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This looks like an internal incubation organization (close to say Obvious Corp) rather than an accelerator.

They make their own products/teams/companies then spin them out as appropriate, rather than having pre made teams and products apply to a program.



It's eluding me, but isn't there an organization that does this?




There are lots of incubators which do this, Betaworks being one of the better known.


McKinsey? Up or out. Not strictly an incubator but similar net effect.

[EDIT] Elucidation


I could be wrong on exact details, but:

Playground

Idealab


Idealab! That's the one I was thinking of. Thanks. :)


Invoke Labs




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