The new incubators differ from those of the early dot com bubble in the following ways:
 
Old Incubators
- Clustered together in a single building
- Websites launched after $2m in development
- Incubator owns up to 100% of it’s companies

New Incubators
- Engineers work on ideas remotely from anywhere in the world
- Websites launch on as litte as $50k
- Engineers still own 50% of the sites they create
 
Some Incubators
- Y Combinator, Founded March 05, Funding: $500k/year
- Curious Office Partners, Founded July 05, Funding: $2m
- TechStars, Founded Oct 06, Funding: $5m
- HitForge, Founded May 07, Funding: $5-$10m
 
Source: Business 2.0 May Issue

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