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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.
Another advantage of online rental services is that most do not have any due dates or late fees; borrowers may keep books for as long as they wish, provided they pay the regular subscription. This era is changing, edits being made with education book selling. Engineering books are often taken on rent for a semester or 2 and returned after use.
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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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 ...
Phumbhra and Rashid rebranded, launching Chegg, Inc. in December 2007, with Rashid as CEO. After ending services unrelated to renting and purchasing textbooks, [5] the company adjusted its business model to reflect that of Netflix's rental-based model, concentrating on renting textbooks to students, [6] [9] and Chegg expanded to a national ...
Amazon Drive also lets their U.S. users order photo prints and photo books using Amazon Prints service. [82] Amazon Photos is a related service geared toward storing, organizing, and sharing photos and videos. Prime users get free unlimited storage for photos in their original format, including some RAW files. Videos, and photos for non-Prime ...
In August 2010, concurrently with introducing a web-based textbook rental service, Barnes and Noble—"one of the largest textbook retailers in the US" [59] —introduced the NOOK Study app "for the PC or Mac that lets users buy or rent e-book versions of their textbooks for use on the computer. [60]
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related to: amazon textbooks rentals for seniors 50chegg.com has been visited by 10K+ users in the past month