The 8.5 Million Dollar Used Book Investment
If you own a thrift shop, there must be a better way to discard the books that don't sell rather than simply throwing them in a landfill. That's what Phil McMullin, CEO of Thrift Recycling Management, thought anyway.
Now, TRM, one of the largest used-book distributors on the internet, has received a $8.5 million venture-capital investment that could extend the company's reach and help keep those books away from landfills and in the hands of readers instead.
The Seattle Times has more on the story, here.