Crowdsourcing an ‘opportunity, not a threat’ as DesignCrowd stakes its territory with investment booster
DesignCrowd launched on the New Zealand market a few weeks back and while not everyone might be a fan of crowdsourced design, the company certainly plans to stick around. Its presence in the Kiwi market and beyond has been given a booster by way of a $3 million investment from Australian VC firm Starfish Ventures. DesignCrowd chief executive Alec Lynch said the money would be used to enhance the company’s service in Australia, New Zealand and beyond. And after a chat on the phone, he was also quick to defend crowdsourcing, describing it as an “opportunity, not a threat” to existing design agencies.