Chegg files for IPO; seeks $150m

Andrew Nusca, , Aug 15, 2013
Commentary by Stephen Downes

"Chegg, the eight-year-old California company that started as an educational textbook rental service but blossomed into an online learning hub, today filed for an initial public offering... Chegg is seeking $150 million for its educational platform, which offers (digital and printed) textbook rentals and sales, homework assistance, online courses and scholarship services." Another example of the histed platform model turning into a viable business.

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