Notehall: Difference between revisions
Extraturtle (talk | contribs) Added "examinations" to the concept section. Added the controversy section. |
Notehall12 (talk | contribs) |
||
| Line 20: | Line 20: | ||
<ref>http://wildcat.arizona.edu/2.2257/senate-discusses-academic-alliance-1.164870</ref> In October 2009, Notehall appeared on the ABC reality show [[Shark_Tank_(TV_series)|Shark Tank]] where they were successful in landing a $90,000 offer from [[Barbara Corcoran]].<ref>http://abc.go.com/shows/shark-tank/episode-guide/episode-108/301700</ref> However, Notehall decided to take a different investment. In 2009, Notehall participated in DreamIt Ventures, where it received another investment. |
<ref>http://wildcat.arizona.edu/2.2257/senate-discusses-academic-alliance-1.164870</ref> In October 2009, Notehall appeared on the ABC reality show [[Shark_Tank_(TV_series)|Shark Tank]] where they were successful in landing a $90,000 offer from [[Barbara Corcoran]].<ref>http://abc.go.com/shows/shark-tank/episode-guide/episode-108/301700</ref> However, Notehall decided to take a different investment. In 2009, Notehall participated in DreamIt Ventures, where it received another investment. |
||
As of January 2011, Notehall is currently used at 54 universities nationwide and the total student earnings exceed $600,000. |
As of January 2011, Notehall is currently used at 54 universities nationwide and the total student earnings exceed $600,000.<ref>http://www.notehall.com/</ref> |
||
== Concept == |
== Concept == |
||
Revision as of 00:35, 11 February 2011
 | |
| Company type | Private |
|---|---|
| Industry | Electronic Commerce |
| Founded | 2008 |
| Headquarters | San Francisco, CA |
Key people | Sean Conway, Co-Founder and CEO Justin Miller, Co-Founder and President |
| Products | Classnotes |
| Website | http://www.notehall.com/ |
 | Template:Wikify is deprecated. Please use a more specific cleanup template as listed in the documentation. |
Notehall is an online marketplace in which college students can buy and sell class notes.[1] Notehall gained national[which?] recognition after appearing on the ABC reality show Shark Tank in October 2009.
History
Notehall was launched in 2008 at the University of Arizona by Sean Conway, Justin Miller, D.J. Stephan and Fadi Chalfoon. Within 8 months, 40% of the students at the University of Arizona were using Notehall.[2] By November 2008, the student government at the University of Arizona was considering a partnership with Notehall. [3] In October 2009, Notehall appeared on the ABC reality show Shark Tank where they were successful in landing a $90,000 offer from Barbara Corcoran.[4] However, Notehall decided to take a different investment. In 2009, Notehall participated in DreamIt Ventures, where it received another investment.
As of January 2011, Notehall is currently used at 54 universities nationwide and the total student earnings exceed $600,000.[5]
Concept
Students who are looking to sell class notes, outlines, examinations, or study guides can upload documents to Notehall in order to make them available to their classmates. Students looking to purchase documents can buy credits from the website which can be used to view the documents. Notehall takes 50% of the sales of any notes. Based on this commission, the owners of Notehall expect to see revenues of $900,000 in 2010.[citation needed]
Notehall in the news
Notehall.com has been in the news on Wall Street Journal, Forbes.com, Business Week, Yahoo, US News, Techcrunch etc. The Co-founders of Notehall were nominated as the 2009 Finalists: America's Best Young Entrepreneurs on Business Week. [6] Yahoo Finance also selected Notehall's Co-Founders in the 2009 edition of America's Best Young Entrepreneurs. [7] Notehall was one of the six firms in Forbes' Selling Strategies: Six New Ways To Make Money Online. [8] US News ranked Notehall as one of the five must-have Social Media Tools for College Students. [9] Sean Conway, the Co-Founder and CEO of Notehall, Inc. was featured on the Wall Street Journal for being creative in getting funding during the economic recession. [10] DreamIT ventures introduced Notehall.com to the media through an article in Techcrunch during August 2009.[11]
Controversy
The practice of selling exams with answers has generated some controversy. It is a violation of most universities' academic honesty policies to buy or sell test materials. Additionally, some of the content they sell is copyrighted and thus not theirs to sell.
References
- ^ http://images.businessweek.com/ss/09/10/1009_entrepreneurs_25_and_under/18.htm
- ^ http://abc.go.com/shows/shark-tank/episode-guide/episode-108/301700
- ^ http://wildcat.arizona.edu/2.2257/senate-discusses-academic-alliance-1.164870
- ^ http://abc.go.com/shows/shark-tank/episode-guide/episode-108/301700
- ^ http://www.notehall.com/
- ^ http://images.businessweek.com/ss/09/10/1009_entrepreneurs_25_and_under/18.htm
- ^ http://finance.yahoo.com/career-work/article/107947/americas-best-young-entrepreneurs-2009?mod=career-leadership
- ^ http://www.forbes.com/2009/12/14/make-money-online-entrepreneus-sales-marketing-new-ways_slide_3.html
- ^ http://www.usnews.com/education/best-colleges/articles/2010/05/12/5-social-media-tools-for-college-students.html?PageNr=2
- ^ http://online.wsj.com/article/SB10001424052748703790404574471433151548294.html
- ^ http://techcrunch.com/2009/08/13/dreamit-releases-ten-startups-into-the-wild/