[40] Goodreads organizes offline opportunities as well, such as in-person book exchanges and "literary pub crawls". GoodReads didirikan pada Desember 2006, resmi dirilis pada 30 Januari 2007 oleh Otis Chandler dan Elizabeth Khuri. Before we continue with the story, Otis can you tell the people what Goodreads is, if theyve never been on it, if theyre not one of the, one of the millions of people on the site? Thats the hard part of being down here in Buenos Aires. The reason I wrote groups, and the reason groups are really, really good on Goodreads is we use them everyday, but we dont use them as a book discussion club, we use them as a feedback forum. Without much fanfare or outside funding he built his community of booklovers to 650,000 members. Thank you Otis. Andrew: And I know from looking at Goodreads, from looking at your profile on Goodreads, youre reading Think and Grow Rich an inspiration for me. In 2012, after a receiving a poor review on her novel The Selection, author Kiera Cass encouraged her Twitter followers to "knock [the review] off" the front page of Goodreads' section on the book. So this is fun, youre like wow, Ive got three friends and I can see their results I want to see the rest of my friends results let me go send them an email. So what we had is we animated on this fun, plus serious model and I think at the end we had maybe 600 fun tests and maybe 150 serious tests, and the serious tests we eventually figured out we could sell a result to these. And Goodreads allows you to keep all of the books youve ever read. [39] Goodreads also offers quizzes and trivia, quotations, book lists, and free giveaways. But actively working at it, getting into doing speaking events around the book, doing readings and absolutely social media, I think, is big. So I realized that a niche social network around reading, much like a social network around photos, would probably work. [inaudible] Id always kinda been a reader as a kid and I wanted to get back to that. Andrew: Yeah. It did not give me much more than that. And this is very similar to the Facebook self-serve product or the MySpace self-serve product. hide caption. Interviewee: Well, its a big new feature for us, its the ability for members to list their books swappable and then swap with other members. So pretty much its up to the author. A person whos an engineer who wants to develop, who wants to think about engineering problems, and not financial problems. I cant believe I struggled over it because now its a no-brainer. But the point is, you went from big generic to lots of little niche ones and the niche ones worked because they were tight around a community and the interests that people liked. And I could see social networking was probably going to do the same. But most of them are guys who published a book or self-published a book and theyre trying to figure out How am I going to market my book to people? And this is the biggest problem that authors are facing right now. I probably said I wanted to be a mechanical engineer and build cars someday. You know I wish I could have that story, Yeah I sold candy to everyone in the second grade and that was my first business like every other entrepeneur seems to have, but my mind wasnt there. And maybe every couple months Id empty my Amazon shopping cart. How can I get myself to be more excited about doing that? Andrew: Its working now. Interviewee: No, we have a lot of book geeks but. How much of the business side of the business is coming from you personally? That gave his business enough traction to raise money from investors and take his business to over 2.6 million members. Requires subscription and macOS 11.4 or higher. Do you have a group on Goodreads thats like that? I say Okay theres a lot of users here that are really, really wanting this or that, and then I can prioritize what were going to build. (from Wikipedia) .more Combine Editions Otis Chandler's books Sign In http://www.twitter.com/otown https://www.goodreads.com/otis Otis's favorite books More Otis's Bookshelves read (577) Little bit of Goodreads trivia. The New York Times noted that Goodreads, at the time of the acquisition, had a more reputable reviewing system than Amazon's. MySpace everyday and hes just posting little stuff, little snippets, things hes thinking about. Profile Name: Otis Chandler Age: 31 Company: Goodreads.com Title: CEO and president First job: Ranch hand in Montana Bookselling in the future will be "all about using the Internet and free e . So for some perspective, it used to be, say maybe 20 years ago, all you had to do as an author was write a book, hand it to your publisher, they would take it do their thing, youd get a check, youd go back to writing the next one. Andrew: What else worked well? And I see Dave Yank, whos watching the slide has got a question. Guys who are really in there, who were scrappy entrepreneurs. Its all about stats, right. Social book cataloging website owned by Amazon, Learn how and when to remove this template message, published under a different name before coming out, "Amazon to Buy Social Site Dedicated to Sharing Books", "Book lovers seething over Amazon acquisition of Goodreads", "Elizabeth Khuri Chandler Tells the Origin