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Great, experienced inventors go to places where they're well compensated. Low compensation = attracting inexperienced inventors.

If it caused the number of inventors to grow too slowly or of a poor quality, then yeah.

Quirky could have solved this with key partnerships with a larger inventor cut, though. This is pretty common, most marketplaces do some form of this.

Better than their original model of offering slightly more but charging $99 for submissions

https://news.ycombinator.com/item?id=1609917 (back when it was new)