I'm sorry, but can someone explain exactly Quirky does (did)?
And for a more recent update: http://www.theverge.com/2015/4/24/8488531/quirky-invention-p...
tl;dr An online community for inventors to brainstorm and pitch ideas they have. The entire community helps refine the idea (name, marketing slogan, features) - and then Quirky picks a few at a time to bring to market (manufacturing, distribution).
That number is absolutely staggering. I would love to see what their internal product development was like.
They were also very effective at separating the Schenectady NY economic development agency from a lot of money!