The Model
Entrepreneurs need three things: space, support, and someone to believe in them.
My Approach
- Provide housing
- Take 10% equity
- Offer mentorship (that's me)
- Create community
The Results
Pied Piper came out of my incubator. That alone validates everything.
The Secret
Find hungry people with big ideas. Get out of their way. Collect equity.
Your 'incubator' was five companies living on your couch and sharing a bathroom. That's called having roommates, Erlich.
Errich Bachman, you are fat and you are poor. Also you owe me money for house.
To be fair, Pied Piper did come out of Erlich's incubator. Though I'm not sure how much credit he deserves for that.