Packback, Inc.

Pay per view digital textbooks for $5 or less. Students pay per use and save hundreds while publishers reclaim millions in lost revenue.

  • Stage Full Product Ready
  • Industry Internet / Web Services
  • Location Chicago, IL, USA
  • Currency USD
  • Founded November 2011
  • Employees 9
  • Website http://Packbackbooks.com

Company Summary

Platform for college students to rent ebooks in 24-hour increments per realized demand. If a course requires regular textbook usage, money spent on rental is discounted from a conversion to full purchase. Problem: college students are collectively swamped in $1trillion debt. Textbook prices have risen at 4X inflation while its roll is minimized in the classroom. Over 50% of publishers' market is lost to the "secondary book market".

Team

Advisors

  • Sam Guren -former Hyde Park Angels managing director
    Accountant
    Unconfirmed

Previous Investors

  • Alan Matthew
    Unconfirmed

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