>"To see some good examples where this model has been truly successful, see every successful VC fund and accelerator (especially YC), ever"
I don't know everything about these incubators, but are you telling me that these guys and gals apply and get into the programs without an idea for a startup? That isn't how I thought it worked. I think that's how people like to think or claim it works. But I'm not sure it's the reality.
And, if I tried hard, I could probably come up with an example or two where the opposite happened: VCs banked on the talent behind a company with a not-so-good idea, and it "failed".
I don't know everything about these incubators, but are you telling me that these guys and gals apply and get into the programs without an idea for a startup? That isn't how I thought it worked. I think that's how people like to think or claim it works. But I'm not sure it's the reality.
And, if I tried hard, I could probably come up with an example or two where the opposite happened: VCs banked on the talent behind a company with a not-so-good idea, and it "failed".