The idea of founding the Wuolah note exchange platform came from four Sevillian university students in 2015. They wanted to offer the best notes and it occurred to them to create a container that today is a real business. They claim that one in three Spanish university students (500,000) uses their network; that in Andalusian universities those registered exceed 75% of undergraduate students, and that it is making its way in the rest of Spain (61% in the Complutense University or 31% in the Rey Juan Carlos University). A walk through any university library during exam time, already before the pandemic, gave an idea of the invasion of its downloads. In Wuolah there are four million documents uploaded by 100,000 different people. The ESO and Baccalaureate students, say the creators of the website, are also joining the initiative.
Whoever uploads content the company pays an amount conditioned by the number of downloads. And the user can download the notes without advertising if he pays a bonus or with ads if he does not. The documentation of each university is organized by courses and subjects. “My notes are very good and I need some money, the university’s thirds are cheap, but not free”, encourages her colleagues Gloria, a student of Sound Engineering in Madrid. His idea is to get pocket money. It has achieved 42 downloads that have reverted 1.63 euros for the advertising it has inserted. Users can start charging when they exceed 20 euros generated.
Enrique Ruiz, one of the founders of Wuolah, explains that “good users already earn around 100 euros per month”. “We work so that in two years they reach 1,000 euros a month,” he says. Many students get tired before reaching 20 euros in downloads that allow them to start charging. It has been achieved by 9%. The company, sponsored by the business accelerator of the Junta de Andalucía and the businessman Juan Roig, owner of Mercadona, is going to add the video format. Those responsible claim that the youtubers who create training content move to Wuolah “to impact a more localized and delimited community of students,” continues Ruiz, 30.