Pros
The AI2 incubator is the best kept “secret" in Seattle. If you are an engineer or a researcher with an entrepreneurial drive, the Incubator offers you invaluable resources for building a startup. Founders and early stage companies in the incubator gain access to (1) an ecosystem of incredibly talented researchers and engineers who are ready to collaborate, (2) an extensive network of partners and prospective customers through the AI2/Vulcan connections and (3) an equally strong network of VCs/angels who have a long-running relationship with the Incubator. For somebody who is building a startup whose products are powered by AI, there is no better brand in Seattle than AI2 to associate yourself with. The leadership team consists of serial entrepreneurs who are approachable and dedicated to the success of each founder. The incubator has a reasonable equity/comp structure that is founder-centric and optimized for long term success. Moreover, the incubator can provide early-stage funding, cloud compute credits, beautiful space near Gas Works Park … and lunch three times a week.
Cons
There are two caveats to be aware of: (1) The incubator is a young institution, therefore expect things to be in flux (2) The incubator is not a startup studio; residents are expected to operate at a level of autonomy and to be self-starters