Guys, check this out. The service has benefits on both sides of the table, and obviously, that is one of the main reasons it is so successful for both those submitting a need for a design and the designers from around the world submitting an idea or suggestion or design. This could be a great advantage for the entrepreneur and small business owner.
Excerpt: This isn’t to say we haven’t had our detractors. Some vocal members of the design community think 99designs’ model is unethical—that designers shouldn’t submit on “spec” without a guarantee of being paid. We disagree, and we know we’re unlikely to ever change their minds. We currently have more than 140,000 designers in 192 countries who have uploaded designs, and who see us as a valuable way to build their portfolios, make money and source clients they otherwise would never have had access to.
Read full article via How I Did It: The Story Behind 99Designs. From Startup Nation