Smashwords' Big Year (and what it means for authors)
If you haven't checked in on eBook publisher Smashwords (SW) lately, you're in for a surprise. The little business that Mark Corker started five years ago is now the biggest publisher of eBooks around.
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So how big is big? According to a year-end blog entry by Corker, big is big, not just in numbers of titles, but in year over year growth. This year, the Smashwords author count jumped from 34,000 to 58,600, and the titles in the SW catalog leaped from 92,000 to 190,600. Eye-popping numbers like that would be the envy of any venture capitalist, but Corker has pulled this off without dipping into that well at all. Amazingly enough, he's also done it with only 19 employees (up from 13 at the end of last year, and only 3 in 2010).
Of course, there are some downsides as well as upsides to that picture. Full Story |
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