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	<title>TechCrunch &#187; goodreads</title>
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		<title>TechCrunch &#187; goodreads</title>
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		<title>GoodReads&#8217; Recommendation Engine Acquisition Gooses The Publishing Game</title>
		<link>http://techcrunch.com/2011/12/28/goodreads-recommendation-engine-acquisition-gooses-the-publishing-game/</link>
		<comments>http://techcrunch.com/2011/12/28/goodreads-recommendation-engine-acquisition-gooses-the-publishing-game/#comments</comments>
		<pubDate>Wed, 28 Dec 2011 16:11:13 +0000</pubDate>
		<dc:creator>John Biggs</dc:creator>
				<category><![CDATA[Startups]]></category>
		<category><![CDATA[TC]]></category>
		<category><![CDATA[goodreads]]></category>

		<guid isPermaLink="false">http://tctechcrunch2011.wordpress.com/?p=474744</guid>
		<description><![CDATA[<img width="100" height="46" src="http://tctechcrunch2011.files.wordpress.com/2011/12/screen-shot-2011-12-28-at-10-57-35-am.png?w=100&amp;h=46&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="Screen Shot 2011-12-28 at 10.57.35 AM" title="Screen Shot 2011-12-28 at 10.57.35 AM" style="float: left; margin: 0 10px 7px 0;" />While <a HREF="http://www.nytimes.com/2011/12/13/books/steve-jobs-biography-and-other-hot-titles-bookstore-lures.html?pagewanted=all">bookstores are reporting increased sales this month</a>, I foresee a time when "Staff Picks" at the local booke shoppe will soon be replaced by recommendation engines that tell you what ebook to pick up next. 

Services like Amazon's own recommendation engine and smaller guys like <a HREF="http://techcrunch.com/2011/12/21/booklamp-will-recommend-books-based-on-your-past-preferences/">Booklamp</a> all promise to let you know what tome to crack after you finish the Stephen King epic but <a HREF="http://www.goodreads.com/">GoodReads</a> adds a bit of value-add to the burgeoning self-publishing movement.
]]></description>
			<content:encoded><![CDATA[<img width="100" height="46" src="http://tctechcrunch2011.files.wordpress.com/2011/12/screen-shot-2011-12-28-at-10-57-35-am.png?w=100&amp;h=46&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="Screen Shot 2011-12-28 at 10.57.35 AM" title="Screen Shot 2011-12-28 at 10.57.35 AM" style="float: left; margin: 0 10px 7px 0;" /><p>While <a HREF="http://www.nytimes.com/2011/12/13/books/steve-jobs-biography-and-other-hot-titles-bookstore-lures.html?pagewanted=all">bookstores are reporting increased sales this month</a>, I foresee a time when &#8220;Staff Picks&#8221; at the local booke shoppe will soon be replaced by recommendation engines that tell you what ebook to pick up next. </p>
<p>Services like Amazon&#8217;s own recommendation engine and smaller guys like <a HREF="http://techcrunch.com/2011/12/21/booklamp-will-recommend-books-based-on-your-past-preferences/">Booklamp</a> all promise to let you know what tome to crack after you finish the Stephen King epic but <a HREF="http://www.goodreads.com/">GoodReads</a> adds a bit of value-add to the burgeoning self-publishing movement.</p>
<p>The service lets authors create their own <a HREF="http://www.goodreads.com/author/show/272691.John_Biggs">author pages</a> and fans can follow and interact with writers in the comments and on private author blogs. You can also rate fifteen books to begin getting recommendations for future reading. Authors can run private blogs, send out giveaways, and publicize events using the service.</p>
<p>The service has recommended 6 million books to 6.5 million users and there are currently 240 million books in the database. They are adding 14 million books a month. The team has doubled this year from 10 to 20 people (and they&#8217;re hiring).</p>
<p>&#8220;We&#8217;re profitable,&#8221; wrote Otis Chandler in an email. &#8220;We think we have the best book recommendations on the internet right now (yes, better than Amazon) and we launched our recommendations in September after having acquired a company (Discovereads) in March to power them &#8211; and the results have been phenomenal.&#8221;</p>
<p>In the end services like GoodReads and good old word of mouth will power the publishing industry. If I can market my own books &#8211; for free or for a price &#8211; and sell them to eager customers, I&#8217;m much more likely to self publish and, although this will be decreasingly likely, work with a publisher. The old model of publishing was the movement of widgets, by truck, from warehouse to store to consumer. The new model is one-to-one and sites like GoodReads are powering this revolution.</p>
<a href="http://techcrunch.com/2011/12/28/goodreads-recommendation-engine-acquisition-gooses-the-publishing-game/#gallery-1-slideshow">Click to view slideshow.</a>
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		<title>Goodreads Raises Angel Round To Help You Find That Perfect Book</title>
		<link>http://techcrunch.com/2007/12/17/goodreads-raises-angel-round-to-help-you-find-that-perfect-book/</link>
		<comments>http://techcrunch.com/2007/12/17/goodreads-raises-angel-round-to-help-you-find-that-perfect-book/#comments</comments>
		<pubDate>Mon, 17 Dec 2007 08:16:54 +0000</pubDate>
		<dc:creator>Michael Arrington</dc:creator>
				<category><![CDATA[goodreads]]></category>
		<category><![CDATA[librarything]]></category>
		<category><![CDATA[Listal]]></category>
		<category><![CDATA[Shelfari]]></category>

