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April 9, 2009 / Danny Robinson

Bitly’s $2M validates Betaworks model

Another Bootup Labs like model that we’re watching closely is Betaworks out of New York.   Bit.ly’s $2M on $7M financing continues to prove that Bootup Labs, YCombinator, TechStars, and LaunchBox, have now become the new standard for accelerating web startups.t

We’ve always struggled to find a name for what we do.  What we do know is that “incubator” is not the right term. “Accelerator” — maybe.  Lance suggested “Startup Factory.” I kinda like that one.  I’ll try it out for a while and see how it takes.  What do you guys think?

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One Comment

  1. Rode Mini BoomPole / May 27 2011 8:19 am

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