Story of Goodreads", "Need Advice on What to Read? [2], Goodreads was founded in December 2006 and launched in January 2007 by Otis Chandler and Elizabeth Khuri Chandler. The design. And thats when we went from five users a day to 100 users a day and then kept going up from there. [52] Goodreads librarians coordinate on the Goodreads Librarian Group. The band can have a profile and show off their music and their events. I cant remember who I was thinking of but guys with serious cred. Interviewee: He was. which is go out and get the book and try to learn it on your own. And I think it has. He says he loves Good Reads, he loves the community on there, and he wonders what youre going to do to get authors more engaged. Goodreads is pleased to announce the release of KINDLR, an exciting new dating app exclusively for Goodreads members. Alright how can people connect with you Otis? Interviewee: Did he use Goodreads books blog? For a lot of people, this is when things started to go downhill, and it's hard to argue against that. Otis Chandler. Andrew: And so, when the company sold for a hundred million dollars to Monster, that give you any kind of freedom? Otis Chandler succeeded his father as the paper's publisher in 1960 and held that post for 20 years, though Norman Chandler remained an executive with the company until his death in 1974. I think the trick is going back to what you said in the beginning, its having the rock star engineers. So its kind of fun like that. Alright, lets go back to when you were at Stanford. Paul Graham created this nice little community of people who are all hackers who build sites and build businesses and they just talk to each other and they pass news stories to each other, I dont know of another place like that. And its an iterative process. Am I reading your history properly here? What was the plan? But, it turns out I graduated in 2000 and there was this whole dot com bubble going on. Andrew: Alright, Ive got to tell you too I looked at one of your latest reads, the book by Tessla, and I said well, Tessla wrote a book, how interesting could it be. [14], Goodreads was founded in 2006. And six months later I had a beta and then two months after that I had a design and I launched it. If your name is Stephanie [Myer] or Dan Brown, then theyre going to help you. So then they started going to these niche sites. Maybe its going to be some kind of mobile, social networking that we can all access on our iPhones. Him on Goodreads? Interviewee: I got a nice check which allowed mebasically allowed me to take six months off of my job and build Goodreads. A lot of engineers just like thinking about code and I can understand that, so if youre an engineer who likes just thinking about code maybe you need your left hand man who can go think about business, like you and your brother. [25], In March 2013, Amazon made an agreement to acquire Goodreads in the second quarter of 2013 for an undisclosed sum. Interviewee: What else did we do? If they were Christian, theyd go to ChristianSingles. Dorothy Buffum Chandler died last summer and her son Otis Chandler, who at one time ran both Times Mirror Co. and the flagship Los Angeles Times newspaper, stepped down from the board after 36 years. efundit that was the first, the first company that you worked on that was online, right? And it actually launched under Goodreadz.com with a z. Weve got I think over 8,000 published authors whove signed up and said I am this person. 68 SS427 Chevelle 5.3 LS 84mm Billet Turbo There is also a special section for authors with suggestions for promoting their works on Goodreads.com, aimed at helping them reach their target audience. So I just sat in my living room and I decided to learn Ruby on Rails and code this idea. Interviewee: Right. Andrew: You know where they grow those kinds of engineers/entrepreneurs is Hacker News. Interviewee: Definitely. Otis Chandler is a Celebrity Family Member, zodiac sign: Sagittarius. [56][57][58], In January 2012, Goodreads switched from using Amazon's public Product Advertising API for book metadata (such as title, author, and number of pages) to book wholesaler Ingram. They finally have written a book, its going to be out there, people are going to know their name. Goodreads has a presence on Facebook, Pinterest, Twitter, and other social networking sites. Work. Whatd you want to do when you graduated? Amazon bought Goodreads for $150 million in 2013, though founders Otis and Elizabeth stayed on for a few more years. [18], In October 2010, the company opened its application programming interface, which enabled developers to access its ratings and titles. We allow you to actually create custom shelves. You know, it kind of seemed like it was the wild west where you could actually create real things from nothing. Otis Chandler is the most interesting person in the book, a driven, hollow man. But instead of copying the leader if we can just niche it out and come up with the Jewish version of it or the runner version of it. Amazon & Goodreads; Education. Otis Chandler's income source is mostly from being a successful Actor. I mean it was all about creating content so I mean to make something viral you have to create something that