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The Progress Bar » idealab http://theprogressbar.com Connecting the threads between emerging technology, media, identity, progress and bars Tue, 12 Jan 2010 15:49:11 +0000 en hourly 1 http://wordpress.org/?v=3.0 HitForge, a new twist on incubators http://theprogressbar.com/2007/04/26/hitforge_a_new_twist_on_incubators/ http://theprogressbar.com/2007/04/26/hitforge_a_new_twist_on_incubators/#comments Thu, 26 Apr 2007 14:33:03 +0000 relaxedguy http://theprogressbar.com/archives/2007/04/hitforge_a_new_twist_on_incubators/

Naval Ravikant, who in his past life co-founded Epinions and Vast, has started HitForge, a San Francisco-based outfit that is a unique twist on the incubator model. Via GigaOM.

HitForge closely follows the record company model, which I discussed with various people at a great party at a co-working type space in Cambridge last Friday. The idea is to develop several concurrent $50k projects, with the most promising get additional resources and support. IdeaLab was successful with this model back in the day, when startup costs were still far higher than they are today.

As for space and proximity to resources, the Cambridge Innovation Center looks like a nice space, as well as various co-working initiatives. Me, I  want to get out of my home offfice. After five years I’m ready for a change and would welcome the opportunity to get involved with entrepreneurs in an incubator-style workspace.

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