From The Bookseller:
Publishizer matches authors with publishers during pre-orders campaigns. It’s like Kickstarter meets Tinder, for publishing.
Who’s behind it?
Guy Vincent, a charismatic Australian who now lives, naturally, in California’s Mountain View. In 2011 Vincent launched the digital division of South-East Asia’s largest book printing company, Tien Wah Press, in Singapore, but after noticing how many promising writers and artists struggled to fund their print runs he quit his job, moved to India, and teamed up with two German engineers to build a crowd-funding platform for books. A year into the startup, the team was accepted into the 500 Startups accelerator in Silicon Valley and pivoted their focus to matching authors with publishers.
What’s the gap in the market?
“Over 2 million book proposals are submitted to literary agents in the US every year – and 96% of those are rejected,” Vincent explains. “That’s almost 2 million people in the US alone who are seeking a publisher for their book, every year. We realised we could use our pre-orders metrics to match our authors with publishers based on their interests. So, rather than being painfully rejected dozens of times, we can flip that equation and bring our authors dozens of interested publishers.”
Link to the rest at The Bookseller and thanks to Karen for the tip.