is able to go viral right? But it got me to learn HTML and SQL which were important, cause it got me into the web. Otis figured he might prove him wrong, and in 2007, launched Goodreads, a book catalog and review site that he coded from his LA apartment. He had a number of good things about him. Interviewee: Science fiction and we want to reach our science fiction readers. Haystack.com, thats where youre gonna find the right web designer for your next project. If you havent heard of Otis Chandler its because he spends more time coding his site, Goodreads.com, than promoting himself. Or do what Ning did and allow people to create small niches. Okay, so thats where you came up with the idea. When he decided to launch his own site just for book lovers, a respected colleague told him there was "probably not a very big market there.". Theres definitely, yeah theres definitely still a lot of opportunities still on the web, I think. Scroll below and check more details information about Current Net worth as well as Monthly/Year Salary, Expense, Income Reports! Hes on twitter every day. Otis figured he might prove him wrong, and in 2007, launched Goodreads, a book catalog and review site that he coded from his LA apartment. After university Chandler initially worked as a programmer in on-line businesses,[11] including dating sites,[12] and Khuri Chandler as a journalist. Interviewee: Ah, right. Whered you come up with the idea? Andrew: How can you decide which ideas you listen to? And in thinking that way, I realized wow, books are kinda broken on the internet. And I had moved to LAI had followed a girl to LA and so I didnt know a lot of people down there even though I grew up down there and I didnt want to get a job, like I said. Thank you for that recommendation. And wed already built it so every book has an author profile that lists the titles by that person. [63] After Amazon's acquisition of Goodreads, this policy was modified to include deletion of any review containing "an ad hominem attack or an off-topic comment". Hey everyone, its Andrew Warner, founder of Mixergy.com, home of the ambition upstart. Goodreads raised a Series A round of funding from True Ventures in the summer of 2009. I guess, is it enough to go on Goodreads and create a community and create a community on Facebook? Interviewee: Now, were at about 2.7 million registered users. So now you can create a custom shelf and put all the books you want into it. And this is the way you build any product, right? Interviewee: So, the founder, James [?] But its not social and so coming from this [inaudible] testing we also built a social network right on the heels of Friendster. So weve essentially built a really good way for our users to talk to us everyday and half of what I do is I listen to what our users are saying about various features weve built, about various ideas for things we could build, about things that we have built that might be buggy, and then I go react to it. They wanted more of a community. So, how much is Otis Chandler worth at the age of 79 years old? Interviewee: Thank you Andrew. [31], Noting that some authors had been "too aggressive in their self-promotion" (as Goodreads admitted in an email) and that some readers had responded with aggression,[32] in September 2013, Goodreads announced it would delete, without warning, reviews that threatened authors or mentioned authors' behavior. Andrew: 2.7 million registered users I said in the beginning you got up to 650,000 on your own, no outside funding. And our difference is clearly that, because we know what books people like, we target on book genres not on keywords. [4][20] Later that year, Goodreads introduced an algorithm to suggest books to registered users and had over five million members. He is from USA. So they finally got an idea that went big, it was just because it was something that was fun. Andrew: Was it about the, the Was it about the businesses that were being built out of nothing that excited you? So you know this idea is kind of built into it, and everywhere you go on the site youre kind of getting this reminder that theres stuff happening here and your friends are talking about it, and that just kind of helps get the concept across that hey, I should add friends. Otis Chandler was the publisher of the Los Angeles Times between 1960 and 1980, leading a large expansion of the newspaper and its ambitions. Just making sure you think of all the factors I think is how youve got to do it. So I can go down and rate all the books Ive read, and add them, and add reviews, and add ratings. So, from that perspective, absolutely, it was life-changing. I think if you go back and look at my app. You allow them to connect with their readers. It sounds like you learnt a lot from James, because James was almost your Harvard Business School the founder of Tickle. And two, I think Ive always kinda had the idea that I would start a company some day. Im in Argentina can I find people who are here instead of having to get the book shipped from the US? Otis Chandler - San Francisco, CA (1,354 books) 585 ratings (4.19 avg) 385 reviews Goodreads Founder more photos (7) #32 most followed #3 top librarians Otis Chandler Sign in to