|By PR Newswire||
|March 25, 2014 04:01 AM EDT||
CHICAGO and PASADENA, Calif., March 25, 2014 /PRNewswire-USNewswire/ -- Today's students face many financial barriers to success in higher education- skyrocketing tuition, inflated textbook costs, and debilitating student debt to name a few. Two tenacious entrepreneurs, Mike Shannon and Kasey Gandham, have developed an ingenious way of addressing these problems.
Packback recently took their startup textbook rental service to the national level, braving the rough waters of ABC's "Shark Tank" before a televised audience of more than 8 million viewers. Last Friday, Shannon and Gandham successfully pitched their grassroots, short-term textbook rental model to the "Sharks" winning over American investor Mark Cuban and connecting with countless new students.
"As a result of the episode, we've had literally thousands of new visitors and users signing up for the Packback service," Gandham stated on Sunday. "We have also seen a huge influx of Campus Ambassador applications - students motivated to launch Packback on their respective campuses by a shared passion for promoting affordable education."
On the heels of their successful venture into the turbulent waters of "Shark Tank," philanthropist Dr. Gary Michelson's 20 Million Minds Foundation (20MM), which is always in search of pioneering, cost-saving measures for students, has partnered with Packback to help reduce financial burdens while ensuring access to the textbooks students need to be successful in their courses. 20MM will also be working with Packback to deliver open textbooks to students courtesy of OpenStax College, an open textbook initiative out of Rice University that Dr. Michelson helped fund.
Launched last year, Packback aims to bridge the growing gap between online textbooks and the publishing industry. Their platform allows students to rent digital textbooks for $5 or less a day. "We provide the bridge to this next-wave digital learning future," said Shannon in a recent interview with the Chicago Tribune. "To get that demand to come organically from the students, we're...lowering the barrier with the pricing point first."
"We have a fascinating marriage of technology and grassroots activism here that is a solid solution to helping students break through the prohibitive cost of higher education while still providing an entire industry an option to remain relevant," said Dean Florez, President & CEO of The Michelson 20 Million Minds Foundation.
Packback's catalog of $3 to $5 digital textbook rentals spans 2,500+ titles from several major participating publishers and is increasing every month as their network of publishers, partners, and students continue to grow.
Packback is a Chicago-based education-technology startup redefining the textbook industry for students, publishers, and professors. Founded by students while backed by notable angel investors in education and digital-media, Packback's vision is to create textbook solutions that work for students today while laying a strong foundation for a digital future.
www.PackbackBooks.com | @PackbackBooks | https://www.facebook.com/packbackbooks
Dr. Gary Michelson's 20 Million Minds Foundation (20MM) is a non-profit organization dedicated to bringing higher education into the digital age through public and private partnerships that increase access, affordability, and student success. 20MM and its initiatives are made possible by the generous support of Dr. Gary Michelson and his wife, Alya Michelson. Visit www.20MM.org, follow us @20MillionMinds, and subscribe to our videos on the Michelson 20 Million Minds' YouTube Channel
Tags: higher education, higher learning, higher ed, textbooks, online textbooks, ebooks, etextbooks, Packback, Packbackbooks, textbook rentals, textbook buyback, textbook rental program, The Michelson 20 Million Minds Foundation, Michelson's 20 Million Minds, Michelson's 20MM, 20 Million Minds, 20MM, Twenty Million Minds Foundation, Dr. Gary Michelson, Alya Michelson, Dean Florez, student savings, digital textbooks, student loans, textbook affordability, textbook publishers, textbook sales.
Contact: Reid Milburn, 916-969-6171
SOURCE The 20 Million Minds Foundation
Both SaaS vendors and SaaS buyers are going “all-in” to hyperscale IaaS platforms such as AWS, which is disrupting the SaaS value proposition. Why should the enterprise SaaS consumer pay for the SaaS service if their data is resident in adjacent AWS S3 buckets? If both SaaS sellers and buyers are using the same cloud tools, automation and pay-per-transaction model offered by IaaS platforms, then why not host the “shrink-wrapped” software in the customers’ cloud? Further, serverless computing, cl...
Feb. 24, 2017 06:00 AM EST Reads: 1,924
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Feb. 24, 2017 04:00 AM EST Reads: 3,790
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Feb. 24, 2017 03:00 AM EST Reads: 1,817
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 24, 2017 02:15 AM EST Reads: 13,198
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, Sandy Ca...
Feb. 24, 2017 01:45 AM EST Reads: 9,538
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and micro services. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your contain...
Feb. 24, 2017 01:45 AM EST Reads: 3,773
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 24, 2017 01:30 AM EST Reads: 5,731
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
Feb. 24, 2017 01:15 AM EST Reads: 1,899
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
Feb. 24, 2017 01:00 AM EST Reads: 1,895
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Feb. 24, 2017 01:00 AM EST Reads: 2,534
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Feb. 24, 2017 12:45 AM EST Reads: 970
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
Feb. 23, 2017 11:30 PM EST Reads: 6,299
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Feb. 23, 2017 11:00 PM EST Reads: 7,020
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
Feb. 23, 2017 10:00 PM EST Reads: 4,609
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Feb. 23, 2017 09:15 PM EST Reads: 1,529