In the last decade, in research libraries, we have seen a shift in emphasis from print to electronic. Although print resources remain a critical part of research collections, there is increased pressure on most campuses to either cap or reduce the library’s footprint for print. At the same time, with the development of Google Books, the Internet Archive, and the HathiTrust, we have seen the emergence of true print surrogate collections in the cloud. Likewise we are also seeing a genuine push to develop shared print repositories at the regional or national level. Electronic collections, collections in the cloud, and shared print repositories have forced us to rethink “what is a collection” and how we build it.