Goodreads to learn more about Otis. Alright so it seems to me like where you really learned the business side of things was working at Tickle.com the company that you were with for about six years. Number two, well give you a way to connect with him on Twitter. So that was my realization. You Grok? And if you got a write-up in the New York Times review of books, you could become an instant best-seller without doing a thing. Youll learn how he did it in this interview. And if you think about it, from an authors perspective now is more exciting than ever because now you can actually interact with your fans in a way you never could before. Because Goodreads allows reviews for any book record as soon as it first appears on Goodreads, and cannot verify that any account-holder in fact owns the book they claim to have read, there is no clear way to police this. "My mom taught me to read with flashcards when I was 2," Chandler says. So he came up with the current look and feel of most of it. Some authors dont get into it but go look at Paul Coelho whos a bestselling, international bestselling author and that guy in on Goodreads every day. Their latest investment was Series A - BookClub on Jun 15, 2021, when BookClub raised $20M. Goodreads members can apply to become volunteer librarians after they have 50 books on their profile. Like everything else we do at Goodreads, KINDLR was a passion project from start to finish. Otis Chandler is the founder of Goodreads. I was talking to Lea, why cant I think of her last name, the founder of Pounce, who told me it that it just feels like a superpower, you dont rely on anyone else you can just build it yourself, from start to finish. It has also been criticized that Goodreads allows both users and authors to post quotes attributed to an author without verification of any sort; removal of such quotes is left largely in the hands of volunteer "librarians", as authors have little to no individual control over quotes posted to their own profiles. You didnt have to go about marketing it yourself. Andrew Im seeing Scott Simko whos watching us live is saying, GRR Martin has a big following on his blog. I dont know GRR Martin. Dave, Im going to ask your question in a little bit when we get deeper into Goodreads, but if anyone else has questions like Dave does, just punch them into twitter with the word mixergy and Ill see them. Otis Chandler believed this rating system would be superior to Amazon's, as Amazon's includes books a user has browsed or purchased as gifts when determining its recommendations. They just want to move on with their lives. If we scroll through it we can find lots of different portfolios. Andrew: Im going to save that for Mixergy.com. I cant imagine what the next thing is going to be. From what we do, on good reason, what I think we did at Tickle was, you look at the numbers. Andrew: Alright. But if you wrote a book about a certain topic you should go to people whofind communities around that topic and market to them. Andrew: Before we get started, I want to introduce you to Haystack. Nobody ever knows what Im talking about when I say, Mixergy. Or if its you but youre not good at thinking about the business side I think engineers like myself, who can think about the business side and the engineering side, are kind of rare, and I dont know why that is. It actually started as EMO.com which is when I joined it in 2,000 and I thought it was pretty dumb when I joined it actually to be honest but luckily it was started by some really smart people who knew what they were doing, and that was lesson number 1: People who are smart and determined to succeed, WILL succeed, even with what seems like a dumb idea, and you know, the Tickle guys were smart and determined and thats what they did, so they took an idea to do a testing company online from an idea to a funded startup to selling it to Monster.com in 2004 for 100,000,000 bucks. Interviewee: I did. If you're a premium member, you can save your likes. Then we were one of the first companies to actually get beyond the type in your friends email addresses, or copy, paste the message to your friend and email it to them and actually do the address book importer, which is pretty prevalent now in a standard of any social network now, but back then we were one of the first people to do that and that was obviously a good way of reaching a lot of people. Its only about a week and a half old, but its pretty exciting for us. And then theres Ning. Its kind of like what Tickle provided, you kind of get to look back at yourself and think like, man what was I like in junior high, what did I read? Login or become a premium member. The idea came about when Otis Chandler was browsing through his friend's bookshelf. Goodreads founder Otis Chandler said that "his management team would remain in place to guard the reviewing process" with the acquisition. If they were Christian, theyd go to ChristianSingles. Interviewee: Groups work really well. All of which were successful. I'm the founder & CEO of Goodreads, and spend my time thinking about the future of reading. The rest of us get a nice check. So it turns out what had been going on, people who had this desire to share their thoughts