The incubator model – under which new and small businesses are nurtured with access to technology, infrastructure and people in return for shares or a periodic fee – has existed since at least the 1950s.
However, since the digital revolution, a huge number of startups have stood to profit greatly from having access to almost identical resources and technologies, as well as contact with similar mentors and training.
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In January Amazon obtained a patent for what they’re calling “anticipatory shipping”. The idea is to begin shipping consumers’ products before they’ve even ordered them, and then have them wait in nearby depots until the predestined orders come in – potentially reducing Amazon’s delivery time and allowing them to buy and advertise products more shrewdly.
Still, something doesn’t quite sit right here; having our buying habits predicted in this way all feels a little – odd.
But is it really that bad?
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HR is of vital importance for every business. All successful companies are adept at attracting and maintaining talent, instilling a productive, respectful and unified business culture, and making all employees feel connected, important, and valued. Yet for startups, this process is even more critical. Ask any startup CEO to rank their greatest challenges, and you can be sure that human resources makes the list.
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