What was the initial reaction of booksellers in the US?.Can you briefly explain the infrastructure, logistics and business model of ?.What were your main goals when starting out, and what was/were the biggest challenge/challenges?.Here are some of the questions I asked him: A very healthy ecosystem around books is essential, and any ecosystem where one player controls 80% of it, is not a healthy ecosystem.Ĭurious to hear more? Listen to my conversation with Andy Hunter. Books are a major, major positive influence on humanity and have had a lot of great impact on how we view ourselves, how we understand our place in the world, how we understand politics, how we understand others. To me, that’s a crisis that affects the culture and the art form that I not only love but have really dedicated my life to.
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That’s a rate of growth of about 6-8% a year, and if you extrapolate that growth rate for the next five years that will put them in about 80% of all books sold by the end of 2025. In 2015, Amazon was 37% of all new books sold, and now they’re over 50% – probably close to 60% – in the US. I care a lot about books and writers and writing, and I was watching as Amazon was growing to be more and more of a market force in the US, and with more and more concern, and I felt like there needed to be something to offset Amazon’s growth. Here’s a transcript of Andy’s explanation of why he thinks it’s important to stand up to Amazon now: It has, at the time of recording, raised close to $14 million for local bookstores in the US since its launch on January 28, 2020.
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Often referred to as the indie alternative to, proposes a socially conscious way to buy books online.
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Today’s guest is Andy Hunter, Founder & CEO of.