Investors are betting that Quirky can build a sizable business. The company has raised $185 million to date. General Electric, the nation’s largest manufacturer, has put in $30 million, as part of a partnership to experiment with faster-paced models of manufacturing.
…Quirky takes 90 cents of each dollar of product sales. The other 10 cents is distributed among the inventor community. The person who came up with the product idea typically pockets 4 cents of that. Lesser shares go for contributions like enhancing the idea, choosing the price or coming up with the name.
…Quirky, with nearly 300 employees, is growing fast. The company is private and does not make public its financial reports, but Mr. Kaufman says Quirky’s revenue more than doubled in 2014, to $100 million.
Our Ladyada (Limor Fried) was nominated for Red Hat’s Women in Open Source Award! Please vote for her! Visit: https://www.redhat.com/en/about/women-in-open-source
Stop breadboarding and soldering – start making immediately! Adafruit’s Circuit Playground is jam-packed with LEDs, sensors, buttons, alligator clip pads and more. Build projects with Circuit Playground in a few minutes with the drag-and-drop MakeCode programming site, learn computer science using the CS Discoveries class on code.org, jump into CircuitPython to learn Python and hardware together, or even use Arduino IDE. Circuit Playground Express is the newest and best Circuit Playground board, with support for MakeCode, CircuitPython, and Arduino. It has a powerful processor, 10 NeoPixels, mini speaker, InfraRed receive and transmit, two buttons, a switch, 14 alligator clip pads, and lots of sensors: capacitive touch, IR proximity, temperature, light, motion and sound. A whole wide world of electronics and coding is waiting for you, and it fits in the palm of your hand.
Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Maker Business — The strange world of low-margin online returns
Wearables — Liquid magic
Electronics — Diamonds may be forever… but components? Not so much.
Biohacking — Raspberry Pi Health Dashboard
Python for Microcontrollers — Python on hardware, a portal to a world of fun! #Python #Adafruit #CircuitPython @circuitpython @micropython @ThePSF @Adafruit
No comments yet.
Sorry, the comment form is closed at this time.