"Eye On The World"
Open Source Textbook Maker: FlatWorld Knowledge funded with $8 Million
Free Online College Textbooks
Flat World is the world’s first publisher of open source commercial textbooks. Flat World’s textbooks are written by world-class authors. The company makes its books available as free web-hosted textbooks. It earns revenue and pays its authors royalties by providing students with options to purchase print-on-demand soft cover textbooks, audio textbooks, and self-print individual chapters at a fraction of the cost of traditional textbooks. The company enhances the learning experience by offering low-cost digital study aids like mp3 study guides, interactive web quizzes, and digital flashcards. Faculty prefer the open-source approach employed by Flat World because it gives them more control over the classroom experience by enabling them to customize books to better suit their teaching style.
Flatworld’s business model focuses on charging for scarcities, with the main one being convenience.
On March 24, 2009, Greenhill SAVP partnered with Valhalla Partners and High Peaks Venture Partners to fund FlatWorld with $8 Million.
About Greenhill SAVP
With over $100 million under management, Greenhill SAVP makes early stage venture investments in technology-enabled services and business information services companies.
Open-Source Textbook Publisher Raises $8 Million
Open Source Textbook Maker Flat World Gets Funded
The Coming Disruption In The Textbook Market
Textbook Company Embraces Free For Infinite Goods, Charges For Scarcities
Related posts:
- 2 Million Minutes – the world IS flatter Certainly in secondary education. If you play (too much) –...
- OPEN WEB AWARDS – 26 People’s Choice Winners The winners of Mashable’s 2nd annual Open Web Awards was...
- Open Skies – Into The Blue In June 06 I flew in an open cockpit biplane...
Related posts brought to you by Yet Another Related Posts Plugin.
| Print article | This entry was posted by Kent Beatty on March 24, 2009 at 4:52 pm, and is filed under Books, Digital Life, Education, Innovation. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |



















