Like a traditional incubator, Simula Labs provides its portfolio companies with operational, infrastructure and financing support.

FORBES: Growing The Instant Company

He recently sold the company to IBM and, quickly thereafter, setup an incubator, called Simula Labs , for open source projects.

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That's the case with LogicBlaze , a portfolio company of Simula Labs.

FORBES: Growing The Instant Company

Basically, Simula Labs creates a three-way partnership between itself, entrepreneurs and VCs that allows for a more equitable distribution of risk and reward.

FORBES: Growing The Instant Company

He recently sold the company to IBM (nyse: IBM - news - people ) and, quickly thereafter, setup an incubator, called Simula Labs , for open source projects.

FORBES: Growing The Instant Company