Glenn Weinstein, tweeted something this morning that really caught my attention. There's a great article on TechCrunch entitled, Accel Invests $35M. in 99designs…After Years of Trying, that outlines 99design's growth and disruptive nature. The company has paid out $20 million to designers over the last three years and some 6.5 million logos have been submitted. The site is paying members more than $1 million per month. This crowdsourcing thing really works!
CloudSpokes is no where near the size of 99designs (yet) but we have a lot of great stuff happening here. The community is growing like a weed (over 5000 members in our first 10 weeks!), we have a stream of great challenges in the works and we are meeting constantly with high-profile companies that want to run and sponsor challenges. The next couple of months is going to be exciting for community members! Stay tuned and send us any ideas that you might have.