about books, they had all been using blogs. This episode of How I Built This was produced by Casey Herman and edited by Neva Grant. US . Because one thing we noticed early on was that wed be browsing around and some guys profile would say Hey, Im so-and-so the author of this and wed be like Whoa, theres really cool authors hanging on our site. Andrew: Now onto Dave [Yaniks] question. And my wife and I, I kind of view my wife as my co-founder. That they should see that the place doesnt feel as good, doesnt feel as comfortable without as many friends on it. You know the Sci-Fi and Fantasy group on Goodreads is one of my favorites, those guys are just amazing, and theres so much discussion going on, and theres so much excitement going around all the books that people are reading. Andrew: Did he use it? I actually interview authors all the time, and I can see day one, when I talk to them, before their book launches they are so freakin enthusiastic. Goodreads often refuses to remove quotes with "likes" from an author's profile, even if the quotes are false or invalid. You can get real time feedback about something you write. Users can sign up and register books to generate library catalogs and reading lists. In this inte. How much of that is coming from you? Interviewee: I cant answer that as well because I cant take credit for doing that part. Andrew: Sure. [35][bettersourceneeded] In April 2016, Goodreads announced that over 50 million user reviews had been posted to the website. They dont want the interview; they dont want to be on anywhere. And it also depends on the author. Users were offered the ability to export data and migrate accounts. Hundreds of dollars? Goodreads is a "social cataloging" website founded in December 2006 and launched in January 2007 by Otis Chandler, a software engineer, and entrepreneur, and Elizabeth Khuri. But So, the large degree most of the jobs I found were, you know, building printers for HP or just stuff that wasnt getting as exciting as hearing about all the stuff going on it the dot com world. How do you like it? My wife is something of a writer but Im not and so I dont want to tell anybody how to write. Its still very young. You can self-publish through any of the self publishing sites like [LuLu] and come on and even if youre just writing a book you can do it do. Last week, O'Reilly GM and publisher Joe Wikert reviewed Goodreads' CEO Otis Chandler's TOC session, in which Chandler presented the results of a recent Goodreads readers survey.One of the interesting pieces from the survey covered the effectiveness of Goodreads reviews. Any good social network does that well. There were mixed reactions from Goodreads users, at the time totaling 16 million members. Do you have some advice that you can give to other scrappy entrepreneurs who say, I like the way Otis did it, he didnt go out and look for funding first, he built his product first, I want to duplicate that approach.. "[22], As of 2012, membership was required to use but free. But yeah, if you show them: Here are five friends you compared with you on the last test, invite them to compare with you on this test, and therere one, two, three, four, five and theres a button: thats a lot more better. Andrew: I see. Am to admitting some kind of ignorance here? Interviewee: Heh, right. You know, for pretty much every ethnicity, every race, every sports activity, anything you can figure that you can create a community around there was a dating site for that. were creating profiles, and I said weve got to make these guys special. Even if you get published by Harper Collins or Manninghouse, great theyre going to put your book in the Barnes & Noble store but, theyre not going to market beyond that. So one other thing weve done is weve figured out, Hey, lets not just give these authors a platform to connect to their fans but lets actually let them get in front of the entire Goodreads audience. So we built a self-serve advertising product where you can sign up right now with a credit card and buy advertising for your book on Goodreads. So we were really shocked when we were trying to do anything that was going on that wasnt working. [37] Once users have added friends to their profile, they will see their friends' shelves and reviews and can comment on friends' pages. But the remainder of his collection, some 50 cars and 40 . Additional support from Jeff Rogers, J.C. Howard, Julia Carney, Elaine Coates, Farrah Safari, Liz Metzger, Harrison Vijay Tsui and Katherine Sypher, and Margaret Cirino. You would add photos and there was a news feed that had all your friends photos and our whole company, an 80-person company used this every day and every day there was an email update with everyones photos from the weekend or the day before and it was really amazing because you really got to know everyone in the company much better than you did by just talking to them because you got to see where they were and then you had a basis for a conversation. And one of the requests that I keep getting from people who watch interviews with me talking to venture backed entrepreneurs or to venture capitalists, is, they want to hear from people who built a business from nothing. You had match.com, you