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0 based document-sharing website which allows users to post documents of various formats, and embed them into a web page using its iPaper format. Scribd was founded by Trip Adler in 2006. Scribd's major competitors are Docstoc, WePapers, and Issuu.
The idea for Scribd was originally inspired when Trip Adler was at Harvard and had a conversation with his father, John R. Adler about the difficulties of publishing academic papers. He teamed up with cofounders Jared Friedman and Tikhon Bernstam and they attended Y Combinator in Cambridge in the summer of 2006. Scribd was launched from a San Francisco apartment in March 2007 and quickly grew in traffic. In 2008, it ranked as one of the top 20 social media sites according to Comscore. In June 2009, Scribd launched Scribd Store, and shortly thereafter closed a deal with Simon & Schuster to sell ebooks on Scribd. Over 150 professional publishers including Random House, Wiley, Workman, Houghton Mifflin Harcourt, Pearson, Harvard University Press and Stanford University Press are now associated with Scribd. ProQuest began publishing dissertations and theses on Scribd in December 2009. In October 2009, Scribd launched its branded reader for media companies with The New York Times, Los Angeles Times, Chicago Tribune, The Huffington Post, TechCrunch and MediaBistro.  Over 100 media companies now use Scribd’s branded reader to embed source material into their stories. In August 2010, news stories began to break and documents and books began to go viral on Scribd including the overturned Prop 8 and HP’s lawsuit against Mark Hurd’s move to Oracle. Adler is currently the CEO of Scribd, where he is responsible for the product and strategic direction of the company. BusinessWeek named Adler one of the “Best Young Tech Entrepreneurs 2010”.
In September 2009, BusinessWeek named Scribd one the “World’s Most Intriguing Startups”. In December 2009, Forbes named Scribd one of its “10 Hot Startups”.  Fast Company Named Scribd “One of its Top 10 Most Innovative Media Companies” in February 2010. In May 2010, Scribd was recognized as one of the “2010 Hottest San Francisco Companies” by Lead411. On September 1, 2010, the World Economic Forum announced the company as a Technology Pioneer for 2011. After the World Economic Forum Technology Pioneer Award, Time Magazine named Scribd one of the “10 Start-Ups that Will Change Your Life”.
joined Scribd’s board of directors in January 2010. and received over US$3. PowerPoint presentations. and PostScript files. Timeline In February 2010. the company raised US$9 million in a second round of funding. allowing it to be viewed the same across different operating systems (Windows. and hired as president George Consagra. Consagra left Scribd and became CEO of Good Guide in August 2010. Sacks. Scribd was valued at $10 million. in July 2010 as its SVP of business development and opened a New York office.”  Financials The company was initially funded with US$12. OpenDocument documents.7 million in June 2007 from Redpoint Ventures and The Kinsey Hills Group. 2010 to become according to TechCrunch.  Scribd rolled-out a re-design on September 13. Prior to the $9 million round. as long as the reader has Flash installed (although Scribd has announced non-Flash support for the iPhone). . led by Charles River Ventures with re-investment from Redpoint Ventures and Kinsey Hills Group. All iPaper documents are hosted on Scribd.  In December 2008. former head of media and publisher partnerships at Google. making it simple to embed documents in their original layout regardless of file format. All major document types can be formatted into iPaper including Word docs. Scribd allows published documents to either be private or open to the larger Scribd community. and Linux) without conversion.000 from Y Combinator.  In April 2010 Scribd launched a new feature called "Readcast" which allows automatic sharing of documents on Facebook and Twitter.  In August 2010 it began beta testing premium services. David O. The iPaper document viewer is also embeddable in any website or blog. “the social network for reading. Scribd also utilizes Google Advertisements for revenue generation. Also in April 2010. Scribd unveiled its first mobile plans for e-readers and smartphones. former PayPal COO and founder of Yammer and Geni.  Technology Scribd uses iPaper which is a rich document format similar to PDF built for the web. OpenOffice. It also makes revenue from Scribd Store sales. former Bebo COO and managing director of Organic Inc. Their current valuation is likely much higher. which allows users to embed documents into a web page. Scribd hired Robert Macdonald. PDFs. iPaper was built with Adobe Flash. Mac OS. Scribd announced its integration of Facebook social plug-ins at the f8 Developer Conference.org XML documents.
 If the requirements are not met. Scribd has currently more than 50 million users and it hosts more than tens of millions of documents. Notable users of Scribd include Virginia senator Mark Warner.Scribd iPaper requires that Flash cookies are enabled. Scribd launched its own API to power external/third-party applications. Now any document can become a Web page.”  Reception Scribd has been received positively by several commentators.  TechCrunch reported that Scribd is migrating away from Flash to HTML5. Ford Motor Company. there is no message. All Things D Reporter Kara Swisher. only a few applications use this API." On May 11.  Criticism  Copyright issues Scribd often has been accused of copyright infringement. UNICEF. . World Economic Forum. which is the default setting in Flash. In March 2009 Scribd launched a copyright management system and has made upgrades to the system including the addition of OCR.”" In July 2010 Publishers Weekly wrote a cover story on Scribd entitled “Betting the House on HTML5. Le Guin. On May 5. the U.8 million searches are conducted on Scribd's website everyday. however. HewlettPackard. Scribd launched the largest implementation of HTML5 to date at the Web 2. Scribd's documents are embedded more than 10 million times across the web and more than 1. "Scribd co-founder and chief technology officer Jared Friedman tells me: “We are scrapping three years of Flash development and betting the company on HTML5 because we believe HTML5 is a dramatically better reading experience than Flash. Federal Communications Commission (FCC). The World Bank. the white or gray display area is simply blank. Former California gubernatorial candidate Meg Whitman. Scribd has been praised by several newspapers and has been dubbed as the potential "YouTube for documents". and Samsung. 2009. In September 2009 American author Elaine Scott alleged that Scribd "shamelessly profits from the stolen copyrighted works of innumerable authors. Motoko Rich. The New York Times reported in May 2009 that Scribd hosted pirated works by authors such as Ursula K. Red Cross.0 Conference in San Francisco.  Its revenue model has gained coverage on numerous blogs such as TechCrunch.S. 2010." Her attorneys Joe Sibley and Kiwi Camara sought class action status in their efforts to win damages from Scribd for allegedly "egregious copyright infringement. New York Times DealBook reporter Andrew Ross Sorkin.
  In July 2010. The suit was dropped in July 2010. . In June 2010. The passwords were later removed when the news was published by The New York Times. accusing it of calculated copyright infringement for profit. Sibley Camara filed a class action lawsuit against Scribd.  In August 2010. GigaOm reported that the script of “The Social Network” movie was uploaded and leaked on Scribd and promptly taken down per Sony’s DMCA request. SCRIBD tickets related to copyright infringements exceeded 66. Since its inception Scribd has been served with 25 DMCA take down notices. The test was met with minor community backlash leading Scribd to make changes to its policies[clarification needed]. reported on Scribd hosting pirated works. Scribd began beta testing premium services including the Scribd Archive.writing in the New York Times.  Controversy  Comcast password leaks In March 2009 the passwords of several Comcast customers were leaked on Scribd.000.
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