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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.
CampusBooks served over 1.5 million book price comparisons to students in 2007. In 2011, the website was viewed by over 3 million students. [4] In 2015, CampusBooks released Buy vs. Rent price prediction tool, which provided students with recommendations on whether to buy or rent a book based on the current price and future estimated value. [5]
Online marketplace operators have a unique ability to obtain and use in their economic decision making personal data and transaction data, but also social data and location data. Therefore academics have described online marketplaces as new economic actor , or even as a new type of market economy .
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Perlego was founded in 2017 in London, United Kingdom by Gauthier Van Malderen and Matthew Davis, both Belgian [3] natives and recent university graduates.. Drawing from their personal experiences with the high and rising cost of university textbooks, [4] and noting the convenience of accessing music and films via subscription models like Netflix and Spotify, the founders aimed to increase ...
In 2018, McGraw-Hill launches textbook rental program, adding to affordable options available for college students. [29] On January 17, 2019, McGraw Hill Education announced Reveal Math and Inspire Science, new curricula for K–12. [30] On May 1, 2019, McGraw-Hill Education announced an agreement to merge with Cengage. The merged company was ...
Digital textbooks are a major component of technology-based education reform. They may serve as the texts for a traditional face-to-face class, an online course or degree, or massive open online courses (MOOCs). As with physical textbooks, digital textbooks can be either rented for a term or purchased for lifetime access.
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