Businessweek took a look at the going rate per user and came up with a number of $1 billion. All things can be done in the age of social media. The year 2013;
How much is Goodreads worth?
According to sources close to the deal, Amazon netted Goodreads for a mix of cash and stock worth between 140 and $150 million. Amazon’s stock has been trading at record highs, with its market cap a shade under $121 billion. The year 2013.
What is the revenue model of Goodreads?
Goodreads derives its revenues from promoted book campaigns, where it works with major publishers. The company has a better idea of success indicators for books than anyone, with the exception of Amazon. There is a new year in 2011.
Does Jeff Bezos own Goodreads?
Goodreads, a website that helps friends find and discuss books, has been owned by Amazon for the past three years. A new year 2020.
Does Amazon own Goodreads?
By July 23, the Goodreads user base had grown to 20 million members, after it was acquired by Amazon. The site had 90 million members.
How much did Amazon pay for Goodreads?
According to most accounts, Amazon is the most feared player in publishing. Last week it paid $150 million to buy Goodreads, a social network for book nerds with a devoted but far from enormous 16 million members. The year 2013).
Why is Goodreads bad?
The social networking site now has millions of users who rate and review books. Over time, Goodreads has become a hunting ground for people looking to con smaller authors, take down books with bad ratings, or cyberstalk users. There will be a new year in 2021.