(2015-09-13) Rise And Fall Of Quirky

Back in 2009, perhaps before the word had lost all meaning, a small-time-invention start-up called Quirky built a Community that really acted like one... In some cases, the inventors made a lot of money. And it is for that tiny dreamer that the company’s recent death spiral feels like a true loss... In June, in a sweaty interview onstage at the Fortune Brainstorm conference, Kaufman admitted the company was all but "out of money," which had once amounted to $185 million in funding from investors like Andreessen Horowitz and GE. In July came the news that nearly the entire New York City staff would be laid off. By August 1, Kaufman would officially step down from the company he started at age 22.

Sept23 update: declared Bankruptcy.