History of Scribd
History of Scribd
The company was founded in 2007 by Trip Adler, Jared Friedman, and Tikhon Bernstam,
and headquartered in San Francisco, California. Tony Grimminck took over as CEO in 2024.
History
[edit]
Scribd began as a site to host and share documents.[2] While at Harvard, Trip Adler was
inspired to start Scribd after learning about the lengthy process required to publish
academic papers.[4] His father, a doctor at Stanford, was told it would take 18 months to
have his medical research published.[4] Adler wanted to create a simple way to publish and
share written content online.[5] He co-founded Scribd with Jared Friedman and attended
the inaugural class of Y Combinator in the summer of 2006.[6] There, Scribd received its
initial $120,000 in seed funding and then launched in a San Francisco apartment in March
2007.[7]
Scribd was called "the YouTube for documents", allowing anyone to self-publish on the site
using its document reader.[4] The document reader turns PDFs, Word documents,
and PowerPoints into Web documents that can be shared on any website that allows
embeds.[8] In its first year, Scribd grew rapidly to 23.5 million visitors as of November
2008.[9] It also ranked as one of the top 20 social media sites according to Comscore. [9]
In June 2009, Scribd launched the Scribd Store, enabling writers to easily upload and sell
digital copies of their work online.[10] That same month, the site partnered with Simon &
Schuster to sell e-books on Scribd.[11] The deal made digital editions of 5,000 titles
available for purchase on Scribd, including books from bestselling authors like Stephen
King, Dan Brown, and Mary Higgins Clark.[12]
In October 2009, Scribd launched its branded reader for media companies including The
New York Times, Los Angeles Times, Chicago Tribune, The Hu ington Post, TechCrunch,
and MediaBistro.[8] ProQuest began publishing dissertations and theses on Scribd in
December 2009.[13] In August 2010, many notable documents hosted on Scribd
became viral phenomenons, including the California Proposition 8 ruling, which received
over 100,000 views in about 24 minutes, and HP's lawsuit against Mark Hurd's move
to Oracle.[14][15]