eCommerce - Friday, May 23, 2008
Chicago's Crowdspring Launches With $3M From Angels For Graphic Design Marketplace
Chicago-based Crowdspring has raised $3M from 16 angels and his launched its marketplace for graphic designers. The service has graphic designers bid to win business to create logos and site designs and takes a 15% for the trouble. Several have commented that this is a highly competitive business online. At the same time there is lots of business here to be had so if Crowdspring can get better at marketing to buyers and bidders all power to them. We have expressed our pessimism for all tech startups that hail from Chicago. Our hunch is always that the staff will call it quits once the winter kicks in, but $3M should get the 6 of them through the Winter of 2009.
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