Inkshares
San Francisco · Founded 2013
About Inkshares
Inkshares is a social platform that conflates the mechanics of crowdfunding with the distribution of traditional publishing to change the economics of book publishing. The authors submit book ideas and the readers share them, collaborate with authors, and pre-order their books. They publish books that hit their pre-order goal. Votes are cast with money as pre-orders, readers end up subsidizing their production costs. This greatly reduces their risk profile, meaning if a book doesn’t sell, the worst they can do is break even. Inkshares probes for hits without losing money. And it’s because of this model that they can pay authors 50% of gross revenue for print sales and 70% for ebook sales.
Company Facts
- Founded: 2013
- Legal name: InkShares, Inc.
- Operating status: Operating
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: $1K – $10K
- Total funding: $1.2M
- Last round: Series Unknown (Jan 2016)
- Website: inkshares.com
- Phone: (415) 890-6436
Social Profiles
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