Though Silicon Valley continues to point to its big portfolios and the industry's high valuations, a look at how incubator start-ups are doing shows what's really happening in the tech world. Today The Wall Street Journal's Jessica E. Vascellaro informs us that there's an incubator glut -- too many small start-ups, not enough innovation -- that has some tech investors worried. "The proliferation of start-up 'boot camps' is creating problems for the tech industry, such as a glut of similar companies and too much competition for talent," she writes. So, investors like Pay Pal co-founder, Max Levchin, are taking their money elsewhere, he told Vascellaro. But it's not just Levchin's support that's fleeing. A deeper look at this incubator glut shows that not only are these talent hives squashing innovation but they aren't exactly attracting money.
To read the full, original article click on this link: Silicon Valley's Incubator Glut Is Real - Technology - The Atlantic Wire
