Hacker News new | ask | show | jobs
by nl 2915 days ago
I was around then.

The pre-YC incubators operated on a completely different model. They typically had shared services, centralized control, and were rarely filled with entrepreneurs doing their own thing.

"Accelerator" was a term that YC used to distinguish themselves from that model, and whether or not they were the first to use the term what they did was truly different.

1 comments

How would you characterize IdeaLab? As a startup studio? They were definitely more top down.
Yeah exactly.