Currently, they already have about 120,000 users on their platform, and are active in about 80 campuses - pretty impressive, considering they only launched in March 2014. StudySoup takes a 50% cut of the earnings, which goes towards the running and maintenance of the site. The best notetakers are invited by StudySoup to become Elite Notetakers, which means they earn more from each set of notes they share. But that’s not all: those who share their notes on the platform stand to earn money from it, while those who need help must pay for the notes they download. It essentially allows students to post their study materials on the platform, while those seeking help can download these notes. Initially launched in the US by founders Sieva Kozinsky and Jeff Silverman, the website calls itself a “peer-to-peer learning marketplace”. You know how there’s always that one person in class who makes the best notes? Or the one who always manages to spot the right topics for the exams? Yup, these people - as well as other regular (read: struggling) students like the rest of us - are kind of the reason for StudySoup’s existence. One platform, StudySoup, wants to make this, a thing of the past. You know how it goes: your teacher might have a really thick accent, handouts might be too difficult to understand, or there might just be more pressing issues to attend to (like finishing up your tutorial for the following class).Įven when you do successfully manage to scribble down some of the stuff your professor is saying, you just know that you’ll dread looking through them again later, because they might be too messy for you to want to attempt reading them at all.
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