I’m scrambling through my papers, nothing but doodles and dried drool from my econ lecture. Normally, this would be cause for panic, however, thanks to the entrepreneurial spirit of a couple Eastern Canadian university students, I need not worry.
Notewagon.com – A social network with an academic twist. This start-up company is making headway as it expands from the University of University of Waterloo to other Ontario post-secondary institutions and beyond.
The product it offers, notes on lectures, is not new. However, it’s method of of obtaining, organizing, and distributing these notes are what gives it a competitive edge in the market of University students.
The organization allows students to upload and “sell” their notes to other students. With a little bit of magic (and something called the “free market”) quality notes get recognized and are paid more for and Notewagon makes a percent of the profit.
The company is taking a risk, in that there are other note-sharing platforms, and in order for it to thrive, it needs to be widely used like a social networking site. It’s working currently to get funding of about $1,000,000 in the silicone valley in order to expand its market rapidly.
More notes for me. Hell yeah!