The Convoluted Profits of Academic Publishing

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Richard Price always had an entrepreneurial bent. He started a cake business in his mum’s kitchen during a summer break from his doctoral program at Oxford, eventually converting it into a sandwich-delivery service after realizing people only ate cake once a week. Then, when one of his philosophy papers took three years to get published, Price channeled his business interests into a new venture aimed at streamlining that academic process.

After finishing his DPhil (the English equivalent of a Ph.D.), Price raised venture capital in London and moved to San Francisco to start Academia.edu in 2008.

More here.

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