11 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98711</guid>
		<description>&lt;p&gt;schmo and co - I have started a new blog to counter the madness over at TechCrunch and GigaOm - please comment: http://livinginfirstlife.wordpress.com/&lt;/p&gt;

&lt;p&gt;Shanti - I don't want to keep copying my TechCrunch posts on here, but read my post on why I think Y-Combinator should be renamed Y-Bombinator&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>schmo and co - I have started a new blog to counter the madness over at TechCrunch and GigaOm - please comment: <a href="http://livinginfirstlife.wordpress.com/" rel="nofollow">http://livinginfirstlife.wordpress.com/</a></p>
<p>Shanti - I don&#8217;t want to keep copying my TechCrunch posts on here, but read my post on why I think Y-Combinator should be renamed Y-Bombinator</p>
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		<title>By: Angie Chang</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98708</link>
		<dc:creator>Angie Chang</dc:creator>
		<pubDate>Fri, 27 Apr 2007 01:54:09 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98708</guid>
		<description>&lt;p&gt;I agree with Henri :o)&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I agree with Henri :o)</p>
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		<title>By: Jerry Auerbacher</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98699</link>
		<dc:creator>Jerry Auerbacher</dc:creator>
		<pubDate>Fri, 27 Apr 2007 00:53:07 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98699</guid>
		<description>&lt;p&gt;Yes, Shanti, I am.&lt;/p&gt;

&lt;p&gt;If you have a good idea, the moxy to make it happen and just a little luck then you don't need any direction from me.&lt;/p&gt;

&lt;p&gt;Good luck to you, Obvious and everyone involved in the combination of Combinators.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Yes, Shanti, I am.</p>
<p>If you have a good idea, the moxy to make it happen and just a little luck then you don&#8217;t need any direction from me.</p>
<p>Good luck to you, Obvious and everyone involved in the combination of Combinators.</p>
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		<title>By: Shanti Braford; On Web Apps</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98702</link>
		<dc:creator>Shanti Braford; On Web Apps</dc:creator>
		<pubDate>Fri, 27 Apr 2007 00:45:59 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98702</guid>
		<description>&lt;p&gt;Jay (living in First Life), Jerry -&lt;/p&gt;

&lt;p&gt;You guys are obviously millionaires then from hitting it big on your own successful startup or venture, right?&lt;/p&gt;

&lt;p&gt;Please direct us, oh masterminds, to the proper place we should learn how to properly build a startup.&lt;/p&gt;

&lt;p&gt;ps. re: the post... who knows?  Obvious Corp seems to be doing pretty well for themselves.  YCombinator also has an impressive record, even though they are nothing like an incubator at all, simply angel investing on a micro scale.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Jay (living in First Life), Jerry -</p>
<p>You guys are obviously millionaires then from hitting it big on your own successful startup or venture, right?</p>
<p>Please direct us, oh masterminds, to the proper place we should learn how to properly build a startup.</p>
<p>ps. re: the post&#8230; who knows?  Obvious Corp seems to be doing pretty well for themselves.  YCombinator also has an impressive record, even though they are nothing like an incubator at all, simply angel investing on a micro scale.</p>
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		<title>By: schmo</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98705</link>
		<dc:creator>schmo</dc:creator>
		<pubDate>Thu, 26 Apr 2007 19:08:16 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98705</guid>
		<description>&lt;p&gt;@jay - do you have a blog? would luv to read your take on tech news each day...&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>@jay - do you have a blog? would luv to read your take on tech news each day&#8230;</p>
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		<title>By: Soum Paul</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98696</link>
		<dc:creator>Soum Paul</dc:creator>
		<pubDate>Thu, 26 Apr 2007 17:20:03 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98696</guid>
		<description>&lt;p&gt;There is another trend that's starting to emerge - in the last three weeks, I have met at least three different entrepreneurs (and heard of a few more) who have come down from the valley with funding to India, and are creating their prototype here. There are small and large companies which are starting to offer teams to help prototype a first demo-able version of one's idea (with an hourly rate model).&lt;/p&gt;

