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CampusBooks.com was founded by Alex Neal in 1998 during the height of the dot com boom. [1] The company started as an online textbook reseller. [3] In 2000, it changed its business model and became a textbook comparison shopping site.
Half Price Books, Records, Magazines, Incorporated is a chain of new and used bookstores in the United States. The company's original motto is "We buy and sell anything printed or recorded except yesterday's newspaper", and many of the used books, music, and movies for sale in each location are purchased from local residents.
Many companies renting physical books also rent e-books. Since e-book rental distribution rights are totally different from physical books many smaller companies are not able to rent e-books from standard publishers like McGraw-Hill , Pearson , Prentice Hall , Cengage , etc due to the high licensing fees required for rental rights.
It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services. [2] The company was launched in 2006, and began trading publicly on the New York Stock Exchange in November 2013. As of March 2020, the company reported having 2.9 million subscribers to Chegg Services. [3]
BookRenter initially received financing from several venture capital firms in Silicon Valley. In 2009, it announced a Series A round of $6 million, [12] raised from Storm Ventures and Adams Capital Management, then Norwest Venture Partners led the Series B round of $10 million, which included participation from prior investors Storm Ventures and Adams Capital Management.
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