LibraryThing and Abebooks… The Deal

LibraryThing is getting a partner. The partner is Abebooks.com, the Canadian company that matches booksellers with booklovers. Abe has taken a minority (40%) share of the company; Tim retains 60% and majority control. With the financial security and resources Abe brings to the table, LibraryThing’s future looks very bright—increased membership, decent servers and two-three employees working on exciting new features.