Chinese manufacturers taking Kickstarter ideas and selling them faster

Mark Frauenfelder 11:24 am Wed Oct 19, 2016

Yekutiel Sherman invented a selfie stick that collapses into a smartphone case. He launched the project on Kickstater. Chinese manufacturers were selling it on Ali Express before Sherman's funding window closed.

From Quartz:

But one week after his product hit Kickstarter in December 2015, Sherman was shocked to see it for sale on AliExpress — Alibaba’s English-language wholesale site. Vendors across China were selling identical smartphone case selfie-sticks, using the same design Sherman came up with himself. Some of them were selling for as low as $10 a piece, well below Sherman’s expected retail price of £39 ($47.41). Amazingly, some of these vendors stole the name of Sherman’s product—Stikbox:

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