The company that did it is called BookRenter. According to Daily Tech:
Users can search for books via their title or ISBN. They then specify a rental period and delivery option. The books are delivered with return UPS labels for easy return shipping at the end of the exchange period.BookRenter is a start-up company and is already getting funding:
After $6M USD in preliminary funding, BookRenter just scored $10 million in a Series B financing round.It has partnered with 75 universities already and has a base of 1.3 million student subscribers.
Sure wish this had been around when I was in college. Books are more expensive now, but even then, in the days of the discovery of fire and watermelon, books were budget breakers.
Wonder what the compensation is to authors? There's probably a deal with the publisher since BookRenter would have to buy many copies of each textbook since their site boasts:
3 million textbooksOr maybe this will push textbooks to become ebooks.
96% guaranteed in stock
What do you think?