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...like (crowdfunding)? That's what Cameesa.com is doing, in a fashion-forward knockoff of Threadless.com which generated $17 million in revenues in 2006 by having the crowd choose T-shirt designs. "If you put money down to support a design, that's a strong indicator of actual demand," says Cameesa founder Andrew Cronk, a programmer in Chicago. In other words, the folks who fund your venture double as a first-rate focus group...

Author: /time Magazine | Title: Crowdfunding | 9/4/2008 | See Source »

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