(Flash embed above, downloadable MP4 link here.)
Continuing in our retrospective of favorite Boing Boing tv episodes, we revisit the fun we had checking out TechShop, an open-access public workshop that’s kind of like a health club with heavy machinery and sparks instead of treadmills. Tinkerers, inventors, and hackers pay a membership fee, and in turn receive access to professionally-maintained gear, workshops, mentors, and a community of like-minded makers.
Currently there is only one site in Silicon Valley, and it opened in 2006. But founder Jim Newton (a lifetime maker, veteran BattleBots builder and former MythBuster) plans to open a number of locations around the US — and eventually, the rest of the world.
John Todd, who you’ll meet in this episode, wrote this article about the membership-based machine and fabrication shop in a recent edition of Kevin Kelly’s Cool Tools zine. Snip:
I’ve been a member since before TechShop really even started, back when it was just some guys passing out flyers trying to gauge interest. For $100 a month, members can use any tool in the shop on which they’ve received training. MUCH cheaper than buying your own gear. The list of equipment is pretty extensive, too, and new items are arriving frequently (like a new hot-wire foam cutter).
John shares an additional note with BBtv about the company’s business model:
TechShop is unusual in the way it’s funded – community members are the financial backers. To date, TechShop has been funded by taking loans from members and repaying them at a nominal rate. Typically backers contribute $25k and up, and are then paid back over several years. There is an “A” round being raised now to fund the nationwide expansion, and the first funding source again is going to be the community instead of focusing on traditional VC sources. It’s an unusual way to keep members excited about what they do at TechShop, and to keep them focused on making the whole experience better. Jim Newton (CEO) and Mark Hatch (COO) are looking for additional interested people who want to become members and funders – contact TechShop for details.
In part two of this episode, we take a joyride in a three-wheeled electric car.