&lt;p&gt;And from India side, the entrepreneurs here are hungry for collaboration and access to capital. And the market itself is ripe for testing a first version. I wonder if we will see more such startups emerge...&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>There is another trend that&#8217;s starting to emerge - in the last three weeks, I have met at least three different entrepreneurs (and heard of a few more) who have come down from the valley with funding to India, and are creating their prototype here. There are small and large companies which are starting to offer teams to help prototype a first demo-able version of one&#8217;s idea (with an hourly rate model).</p>
<p>And from India side, the entrepreneurs here are hungry for collaboration and access to capital. And the market itself is ripe for testing a first version. I wonder if we will see more such startups emerge&#8230;</p>
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		<title>By: Jay (living in First Life)</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98693</link>
		<dc:creator>Jay (living in First Life)</dc:creator>
		<pubDate>Thu, 26 Apr 2007 14:46:22 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98693</guid>
		<description>&lt;p&gt;Jerry and Jason - thank you for the kind words.  I'm by no means an expert but I am an internet entrepreneur running a real business that generates revenue through paying customers.&lt;/p&gt;

&lt;p&gt;What concerns me more than anything about most Web 2.0 companies is the focus on "free".  It is very difficult to have a large enough userbase to make a pure advertising play work.  What ends up happening is that potentially profitable niche internet services are not developed and everyone goes for the "TechCrunch/GigaOm" readership as their market since they can get quick adoption.  Well think again, we're also very fickle.  We check out a site and forget about it.  If it doesn't give us immediate value, we won't be coming back.  Chances are that if it's completely free, it's not that great either.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Jerry and Jason - thank you for the kind words.  I&#8217;m by no means an expert but I am an internet entrepreneur running a real business that generates revenue through paying customers.</p>
<p>What concerns me more than anything about most Web 2.0 companies is the focus on &#8220;free&#8221;.  It is very difficult to have a large enough userbase to make a pure advertising play work.  What ends up happening is that potentially profitable niche internet services are not developed and everyone goes for the &#8220;TechCrunch/GigaOm&#8221; readership as their market since they can get quick adoption.  Well think again, we&#8217;re also very fickle.  We check out a site and forget about it.  If it doesn&#8217;t give us immediate value, we won&#8217;t be coming back.  Chances are that if it&#8217;s completely free, it&#8217;s not that great either.</p>
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		<title>By: Jason</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98690</link>
		<dc:creator>Jason</dc:creator>
		<pubDate>Thu, 26 Apr 2007 14:02:07 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98690</guid>
		<description>&lt;p&gt;Jay&lt;/p&gt;

&lt;p&gt;Love the comments. In perfect agreement with you. The tech blog space is in dire need of a skeptical/realistic voice. I'd gladly sing the praises of Arrington or Malik (more so that I do already - one cannot reject their solid contributions outright) if I felt that they would demonstrate a little more discrimination and even a touch of skepticism in their reviews.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Jay</p>
<p>Love the comments. In perfect agreement with you. The tech blog space is in dire need of a skeptical/realistic voice. I&#8217;d gladly sing the praises of Arrington or Malik (more so that I do already - one cannot reject their solid contributions outright) if I felt that they would demonstrate a little more discrimination and even a touch of skepticism in their reviews.</p>
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		<title>By: Henri Duong</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98687</link>
		<dc:creator>Henri Duong</dc:creator>
		<pubDate>Thu, 26 Apr 2007 11:13:58 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98687</guid>
		<description>&lt;p&gt;So here is the dilemma...there are a lot of young talented coders but not a lot of young talented entrepreneurs.&lt;/p&gt;

&lt;p&gt;If you are an entrepreneur you know the keys to starting a business and any business for that matter.&lt;/p&gt;

&lt;p&gt;What would be nice is see an incubator that matches MBA business entrepreneurs with talented coders.  Match them up and help them with a few thousand dollars to start things up and guide them when it makes sense.&lt;/p&gt;

