Bruno Kuete
Minnetonka, MN (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Triobook, LLC
Find More Startups
Startup
Location:
Minneapolis
Industry:
Technology/Web
Year Founded:
2016
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
In any given year, there are more than 15,000,000 students studying in colleges and universities across the United States. Depending upon their course work, they will spend anywhere from $600 to $1200 per semester on their textbooks. Most textbooks are purchased from local, campus bookstores, which command a market share of at least 50%, and annual revenues in excess of $10 Billion.
While the immediate cost of their books is a bitter pill for most, their bigger shock comes at the end of the semester when attempt to sell their "almost-new books" to their sources - normally the campus bookstores. Regretably, the same textbook that cost a student $100 in August will only get him (her) $10 to $15 when he attempt to sell it back to the bookstore in December.
Bruno Kuete came up with the idea of Triobook four years ago as an immediate solution in reducing the textbook expense, and bring fairness to the whole situation.