If Gutenberg have been alive in the present day, he’d be a really busy angel investor.
With e book gross sales booming through the COVID-19 lockdowns final yr, the standard written phrase has instantly drawn the limelight from VCs and founders. We’ve seen an entire cavalcade of recent merchandise and fundings, together with algorithmic advice engine BingeBooks, e book membership startups like Literati and the aptly named BookClub, in addition to streaming service Litnerd. There have additionally been exits and potential exits for Glose, LitCharts and Epic.
However the one firm that has captured the creativeness of a number of readers has been Bookshop.org, which has turn out to be the go-to platform for unbiased native bookstores to construct an internet storefront and compete with Amazon’s juggernaut. The corporate, which debuted simply because the COVID-19 pandemic was spreading in January 2020, quickly garnered headlines and profiles of its founder Andy