Hoping to hatch a million little start-ups, Craig Walker -- co-founder of what is today known as Google Voice -- is launching a tech incubator. Last year, he left Google proper to serve as an
entrepreneur in residence at Google Ventures. Back then, Walker's goal was to start a new company, according to TechCrunch, adding: "Now, he tells me, he wants to start lots of them." Firespotter
Labs, as the incubator is named, has already taken an initial $3 million round of funding from Google Ventures -- enough to keep four to six companies up and running, according to Walker.
Still, "Just another incubator?" TechCrunch asks. Not at all, Walker insists. Rather, Firespotter Labs will build initial products using a permanent in house team -- rather than hiring new teams
for every new idea, like many incubators. "When and if an idea has legs, then they'll hire a team and spin off the company to get outside funding."
Read the whole story at Tech Crunch »
