Word: chiari
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Dates: during 2000-2009
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...online. Other incubators are revising the point at which they become involved with fledgling companies. "The incubator euphoria died out pretty quickly, and many companies that began as incubators are repositioning themselves as pure VCs," says Uwe Fleischhauer, a partner in the consultancy Mackewicz & Partner in Munich. Says Paolo Chiari, investments coordinator of Italy's E@rchimede, "We started off in March 2000 as an incubator but by November decided to shift our activity toward that of an accelerator. So instead of investing in businesses which were in fact no more than an idea and a few people...