TechShop: Difference between revisions
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'''= member-based workshop located in Silicon Valley in Menlo Park, California that lets people of all skill levels come in and use industrial tools and equipment to build their own projects.''' [http://en.wikipedia.org/wiki/TechShop] | '''= member-based workshop located in Silicon Valley in Menlo Park, California that lets people of all skill levels come in and use industrial tools and equipment to build their own projects.''' [http://en.wikipedia.org/wiki/TechShop] | ||
URL = http://www.techshop.ws/ | URL = http://www.techshop.ws/ | ||
=Description= | |||
"TechShop is unusual in the way it's funded - community members are the financial backers. To date, TechShop has been funded by taking loans from members and repaying them at a nominal rate. Typically backers contribute $25k and up, and are then paid back over several years. There is an "A" round being raised now to fund the nationwide expansion, and the first funding source again is going to be the community instead of focusing on traditional VC sources. It's an unusual way to keep members excited about what they do at TechShop, and to keep them focused on making the whole experience better." | |||
(http://www.kk.org/cooltools/archives/002777.php) | |||
=More Information= | |||
#Article: http://www.kk.org/cooltools/archives/002777.php | |||
#Video: http://video.boingboing.net/video/11324/bbtv_2008-05-01-220300.mp4 | |||
Revision as of 02:52, 5 February 2009
= member-based workshop located in Silicon Valley in Menlo Park, California that lets people of all skill levels come in and use industrial tools and equipment to build their own projects. [1]
URL = http://www.techshop.ws/
Description
"TechShop is unusual in the way it's funded - community members are the financial backers. To date, TechShop has been funded by taking loans from members and repaying them at a nominal rate. Typically backers contribute $25k and up, and are then paid back over several years. There is an "A" round being raised now to fund the nationwide expansion, and the first funding source again is going to be the community instead of focusing on traditional VC sources. It's an unusual way to keep members excited about what they do at TechShop, and to keep them focused on making the whole experience better." (http://www.kk.org/cooltools/archives/002777.php)