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Scribd Acquires SlideShare from LinkedIn in Surprise Move

SlideShare has changed hands for the second time now, having bought out from LinkedIn at an undisclosed price. As per news reports, the presentation-sharing platform now has a new owner in the form of rival Scribd. LinkedIn has released an official statement saying that Scribd will officially take over operations from September 24th. Here’s a look at how the acquisition came to be, and what it means for the business.

Common Missions and Goals

Trip Adler, who serves as the CEO of Scribd, stated that both the companies share a lot of values and ideas, both having similar journeys and backgrounds. Both the presentation-sharing platforms started in 2006-2007, announcing their arrival through TechCrunch, and both the companies share similar roles and responsibilities. The CEO stated that the companies share a joint mission, both being involved with presentation and document sharing. The major difference being that while SlideShare focused on PowerPoint presentations, Scribd developed PDFs and Word Doc files. Also, while SlideShare marketed more towards the business users, Scribd was more concerned with the general consumers.

Trip Adler
Image source: Wikipedia

Differences Later On 

Over the years though the companies drifted apart naturally, as a result of mergers, acquisitions, and a general change in strategy. LinkedIn acquired SlideShare in 2012, and four years later joined with Microsoft through an acquisition. Meanwhile, Scribd branched out into a Netflix-style subscription model for both e-books and audiobooks. However, Adler reaffirmed that for Scribd, both the premium and user-generated sides were crucial. 

Opportunity Arises

Hence, when both Microsoft and LinkedIn came to Scribd regarding an acquisition, Adler was very interested. He saw it as an opportunity to expand the company’s user base further. Scribd feels that having SlideShare on board will help them develop their document side, by integrating with their product, SlideShare’s vast content library. SlideShare, owing to its huge popularity, has over 40 million presentations on it and enjoys a user base of over 100 million unique visitors every month.

Adler believes that the acquisition will help Scribd leverage both SlideShare’s audience and content, helping Scribd grow exponentially. Furthermore, Adler also believes that Scribd can benefit from integrating SlideShare’s technology with its own. While Scribd will not be adding employees to its roster, it will not oversee the operations of the existing SlideShare team. Furthermore, SlideShare will continue as an independent service, and will not merge with Scribd to form one platform. He also hopes that the platform’s integration with LinkedIn too will remain as strong as it is now. Adler also made it clear that there will be no changes in the initial months, as decades’ worth of experience has given the team enough insight to know how to turn SlideShare genuinely successful.

LinkedIn’s Acquisition

LinkedIn took over the content and document sharing platform SlideShare in 2012, for $119 million split as both stock and cash. SlideShare is a massively popular document and presentation sharing website that even the likes of IBM use to curate their content. After the signing of the deal, the companies mentioned that their relationship was like that of Peanut Butter and Chocolate, as they were mutually complementary. The deal, worth slightly less than $119 million will be split 45% through cash and the remaining 55% through stock. Four years later, in December 2016, Microsoft acquired LinkedIn for a whopping $26.2 billion.

SlideShare’s Competitors

Some of SlideShare and Scribd’s most significant competitors include the following presentation sharing platforms.

  • SharePresentation is a high-quality web platform that supports the uploading and sharing of various kinds of presentations and documents. The platform offers a variety of functions and services that allow users to share information and improve their reach significantly.
  • Authorstream is another online document management and sharing platform that allows users to share their work with the world. It supports various multi-functional features, has an intuitive interface that is simple and easy to use.

VP of Engineering at LinkedIn, Chris Pruett released a statement highlighting the work that LinkedIn had done on the platform after acquiring it. LinkedIn took over SlideShare in 2012 to build its platform and make it more suitable for business professionals. The collaboration with SlideShare has helped the platform engage the community, and shape its content management and experience. As a new future awaits SlideShare, we will have to wait and see how Scribd develops and takes the platform forward.

Download documents from Scribd without uploading or paying for downloads

Many of you must be aware of the fact that document sharing website Scribd now ask users to either upload  a document or buy monthly/yearly download pass which costs from $5 to $59  to download the documents  because of archive feature which was rolled out last year.

Scribd never pays the actual authors or content uploader for such downloads. There are thousands of good documents on Scribd and most of them will not download until  you pay for the download pass or upload a document as mentioned in the screen shot above.

However, there is a simple hack using which can download documents (Obviously only those for which download is allowed) without paying for the download pass or uploading a document. This is possible via Scribd’s mobile website. Here you go:

  1. Open Scribd using your mobile device
  2. Search for the document and click “Download now” button
  3.  Download now button on  mobile device doesn’t ask for any upload or download pass. Download starts as soon as you click download.
  4. If you don’t have mobile device, download is till possible by using http://www.scribd.com/mobile/ URL on your laptop or desktop
  5. Let’s say you have searched a document on scribd.com on your desktop or laptop  with URL http://www.scribd.com/doc/37644657/Function-Point
  6. Copy the document ID from the URL (In this case it is  37644657) and append at the end after ‘documents’ http://www.scribd.com/mobile/documents/ to make it http://www.scribd.com/mobile/documents/37644657. You will now see the option to download the PDF file which allows you to download without uploading or paying for the download.

Go, download your favorite e-books, PDFs before Scribd puts validations on mobile version of the website too.