In The New York Times Magazine: Quirky.com

In The New York Times Magazine: Quirky.com.

Quirky.com lets inventors put out an idea. The “drawing board” is crowd sourced. Anyone can comment on ideas. For $99 you can submit an idea which is then honed through iterations. When the production deals are worked out with manufacturers and suppliers, the idea goes “public” and it must receive enough “pre-orders” to be put into production.

Quirky puts 30% into the community. The rest goes to the originator, except for a “sliver” of the pie that goes to influencers. You can get a cut of the pie by building up sales of a product, too.

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