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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

So he founded IdeaLab with his wife Marcia Goodstein (he talks in the video about working with a spouse and also working with siblings). IdeaLab has created 75 companies, leading to 8 IPOs, 35 or so acquisitions and more than 5 companies worth in excess of $1 billion. And now, of course, UberSocial, Bill’s latest project.

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upStart.LA Breakdown | Accelerators and Incubators: An Entrepreneur’s Point of View

Tech Zulu Event

Well, perhaps it’s time to consider an incubator/accelerator program: Programs like Silicon Valleys’ Y Combinator which essentially put entrepreneurs through a 3+ month startup boot camp. Rafi Gordon , founder of StyleSpot (an Idealab company), a personalized shopping engine combined with high quality editorial publications.

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What Future for Accelerators?

Both Sides of the Table

Not to mention the granddaddy of them all and arguably the first firm to properly do an accelerator – Idealab. And then of course our friends at TechStars launched an accelerator in collaboration with our friends at Disney so now there was six. With the success of Idealab in the 90’s every city was building out incubators.

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Spotlight: LA Tech | One Year, Recap, and Thank You!

Tech Zulu Event

In addition, Howard Marks unveiled Start Engine , a new LA incubator focused on helping entrepreneurs become successful in 90 days. Of course, the evening wouldn’t have been complete without our fireside chat with Mike Jones , serial entrepreneur and former CEO of MySpace. Community Sponsors.

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Spotlight: LA Tech Winter | Recap, Videos, and Thank You!

Tech Zulu Event

Their presentation ended in a quick trivia round about science, a category which (of course), the techy audience chose. To close off the evening we had an especially inspirational super demo from Idealab’s Bill Gross.

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Spotlight: LA Tech | One Year, Recap, and Thank You!

Tech Zulu Event

In addition, Howard Marks unveiled Start Engine , a new LA incubator focused on helping entrepreneurs become successful in 90 days. Of course, the evening wouldn’t have been complete without our fireside chat with Mike Jones , serial entrepreneur and former CEO of MySpace. Community Sponsors.

Idealab 49