Kickstarter Knock Offs - The MAJOR downside to crowd-sourcing product development

This 24-year-old made $345,000 in 2 months by beating Kickstarters to market

Less than a month after starting a business, a 24-year-old entrepreneur CNBC has agreed to call "Jack" wired $70,000 to a factory in Shenzhen, China, praying that the money wasn't going to disappear. Weeks later, 15,000 plastic toy cubes with joysticks and clickers on their sides, designed to help people who fidgeted too often, arrived.

cnbc.com