Book Seller Crowdfunds To Compete With Amazon

Here’s the problem: Bob Woodward’s bestseller “Fear” goes for $30 at the private DC bookstore Politics & Prose and for $18.25 on Amazon.


Small private book sellers are getting creamed. Even Barnes & Noble is hurting.

However, Noelle Santos, who left a six figure HR job, crowdfunded $175,000 to open a book store in the Bronx.

But she has bigger plans, including a wine bar, bookmobile and publishing original content.

Other small book sellers are popping up in NYC offering live events, local art and signed first editions. Reading is coming back.


About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
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