Packback questions is an online learning community for college students to discuss highlevel questions. We got a chance to catch up with mike shannon the ceo of chicago edtech startup packback. The company, which makes it possible to rent, buy and sell textbooks quickly and without breaking the bank, started at illinois state when kasey gandham, mike shannon and jessica tenuta had an idea. The smaller startup is probably best known for as the photo book app from tvs shark tank, where founders julie and brian whiteman pitched their uniquely shark tankbacked groovebook. Chicago startup packback appears on abcs shark tank. In a shark tank first, the creator of fitdeck was given, based on his background, a guaranteed chance to return in the future with a different product. Kasey gandham and mike shannon have just stepped into the shark tank.
Michael parrish dudell is an author shark tank jump start your business, speaker, and entrepreneur. This shark tank investor backs out of a deal, but had a surprising change of heart and impressed mark cuban published sat, apr 22 2017 3. Abcs sharktank helped launch textbook exchange packback. Former illinois state university students kasey gandham and mike shannon are behind packback, an ecommerce platform for textbook rentals.
Packback books after shark tank 2018 updates gazette. Were still pinching ourselves to make sure we arent dreaming, and we have yet to wipe the smiles off our faces. Packback books cofounders kasey gandham and mike shannon 12 walked away from shark tank with a new investor. A former contestant on the business reality show shark tank, packback claims at least 70,000 students actively use the service during the. Packback watch packback tonight on abcs shark tank 8pm. Listen to our interview with jessica tenuta cofounder of packback to find out. Debuting packback to students on the national stage through shark tank could not be more exciting for us. Letter to travelers after shark tank weve finally come up for air after a toteally unreal shark tank weekend. After launching in april of 2014 upon airing on abcs shark tank to a record 8. A couple of chicago tech entrepreneurs will be swimming in abcs shark tank on march 21. After shark tank, packback seeded for payperview e. Packback seeded to bring payperuse digital textbooks to. Cuban said that the recent ebook pricing war is actually great for packback, as he believes it will drive publishers to look for unique sources of. We always believed that, once we had a student on our digital ereader, could.
Packback books is a great alternative to renting books you can use a daily model instead of purchasing a text book you might only use once or twice a semester. The show features a panel of investors called sharks, who decide whether to invest as entrepreneurs make business presentations on their company or product. Packback is a studentfounded, studentrun chicago startup helping students get the best value when buying, selling, or renting textbooks. In a recent interview to promote his new book, richard said that he appologized and worked it out. The urgency of preparing for the episode has drawn our team closer than ever as weve taken our 2 month product roadmap and have condensed it. In october 20, jessica tenutas cofounders of packback entered the shark tank. Accept on this device packback questions is an online learning community for college students to discuss highlevel questions. A startup that appeared on abcs shark tank, packback inc.
Apparently richard felt he was defending the womans honor. Packback is hosting a shark tank viewing party at tech hub 1871 in chicago, where many will eagerly await the results and an indication of the projects future direction. On august 7th, 2018, packback will be ending support for packback books, our etextbook rental service and. Booktrepreneurs casey gandham and mike shannon pitch packback books, an electronic textbook rental service, in shark tank episode 523 on march 21. For the past year or so, i have been inundated with complaints about a shark tank skin care scam. Shark tank robert comes down on the equity at the last second.
Answered jun 21, 2016 author has 79 answers and 202. How pissed was mark cuban when richard branson threw water. Mark cubans track record on shark tank sharkalytics. Packback uses cookies to understand what pages are useful to our customers and make our site more effective.
Recap of shark tank season 5, episode 21 in the shark tank. They present the fact that textbook prices have risen by 812% in recent years. The company pivoted from text book rentals to building ai and. How is packback doing now after appearing in shark tank. The segment showcases our microwaveable notebook and details how users create handwritten content, blast their content to eight hot cloud apps, and microwave the book to. A producer at shark tank heard about packback while the four founders were still in college. Mark cuban was first introduced to packback when the companys founders. Prior to the shark tank appearance, groovebook hit 18,000 subscribers over the course of eight months. The two young men pitched their business on shark tank in. I needed the book one day a week at least, little more before finals. Letter to travelers after shark tank taaluma totes. After shark tank, packback seeded for payperview etextbook.
The socalled biggest deal in shark tank history is a total scam. In my time at this company, ive seen packbacks team and business plan scale in incredible ways, but of all my contributions to the team and the company, the one i am. Mark cuban talks about funding packback and the future of. Online textbook and discussion platform packback puts away. Pack back book digital books before shark tank update the entrepreneurs behind pack back books are kasey gandham and mike shannon who will be appearing on the shark tank. We initially talked with them in 20 when they had a business model to rent college students text books. Shark tank is an american reality television series produced by mark burnett. Shark tankbacked groovebook acquired by shutterfly for. Watch rocketbook on the season finale of abc shark tank. Packback will work without these cookies enabled, but this data helps us learn how to make our platform better, provide you with great support, and help our marketing team run. Mark cuban backed edtech startup packback ditches text books. Mike shannon and kasey gandham pitched their digitaltextbook rental service, packback, to the panel of. In an age of constant access to technology and social media, getting students to read about, engage with, and critically reflect on.
Mark cuban was first introduced to packback when the companys founders, kasey gandham and mike shannon, pitched investors on abcs shark tank in march 2014. In the past two years, packback has pivoted into software for professors and students to use in their classroom. Shivam dhiri, this show gives more knowledge per minute than any business book or bschool. At the time, packback was an etextbook rental operation. Wanting to create a more costeffective solution for textbook usage, kasey and mike developed packback, a company that allows students to rent textbooks on a peruse basis. Their company is the marriage of redbox and kayak for the student textbook. I get the answer wrong, i jump to a chapter of the book. Chapul cricket bars, packback books, and a fiber fix update shark tank march 20, 2014 shark tank is returning on friday night with another new episode, and this one is not going to waste any time at all for people to form. Mark cuban backed edtech startup packback ditches text. Rocketbook after shark tank 2018 update mark absolutely has a point the premise of a selferasing notebook should be the thing that sells itself, while the bonus is just. Now while america was watching the show as it aired, karl was behind the. Mark cuban puts more money into ai startup packback. After hearing the pitch dallas mavericks owner and internet. The book experience itself was really a pdf replica of a print book.
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