I think the concept sounds great and it is beautifully executed. Books don't have the same broad appeal as videos but are definitely easier to classify, search

I think the concept sounds great and it is beautifully executed. Books don't have the same broad appeal as videos but are definitely easier to classify, search, and analyze. There's a whole lot of semantic data to work with in a book so a site like Scribd should be much easier to monetize than youtube with context-sensitive advertising. Couple this product with some sort of publisher agreement a la youtube and you'll definitely have a winning investment. Congrats on the cash infusion! Spend wisely!!