CrowdSpirit launch - Product Development 2.0
After a slight postponement, the Beta version of the CrowdSpirit platform will be launched very soon. Yesterday, invitations to the early subscribers were sent announcing the launch. Since Lionel David (CrowdSpirit’s founder) assured me things are going very well now, I expect the beta platform to be up and running by next week.

Can a large crowd co-develop electronic products from scratch? From product idea to selling the final product? Check out the following Inkling Market, and buy shares or go short depending on your expectations: Inkling Market about CrowdSpirit.
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Craig Cockburn said
am August 23 2007 @ 6:13 pm
I think crowdsourcing works in certain circumstances and outsourcing product development could lead not only to innovative products reaching the market and a reward for the participants. However, I believe the idea of discussing new products in a public forum where large companies could track the ideas and then bring the same to market in probably less time with more funding is a problem.
I also have my doubts regarding the crowdsourcing concept, which is essentially about distributed (global) and remote participation when a company espousing crowdsourcing is reluctant to work with anyone who isn’t based in the same town as they are. How many crowdsourcing companies can you name that eschew the traditional “we are a close knit team and we all have to be in the same office” and instead embrace remote working for their employees as well as their consumer base.
This isn’t meant to be a particular dig at Crowdspirit (with whom I must declare a previous interest) but is a general comment also aimed at the SiliconValley startups I’ve contacted that seem reluctant to take on someone in the UK for just the same reasons.
Craig
Philippe said
am August 28 2007 @ 11:56 am
CrowdSpirit will definitely have to overcome some major hurdles before reaching success. Unlike (other) open source hardware projects as BugLabs, CrowdSpirit doesn’t provide developed modules to build on. The globally spread group of participants will have to start from scratch in this case, which increases both the upside and the downside potential.