
A Tech Incubator for Today
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Dan Criswell
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A Tech Incubator for Today
When the internet became mainstream, it was a revolutionary time. No one alive had experienced anything like it before. Business and innovation seemed to move at the speed of imagination. Much has happened in the past 30 years, but all of it is merely a prologue. The real breakthroughs are happening now and will continue in the near future.
Today, we see nearly ten "internet-sized" technologies advancing in parallel, reaching new heights year after year. Each is remarkable on its own, but what happens when these technologies intersect is almost impossible to predict. It's difficult to foresee which companies or industries will dominate even a decade from now, let alone further into the future.
There has never been a more thrilling time to be a tech entrepreneur than today.
Now is the time to be bold. Entrepreneurs willing to tackle the biggest problems and boldest challenges will go the farthest. The tools available today were unimaginable just a few years ago, creating unprecedented opportunities for innovation. This is the age of boundless potential.
When Y Combinator launched, Silicon Valley was the ideal location. When TechStars emerged, it made sense to establish it in multiple cities across the United States. But today, neither model would suffice. A tech incubator launched in this era must be instantly and inherently global.
This shift doesn’t negate the importance of geography. Meeting in person still holds unique value, and perhaps always will. However, the global model embraces all geographies. It doesn’t diminish the importance of talent but rather recognizes that talent is everywhere. It doesn’t undermine the value of capital but highlights how capital is rapidly forming worldwide. Those who fail to adapt will be left behind.