What’s a Town Meeting, you ask? During this live broadcast, Ben Kaufman, Quirky’s founder and CEO, will bring the community up to speed on what we’ve been up to and where we’re going. Also, we’re just closing our books on the 2014 fiscal year, so we’ll update you on our performance and forecast our goals for the coming year.
From the NYTimes article.
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.
In NYC we see Quirky ads all over the place (include at TV ad!) Adafruit was almost in the same building so we’re always interested in what this company is up to, $185 million is *a lot*. And it’s an interesting marketplace for ideas since KickStarter and other crowdfunding sites have come up since Quirky’s launch. One thing we do not know is how the Quirky vs XOXO dustpan war ended. If we’re around we’ll ask, they’re both in NYC, would be cool to know they’re getting along now. Recently Quirky started a microfactory in San Francisco, we’d like to hear what they’re up to and what machines they’ve chose to use and why.
We are angry, frustrated, and in pain because of the violence and murder of Black people by the police because of racism. We are in the fight AGAINST RACISM. George Floyd was murdered, his life stolen. The Adafruit teams have specific actions we’ve done, are doing, and will do together as a company and culture. We are asking the Adafruit community to get involved and share what you are doing. The Adafruit teams will not settle for a hash tag, a Tweet, or an icon change. We will work on real change, and that requires real action and real work together. That is what we will do each day, each month, each year – we will hold ourselves accountable and publish our collective efforts, partnerships, activism, donations, openly and publicly. Our blog and social media platforms will be utilized in actionable ways. Join us and the anti-racist efforts working to end police brutality, reform the criminal justice system, and dismantle the many other forms of systemic racism at work in this country, read more @ adafruit.com/blacklivesmatter
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, TinyGO, or even use the Arduino IDE. Circuit Playground Express is the newest and best Circuit Playground board, with support for CircuitPython, MakeCode, 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.