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Next Internet: a new, local Net incubator

"Next Internet creates, builds and operates Internet businesses. Most of our companies are based on ideas we generate internally, although from time to time we consider ideas brought to us by other entrepreneurs or acquire interests in existing Internet companies."

So says this web site we stumbled across last night. The Silicon Valley company says it's in stealth, but plans "to build 15 Internet companies in the next 36 months.''

"Next Internet will work with entrepreneurs, side by side, to locally optimize the current opportunity - your work, your blood, your sweat."

The "well-funded'' company says it is incubating "a next generation Internet Ad Network'' and is hiring execs.


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From: Business Logs
Next Internet Steals Flock's Website Design
Excerpt: My Bloglines feeds just blew up this evening with the finding of a new Valley dotcom incubator that plans to start 15 internet companies in the next 3 years. That company is called Next Internet, and I'd probably be more...
Tracked: March 8, 2006 7:14 PM
From: SiliconBeat
The Next Internet story
Excerpt: We managed to hook up with Next Internet co-founder Scott Rewick yesterday after we blogged about his intriguing new start-up incubator. Turns out that Rewick and his partner Ken Chan are longtime entrepreneurs who'd become disillusioned with the ventu...
Tracked: March 10, 2006 2:05 PM
From: Mike Rundle
Mike Rundle
Excerpt: Right now many people see 9rules as a blog network, however we never really saw I talk with my guys at 9rules a lot about the big picture. 17, 2006 b...
Tracked: July 29, 2006 8:13 PM

Comments

Absolutely great business idea. Never seen before. I'll do the same and send my B-plan to some Investors, heehee... :-)) it's so killingly funny. Regards from good old Germany.

Enrico on March 8, 2006 11:09 AM
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i believe a former netblue exec is behind this.

eric chung on March 8, 2006 1:39 PM
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Doesn't this signify the beginning of the end? Again...

Jordan on March 8, 2006 2:40 PM
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You should look into this, Michael. If you have ever met the man behind this, Ken Chan I believe, you would know it is worth the time. Definitely has the aura of Bill Gross and some very real world experience growing these niche businesses successfully.

DL on March 8, 2006 3:39 PM
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Job openings-- two technical, six non-technical? *Bubble* cough *bubble* woooo...

Jeff on March 8, 2006 6:51 PM
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Damn these guys are lame. They stole Flock's entire user interface AND code:

http://businesslogs.com/reputation/next_internet_steals_flocks_website_design.php

Super lame.

Mike Rundle on March 8, 2006 7:16 PM
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I wouldn't be so quick to dismiss the concept. An incubator is the perfect home for many of these web-based "2.0", Ajaxian services which may have some decent value but don't make sense as standalone companies.

Jeff, I think the point is that the incubator provides all the non-technical support and overhead.

pwb on March 8, 2006 8:42 PM
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Who needs the VC's to make all the money when entrepreneurs do all of the work? I think their model makes sense.

Daniel Puder on March 8, 2006 9:19 PM
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They're not really a VC/incubator. They "own" the companies and everyone who works there are simply employees sharing in a small stock option pool.

SR on June 14, 2006 11:29 AM
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