15-month-old Hatch Labs is but a baby compared to incubators like YCombinator, but CEO Dinesh Moorjani has a very different idea on what an incubator should look like. The "sandbox", as Moorjani would call it, is a joint venture between IAC and Xtreme Labs, and aims to grow mobile startups that are scalable and move beyond being minimally viable, and actually offer the user a sense of delight. How very Microsoft of them. Moorjani says what makes Hatch really different from other incubators is that it finds the middle ground between seed funding/accelerators and VC.Source: http://feedproxy.google.com/~r/Techcrunch/~3/WKlTzOtwvL4/
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