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Old 12-18-2009, 04:24 PM   #1
Nate the great
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Scribd to open a Kindle Store next year?

Business Insider recently interviewed Scribd CEO Trip Adler, and is reporting that:
Quote:
Scribd, the YouTube for print, is working on a new way to get e-books onto your Kindle without buying them from Amazon.
from:
http://www.businessinsider.com/scrib...-books-2009-12

*****

Basically Scribd is going to open a mobile version of the Scribd Store that's tailored for the Kindle. Yippee-skippee.
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Old 12-18-2009, 05:18 PM   #2
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That's pretty interesting. Especially the part about mainstream publishers using Scribd. It does make me wonder why Scribd is making this announcement before anything with Amazon has been finalized. The article sort of gives me the feeling that something was in the works and it fell through. Maybe I'm just reading too much between the lines.
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Old 01-13-2010, 11:29 PM   #3
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Our back of the envelope calculations put revenue in the range of $7 to $10 million. Adler says revenue is growing 10-12% month over month.

Wow. What will be the revenue in 10 years?
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Old 01-14-2010, 03:39 AM   #4
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Work it out. $10m now. 10% growth for 120 months is:

$10m x (1.1)^120

= $930 bn

Somehow I don't think they'll achieve it .
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Old 01-19-2010, 12:24 AM   #5
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Scribd is worthless IMO

Last edited by liono33; 01-19-2010 at 11:44 PM.
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Old 01-19-2010, 06:01 AM   #6
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Quote:
Originally Posted by HarryT View Post
Work it out. $10m now. 10% growth for 120 months is:

$10m x (1.1)^120

= $930 bn

Somehow I don't think they'll achieve it .
Not unless they can turn into a Northern Hemisphere bank and get a handout!

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