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Chegg, Inc., is an American education technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services. [2] The company was launched in 2006, and began trading publicly on the New York Stock Exchange in November 2013.
Chegg expanded from textbook rental into a portfolio of student services under his leadership, transforming Chegg's digital assets to meet student needs. Rosensweig is a proponent of mentoring, and of workplace equality. He is an investor in many Silicon Valley companies, including Rent The Runway and Reputation.com.
Textbook rentals aren't new. WalletPop has covered several third party companies such as Chegg.com, which rent textbooks to users at prices far below retail for college book rentals, but now ...
Chegg is a student hub that offers a variety of digital services for students in addition to the ability to buy, rent or sell books. Save money on textbooks, save time on studying with Chegg Skip ...
It has since been purchased by Chegg, a textbook-rental company, for $3.7M in equity and undisclosed cash. Notehall.com was later integrated into the Chegg Homework Help site. Notehall.com was later integrated into the Chegg Homework Help site.
Jefferies Equity Analyst Brent Thill breaks down the slowdown textbook distributor Chegg is experiencing as sentiment towards the education sector worsens. Low enrollments are crushing textbook ...
BookRenter initially received financing from several venture capital firms in Silicon Valley. In 2009, it announced a Series A round of $6 million, [12] raised from Storm Ventures and Adams Capital Management, then Norwest Venture Partners led the Series B round of $10 million, which included participation from prior investors Storm Ventures and Adams Capital Management.
Chegg stock has lost nearly 70% over the last year and has been roughly cut in half in 2024. From its peak in 2021, the stock is down over 95%. Since the launch of ChatGPT in late 2022 the company ...
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