{"id":4336,"date":"2016-04-07T14:29:22","date_gmt":"2016-04-07T22:29:22","guid":{"rendered":"http:\/\/thenetwork.berkeleylawblogs.org\/?p=4336"},"modified":"2016-04-07T14:29:22","modified_gmt":"2016-04-07T22:29:22","slug":"the-future-is-small-one-silicon-valley-incubator-shoots-for-quality-over-quantity-2","status":"publish","type":"post","link":"https:\/\/sites.law.berkeley.edu\/thenetwork\/2016\/04\/07\/the-future-is-small-one-silicon-valley-incubator-shoots-for-quality-over-quantity-2\/","title":{"rendered":"The Future Is Small: One Silicon Valley Incubator Shoots for Quality over Quantity"},"content":{"rendered":"<p>In the wake of fresh reports of <a href=\"http:\/\/www.wsj.com\/articles\/funds-flow-to-venture-firms-1459295426\">mixed economic signals<\/a>, some Silicon Valley heavyweights are now placing large bets on a &#8220;small&#8221; plan. Last week, Expa &#8211; the &#8220;start-up studio&#8221; that was launched in 2013 by Uber co-founder Garrett Camp &#8211; <a href=\"http:\/\/techcrunch.com\/2016\/03\/30\/expa-opens-up-expa-labs-giving-companies-500k-in-funding\/\">announced the close<\/a> of a $100 million fund to support a different sort of incubator. Dubbed &#8220;Expa Labs,&#8221; this new project will offer a high-touch, hands-on approach to growth and development.<\/p>\n<p><!--more--><\/p>\n<p>Based from its offices in both New York and San Francisco, Expa Labs will offer <a href=\"http:\/\/expa.com\/labs\/\">six-month engagements<\/a> to only a handful of start-ups at any given time. But the attention and the resources Expa Labs will provide should prove significant. In addition to <a href=\"http:\/\/expa.com\/labs\/about\/\">dedicated guidance and mentorship<\/a> from Expa&#8217;s five partners, each start-up will receive $500,000 in funding, as well as shared office space.<\/p>\n<p>The decision to &#8220;go small&#8221; draws a <a href=\"http:\/\/www.nytimes.com\/2015\/10\/16\/technology\/y-combinator-will-fund-later-stage-companies.html\">sharp contrast<\/a> with Y Combinator, Silicon Valley&#8217;s most visible start-up incubator, as well as other, more conventional start-up funds. Expa Labs will debut amid <a href=\"http:\/\/www.wsj.com\/articles\/tech-startups-face-fresh-pressure-on-valuations-1451817991\">ongoing controversy<\/a> over seemingly excessive private valuations of early-stage companies, as well as a sharp pullback in recent venture transactions, despite otherwise-robust fundraising figures.<\/p>\n<p>Several start-ups backed by Expa&#8217;s parent entity have met with early promise. Operator, an application that markets itself as a &#8220;shopping concierge,&#8221; received <a href=\"http:\/\/techcrunch.com\/2015\/04\/22\/the-request-network\/\">positive attention<\/a>\u00a0last year from the popular technology outlet\u00a0<em>TechCrunch<\/em>. And another Expa-backed &#8220;concierge&#8221; application &#8211; this one a restaurant-reservation engine called Reserve &#8211; has likewise demonstrated <a href=\"http:\/\/venturebeat.com\/2016\/04\/01\/opentable-challenger-reserve-acquires-restaurant-payment-app-dash\/\">modest growth<\/a> in an otherwise-competitive space.<\/p>\n<p><a href=\"http:\/\/sites.law.berkeley.edu\/thenetwork\/wp-content\/uploads\/sites\/2\/2016\/04\/The-Future-Is-Small-One-Silicon-Valley-Incubator-Shoots-for-Quality-over-Quantity_Salvucci.pdf\" rel=\"\">The Future Is Small- One Silicon Valley Incubator Shoots for Quality over Quantity<\/a>\u00a0(PDF)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the wake of fresh reports of mixed economic signals, some Silicon Valley heavyweights are now placing large bets on a &#8220;small&#8221; plan. Last week, Expa &#8211; the &#8220;start-up studio&#8221; that was launched in 2013 by Uber co-founder Garrett Camp &#8211; announced the close of a $100 million fund to support a different sort of [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[212,219],"tags":[],"class_list":["post-4336","post","type-post","status-publish","format-standard","hentry","category-sillicon-valley","category-startups"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-10-31 01:48:38","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category"},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/sites.law.berkeley.edu\/thenetwork\/wp-json\/wp\/v2\/posts\/4336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.law.berkeley.edu\/thenetwork\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.law.berkeley.edu\/thenetwork\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.law.berkeley.edu\/thenetwork\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.law.berkeley.edu\/thenetwork\/wp-json\/wp\/v2\/comments?post=4336"}],"version-history":[{"count":0,"href":"https:\/\/sites.law.berkeley.edu\/thenetwork\/wp-json\/wp\/v2\/posts\/4336\/revisions"}],"wp:attachment":[{"href":"https:\/\/sites.law.berkeley.edu\/thenetwork\/wp-json\/wp\/v2\/media?parent=4336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.law.berkeley.edu\/thenetwork\/wp-json\/wp\/v2\/categories?post=4336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.law.berkeley.edu\/thenetwork\/wp-json\/wp\/v2\/tags?post=4336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}