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January 14, 2008
CrowdSpirit Seeking Capital For New Gadget Design Platform

French newspaper L'Express in a profile of CrowdSpirit, an ambitious web project out of Grenoble that aims to promote and launch new consumer electronics gadgets created by its community, is the news that the startup is looking to raise capital (See Fiche d’identité at end of article).
Gizmodo calls CrowdSpirit's crowdsourcing platform "gadgets-by-committe" in a review of one of the first products to win over members of the community.
The platform, which is still in beta, was co-founded by Lionel David (interviewed here in English) who draws parallels between what he wants to do and what platforms like Cambrian House and Sellaband (in Germany) are doing.
We're thinking that software and digital music have quite different supply chains and production cycles compared to consumer electronics manufacturing. It could be a long wait before contributors see some revenue-shares, at least from what this reporter learned about how long it takes to go from functional spec to selling products while working at jobs in the electronics industry.
But then again, maybe they've figured out how to shorten that process too. We don't know all the details of the venture's business model.
Posted on January 14, 2008 01:14 PM | Posted to News And Updates | Permalink
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