Crowdfunding has made a splash in many areas within the tech world, and companies like Kickstarter have helped successfully fund a number of memorable consumer products. However, most crowdfunding platforms exist to help facilitate funding, whereas Quirky’s approach to actual involvement in product development remains in the minority. And its great to see that, according to the company, it doled out more than $600K in royalties to its community members. Quirky expects that to grow quickly in the coming year, so it’s good to see that it’s already started to bring inventors that much-coveted ROI.
SOURCE LINK to full article:http://techcrunch.com/2012/09/06/quirky-lands-68m-from-andreessen-kleiner-to-build-an-online-community-for-inventors/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29&utm_content=crowdfunding&utm_term=crowdfunding