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February 1, 2013 10:27 pm GMT
InfoArmy -- a startup built on the "Data 2.0" concept of crowdsourced competitive intelligence -- has today sent out a letter, printed in full below, to its researchers informing them that it is pulling the plug on its current business model after failing to find enough sales for the research reports, and being unable to sustain the quality of the work that was being produced. As a result, it will be offering reports on its site free of charge and will no longer be paying researchers for their contributions, as it tries to figure out what to do next.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vuVyro-gAcM/
InfoArmy Retreats After Crowdsourced Research Business Goes Through The Floor. All Reports Now Free
InfoArmy -- a startup built on the "Data 2.0" concept of crowdsourced competitive intelligence -- has today sent out a letter, printed in full below, to its researchers informing them that it is pulling the plug on its current business model after failing to find enough sales for the research reports, and being unable to sustain the quality of the work that was being produced. As a result, it will be offering reports on its site free of charge and will no longer be paying researchers for their contributions, as it tries to figure out what to do next.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vuVyro-gAcM/
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