		<guid isPermaLink="false">http://www.techcrunch.com/2007/12/17/goodreads-raises-angel-round-to-help-you-find-that-perfect-book/</guid>
		<description><![CDATA[Los Angeles based Goodreads, a social network focused on book lovers, has managed to get to 650,000 registered users and near profitability without any funding at all in their first year since launch. Today they will announce an angel round of financing from James Currier (founder of Ooga Labs and Tickle), Michael Birch (founder of Bebo), Chris Michel (founder of Military.com and Affinity Labs), Mike Jones (founder of Userplane), True Ventures, and Stan Chudnovsky. The size of the round is not being disclosed, but we&#8217;ve heard it is in the $750,000 range. Goodreads competes with other book-focused social networks we&#8217;ve covered, including Library Thing (partially acquired last year by ABEbooks), Amazon-backed Shelfari and others. Like the competing services, adding books to your virtual collection entails a search and a click &#8211; most of the meta data is pulled in via an Amazon web service. Goodreads founder Otis Chandler says the company is focused on the social network aspect of the service, letting users introduce their friends to good books through recommendations, currently reading lists, etc. It certainly seems to be working &#8211; the company is right in the mix traffic-wise with Shelfari and Library Thing, and growing quickly. Ten million books have been added to the site by users, Chandler says. That&#8217;s about half of what Library Thing has to date (with a big head start). CrunchBase Information GoodReads Information provided by CrunchBase]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.goodreads.com"></a>Los Angeles based <a href="http://www.goodreads.com">Goodreads</a>, a social network focused on book lovers, has managed to get to 650,000 registered users and near profitability without any funding at all in their first year since launch. Today they will announce an angel round of financing from James Currier (founder of Ooga Labs and Tickle), Michael Birch (founder of Bebo), Chris Michel (founder of Military.com and Affinity Labs), Mike Jones (founder of Userplane), True Ventures, and Stan Chudnovsky. The size of the round is not being disclosed, but we&#8217;ve heard it is in the $750,000 range.</p>
<p>Goodreads competes with other book-focused social networks we&#8217;ve covered, including <a href="http://www.techcrunch.com/2005/11/09/tag-your-books-with-library-stuff/">Library Thing</a> (partially acquired last year by ABEbooks), <a href="http://www.techcrunch.com/2007/02/25/amazon-invests-in-shelfari/">Amazon-backed Shelfari</a> and <a href="http://www.techcrunch.com/2005/09/05/organize-your-stuff-with-listal/">others</a>.</p>
<p>Like the competing services, adding books to your virtual collection entails a search and a click &#8211; most of the meta data is pulled in via an Amazon web service. Goodreads founder Otis Chandler says the company is focused on the social network aspect of the service, letting users introduce their friends to good books through recommendations, currently reading lists, etc. It certainly seems to be working &#8211; the company is right <a href="http://siteanalytics.compete.com/shelfari.com+librarything.com+goodreads.com/?metric=uv">in the mix</a> traffic-wise with Shelfari and Library Thing, and growing quickly.</p>
<p>Ten million books have been added to the site by users, Chandler says. That&#8217;s about half of what Library Thing <a href="http://www.librarything.com/zeitgeist">has to date</a> (with a big head start).</p>
<div class="cbw snap_nopreview">
<div class="cbw_header">
<div class="cbw_header_text"><a href="http://www.crunchbase.com/">CrunchBase Information</a></div>
</div>
<div class="cbw_content">
<div class="cbw_subheader"><a href="http://www.crunchbase.com/company/goodreads">GoodReads</a></div>
<div class="cbw_subcontent"></div>
<div class="cbw_footer">Information provided by <a href="http://www.crunchbase.com/">CrunchBase</a></div>
</div>
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