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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.
Book rental companies having a subscription-based models where a monthly or periodic subscription fee is charged and members can rent a number of books based on the subscription. Book rental companies taking a fraction of book cost as rent. This is the most prevalent model in textbook and college book renting.
Textbook rentals aren't new. WalletPop has covered several third party companies such as Chegg.com, which rent textbooks to users at prices far below retail for college book rentals, but now ...
Online textbook rental eTextbooks Online learning Online tutoring Networking: Revenue: US$767 million (2022) Operating income: US$8.96 million (2022) Net income: US$267 million (2022) Total assets: US$2.47 billion (2022) Total equity: US$1.12 billion (2022) Employees: 2,071 (Dec 2022) Subsidiaries: Busuu Chegg Tutors Zinch StudyBlue Notehall ...
Southwestern Advantage (formerly known as Southwestern Company), is an education material sales company based in Nashville, TN.The privately owned company recruits college and university students as independent contractors to sell educational books, apps, and website subscriptions door-to-door using direct selling methods.
The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product or service.The model was pioneered by publishers of books and periodicals in the 17th century, [1] and is now used by many businesses, websites [2] and even pharmaceutical companies in partnership with governments.
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