&lt;p&gt;Allow them to be unique and show them the importance of when to share ideas and when to hold it back and close to the vest until it is time to share.&lt;/p&gt;

&lt;p&gt;Maybe i should start in incubator...lol&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>So here is the dilemma&#8230;there are a lot of young talented coders but not a lot of young talented entrepreneurs.</p>
<p>If you are an entrepreneur you know the keys to starting a business and any business for that matter.</p>
<p>What would be nice is see an incubator that matches MBA business entrepreneurs with talented coders.  Match them up and help them with a few thousand dollars to start things up and guide them when it makes sense.</p>
<p>Allow them to be unique and show them the importance of when to share ideas and when to hold it back and close to the vest until it is time to share.</p>
<p>Maybe i should start in incubator&#8230;lol</p>
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		<title>By: The Pageman</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98620</link>
		<dc:creator>The Pageman</dc:creator>
		<pubDate>Thu, 26 Apr 2007 10:45:59 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98620</guid>
		<description>&lt;p&gt;I hope that they fund more Filipino engineers :)&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I hope that they fund more Filipino engineers :)</p>
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		<title>By: Emmanuel Prat</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98625</link>
		<dc:creator>Emmanuel Prat</dc:creator>
		<pubDate>Thu, 26 Apr 2007 09:38:32 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98625</guid>
		<description>&lt;p&gt;What a great idea.
I wish we had something like this in France.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>What a great idea.<br />
I wish we had something like this in France.</p>
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		<title>By: Jerry Auerbacher</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98657</link>
		<dc:creator>Jerry Auerbacher</dc:creator>
		<pubDate>Thu, 26 Apr 2007 08:08:39 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98657</guid>
		<description>&lt;p&gt;I agree with Jay 110%.&lt;/p&gt;

&lt;p&gt;No real entrepreneur with a real product goes for these types of YCombinator'ish setups.&lt;/p&gt;

&lt;p&gt;It is absolutely amazing how much hype is going on around Twitter.  It's pure hype because continued public adoption and monetization has not been proven or even shown to be a possibility.  It may be used as the basis for some future apps but that's about it.&lt;/p&gt;

&lt;p&gt;There's too much hype about worthless companies in the web 2.0 blogosphere.  Now add to that: hype about companies that incubate worthless companies that will only get more hype.&lt;/p&gt;

&lt;p&gt;I think that hype, not the wild investment capital, is the signal for the bubble.&lt;/p&gt;

&lt;p&gt;And another thing, give Jay a column.  Tech blogs needs balance.  A voice of reason if you will.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I agree with Jay 110%.</p>
<p>No real entrepreneur with a real product goes for these types of YCombinator&#8217;ish setups.</p>
<p>It is absolutely amazing how much hype is going on around Twitter.  It&#8217;s pure hype because continued public adoption and monetization has not been proven or even shown to be a possibility.  It may be used as the basis for some future apps but that&#8217;s about it.</p>
<p>There&#8217;s too much hype about worthless companies in the web 2.0 blogosphere.  Now add to that: hype about companies that incubate worthless companies that will only get more hype.</p>
<p>I think that hype, not the wild investment capital, is the signal for the bubble.</p>
<p>And another thing, give Jay a column.  Tech blogs needs balance.  A voice of reason if you will.</p>
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		<title>By: Jay (living in First Life)</title>
		<link>http://gigaom.com/2007/04/25/hitforge/#comment-98634</link>
		<dc:creator>Jay (living in First Life)</dc:creator>
		<pubDate>Thu, 26 Apr 2007 03:18:07 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.wordpress.com/2007/04/25/hitforge/#comment-98634</guid>
		<description>&lt;p&gt;Ajay - thanks.&lt;/p&gt;

&lt;p&gt;Om - I'm happy to write for your blog :)&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Ajay - thanks.</p>
<p>Om - I&#8217;m happy to write for your blog :)</p>
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