From their FAQ page: http://www.pubslush.com/faq/category/1#q23
Moses on a moped, this is NOT how it's done in the publishing industry.Just as it’s done in the publishing world, we ask authors to submit the best ten pages and a summary of their manuscript. Slushers then read and support submissions by pledging their financial support. When a book reaches 2000 supporters, we publish it!
Red bolding is mine, indicative of a damn good reason for writers and readers alike to run like hell from this bunch.
So instead of an experienced editor kicking a manuscript upstairs to the suits for approval, recommending it for publication based on reading the WHOLE book, not just 10 pages (and it's 50 pages + an outline, you PubSlush Press morons) the writer has placed her book in the hands of total amateurs.How is PUBSLUSH different from traditional publishing?
The major difference is that instead of having one person decide what books should be published, we use the power of social media to let Slushers choose.
Instead of being a business decision that results in the author making money in professional publishing with books in stores, it's a popularity contest.
Hypothetically, a kid in school with 2000 or so students can post a piece of crap on your site, and if they ALL say they love it--backing that "love" up by paying YOU money--and you'll "accept" it for publication.
Spiffing. Just spiffing.
Do these editors know that? Please share their names and who they work for.What’s the deal with editors from other publishers?
While your book is on our site, editors from major publishing houses will be able to view promising submissions. If they are interested in publishing your book, we will present their proposal to you and act as your agent to facilitate the contract.
Are you aware that no editor in her right mind will be keen to touch a previously published work that's been up on the Internet for months on end? Apparently not.
Online, probably from the PubSlush website.Where will my book be sold?
Once your book is selected for publication, we’ll work with you to generate buyer interest and market your book accordingly. Through distribution relationships with major booksellers, your book will be made widely available.
I predict that at some point in this farce the writer will have to pay money to PubSlush. That's what "we'll work with you" usually means on vanity sites.
You expect 2000 people to send in 2.50 each ( it could be more and I'm sure Paypal will be involved somewhere) to read 10 pages by an unpubbed author when there are .99 novels on Kindle by established pros. Brains.When do I make money?
You’ll receive a $5000 advance upon reaching 2000 supporters and then royalties based on sales.
If a book does not meet its 2000 minimum, what happens to that money?
There seems to be a 4-month time limit on this. If the writer doesn't make 2000 votes at the end of 120 days, what happens? Does one pay to extend that? What happens (again!) to the money people sent to vote for that author?
No agent in her right mind will go near this place!Can I submit my book if I already have an agent?
You should discuss this with your agent directly. While your book is on the site, PUBSLUSH must be guaranteed exclusive representation.
Any author who already has an agent should be smart enough to avoid this pit.
Amazingly, several writers have signed up.
Not so amazingly:
One writer has 154 "Likes" from FB and 6 people actually paid to support her. Ahh, the loyalty of friends! (Unless the author slipped in and paid for it herself.)
The rest: zip money for votes and some token, as in cost-free, "likes."
There's so much wrong with this site my head is in danger of exploding. I'll go away now. You guys have at it.