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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.
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 ...
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.
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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. CampusBooks served over 1.5 million book price comparisons to students in 2007.
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 ...
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