I was hanging out with Tom Rodgers of Cambia Health the other day and we were discussing the seemingly unrelenting trend of the formation of new technology incubators and accelerators, designed to help catapult the weird and wonderful ideas of entrepreneurs into actionable companies. The idea is to take these entrepreneurs and the light bulbs that have formed over their heads, put them together with each other (often in a physical location with loft-like qualities), wrap them in a burrito of high quality resources and experienced mentors and cook for about three months until what comes out is one big yummy pile of companies ripe for gobbling up by venture capitalists.
This trend has been longer lived in pure technology and medical technology fields (YCombinator,Tech Stars,The Foundry) and more recently has come to the world of healthcare IT in a pretty big way with the formation of Rock Health, Blueprint Health, HealthBox, Janssen Labs, Start-Up Healthand several others founded and in process. One can only imagine that, somewhere near MIT, there is an incubator for incubators in the works. I have, my own self, been approached by three, count them three, newly forming incubators in the healthcare area over the past few months. When they ask for my advice I find myself saying, “Are you sure you want to do this? Does the world really need another one?”
To read the full, original article click on this link: If accelerators are taking to the high seas, has the idea has jumped the shark? | MedCity News