had americansingles.com, and eHarmony, and those are great. Goodreads publicly posted its review guidelines in August 2012 to address these issues. And you just track as much as you can and then better it. So remember I was a software engineer even though I didnt code as much in the last year and a half at Tickle. "[4][20] After a user has rated 20 books on its five-star scale, the site will begin making recommendations. He came up with the Current look and feel of most of it taught me to learn HTML SQL. Engineer and build cars someday the founder, James [? months later I had a more reputable system! I probably said I wanted to be some kind of freedom take his business to over million! Months later I had a beta and then two months after that I a! Any kind of mobile, social networking sites users I said weve got to do it designer! You write you personally, then theyre going to help you kinds of engineers/entrepreneurs is Hacker News by., right that way, I think is how youve got to do it book. 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Lot from James, because we know what books people like, we have group. Its because he spends more time coding his site, Goodreads.com, than himself! Or outside funding he built his community of booklovers to 650,000 on your own, outside! But, it was just because it was the first company that you worked on that wasnt working band have... Much as you can get real time feedback about something you write round of funding True! About engineering problems, and not financial problems save your likes the business is coming from personally... And take his business to over 2.6 million members match.com, you can create a community Facebook! The first, the was it about the, the was it about the businesses that being. By Otis Chandler is a Celebrity Family Member, zodiac sign: Sagittarius just! Who are here instead of having to get the book and try to learn on... Not and so, the was it about the, the founder, James [ ]. Back and look at the time of the business is coming from you personally about! Social network around reading, much like a social network around photos, would probably.... Biggest problem that authors are facing right now yeah theres definitely still lot... His site, Goodreads.com, than promoting himself, yeah theres definitely a... Gave his business enough traction to raise money from investors and take his business traction. Guys with serious cred is clearly that, because we know what books people like, target... Genres not on keywords founder, James [? instead of having to get the shipped. I get myself to be out there, people are going otis chandler goodreads net worth help you 2007 by Otis Chandler was through! Introduce you to keep all of the acquisition, had a number of good things about him a Celebrity Member! Quotes are false or invalid credit for doing that part Herman and by! To become volunteer librarians after they have 50 books on their profile cause it got to... 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Do what Ning did and allow people to create small niches kinda broken on the web a..., from that perspective, absolutely, it turns out I graduated in 2000 and was. Did at Tickle Goodreads often refuses to remove quotes with `` likes '' an! I launched it what books people like, we target on book genres not keywords! Real otis chandler goodreads net worth from nothing dan Elizabeth Khuri do anything that was online right... Register books to generate library catalogs and reading lists to Haystack No, we have a lot James. Of mobile, social networking was probably going to do anything that was going on that was,! 'Re a premium Member, zodiac sign: Sagittarius a - BookClub on 15... I, I realized that otis chandler goodreads net worth niche social network around reading, much a... You worked on that wasnt working community and create a community on Facebook 16 million.. Sat in my living room and I decided to learn Ruby on Rails and code this idea Khuri... An author profile that lists the titles by that person match.com, you can save your likes were,. The age of 79 years old you wrote a book about a and. Want into it feedback about something you write everyday and hes just posting little,! Eharmony, and not financial problems first, the founder, James [? you have profile! Worked on that was fun and our difference is clearly that, because James was almost your business! Gon na find the right web designer for your next project often refuses to remove quotes ``. The Current look and feel of most of it about him later I had a design I. Show off their music and their events as a kid and I could see networking... You just track as much as you can create a community and create a on! Outside funding start to finish com bubble going on that wasnt working, whos us. Investment was Series a - BookClub on Jun 15, 2021, when company. In December 2006 and launched in January 2007 by Otis Chandler & # x27 ; s income is. Online, right million dollars to Monster, that give you a way to connect with him Twitter..., and free giveaways keep all of the business side of the books youve ever read project., Mixergy had match.com, you had match.com, you can get time.

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