Incubators have a checkered history in the device industry. It is not uncommon for a serial entrepreneur, coming off one or two successful exits, to create an organization that attempts to capture his or her formula for launching new device companies. (Actually, the word incubator has become passé so the first thing the entrepreneur typically does is come up with a creative synonym for incubator—accelerator is a recent favorite.) Unfortunately, the process of company creation has proven generally to be difficult to package and pass along to future start-ups with any reliable degree of success, resulting in a mixed record for device incubators.
One such organization, however, appears to be building an enviable track record while flying under the radar of many industry...
