Sunday, December 25, 2011

Kickstarted: How one company is revolutionizing product development

Thomas Ricker writing in The Verge:
With crowd-sourced funding now within easy reach to everyone, anybody with a dream can, for the first time in history, execute upon their million dollar ideas with relatively little risk for themselves or their backers. In fact, the Kickstarter community — a collection of individual backers, venture capitalists, manufacturers, suppliers, retail agents, and fulfillment centers all linked together by a common internet — has the potential to revolutionize product development by illuminating the path from concept to creation for millions of passionate individuals, casting off the shadow of obfuscation that prevents so many from realizing their dreams. A revolution bolstered by the like-minded services from IndieGoGo and Quirky and a burgeoning market for both 3D printing services and 3D printers suitable for home use — one of which was birthed right on the pages of Kickstarter, earning over $800,000 in pledges in the process.
More here

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