<p>Incubators are cropping up everywhere (some of which are restructured versions of existing firms), but not all of them are created equally. Before an entrepreneur approaches an incubator, accelerator, etc. to hatch a business, they would be well advised to learn a little about all the birds, odd and otherwise, that fly under the name incubator.</p>
There are a number of ways the Bush Administration and its appointments can effect the robustness of the emerging growth sector, that element of the economy in which venture-backed, early stage companies tend to operate.
The view from this corner, based on close to 40 years in the business, is that the commercial, industrial and financial sector of the economy, known variously as "emerging growth/ venture capital/entrepreneur-driven," has never been remotely as robust as it is today. </p>
The coming storm in the early stage finance universe, in my opinion, has to do with an expected action by the SEC moving in on so-called 'finders' of private equity, including agents acting for budding entrepreneurs in the early stage space. According to the legal 'Bible' on venture capital, Loss & Seligman, Securities Regulation, individuals and companies can operate without registration as a broker/dealer under the Securities Exchange Act of 1934, if they limit their activities.
<p>How do you value a company in the concept stage, looking for the angel round, when the traditional indicia of value are far in the future... revenues, customers, cash flow and (some day) net profits?</p>