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SAN FRANCISCO – January 18, 2010 – Scribd, the largest social publishing company
in the world, today announced that David O. Sacks, respected entrepreneur, product
visionary and founder of Geni and Yammer, was elected to Scribd’s board of directors.
Sacks is also the former chief operating officer and product strategist for PayPal prior to
its acquisition by eBay in 2002 for $1.5 billion. Other board members include Scribd
founders Trip Adler and Jared Friedman, Redpoint Ventures' founding partner Geoff
Yang and Charles River Ventures' general partner Bill Tai.
“Scribd has made tremendous strides in its three-year history, shaking up established
industries and providing consumers with an invaluable service," said Sacks. "I look
forward to working with Scribd's talented management team to help them capitalize on
the company's ever-growing market opportunities."