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Zipcar just filed for an IPO to payoff their debt. They've got a lot of it. I also don't see how Chegg deals with some of the things universities/text book pub
by ojbyrne 16y ago
Zipcar just filed for an IPO to payoff their debt. They've got a lot of it.
I also don't see how Chegg deals with some of the things universities/text book publishers have done to handicap the used textbook market - i.e. having a new edition every year, with new required problems in the classes.
- olefoo 16y agoNegotiating power, and the ability to shift books around the country. They can demand discounts because they are making bulk orders larger than a single bookstore and textbooks refresh at 3-year intervals for the most part.
- yummyfajitas 16y agoStartup opportunity: build a site which correlates the problems in the new edition with the old edition. (I.e., problem 5 in edition 3 = problem 7 in edition 4, turn "4/3" to "9/7".)