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Max Levchin

Entrepreneur Max Levchin thinks there are too many incubators focusing on too many companies with small ideas.

That's according to a Wall Street Journal report this morning.

Levchin, who left Google earlier this year after the company shut down his Slide division, is working on something big and ambitious (he won't say exactly what). He worries that incubators like Y Combinator and TechStars are biased toward selling early and therefore wouldn't encourage those kinds of big bets.

"I actively plan to increase risk," he said, while incubators are encouraged to decrease risk.

To read the full, original article click on this link: Max Levchin: There Are Too Many Incubators