Cisco set to open new accelerator focusing on ‘world-changing’ ideasgeektime.com 5 pointsyanivf13 years ago3 commentsSaveHideCopy link On HNComments−mathattack13yOn paper this looks great. Get in on the startup game.The skeptic in me asks:- Do you lose out on network effects by limiting it to 5 at a time? (Isn't part of the benefit of ycombinator that you're part of the larger family?)- Are there any success stories of this type of in-house accelerator programs? I remember a lot of not so great outcomes in the 2001 timeframe.−byuric13yBecause every corporation these days want in house innovation and they can do it cheaply by incubating startups that they will eat once they are on something.−moranit13yCisco tries to create some buzz, as a company that most of the time you don't hear about...
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On paper this looks great. Get in on the startup game.
The skeptic in me asks:
- Do you lose out on network effects by limiting it to 5 at a time? (Isn't part of the benefit of ycombinator that you're part of the larger family?)
- Are there any success stories of this type of in-house accelerator programs? I remember a lot of not so great outcomes in the 2001 timeframe.
Because every corporation these days want in house innovation and they can do it cheaply by incubating startups that they will eat once they are on something.
Cisco tries to create some buzz, as a company that most of the time you don't hear about...