Kara Swisher goes to Chegg headquarters to meet the Chegg team and interview Dan Rosensweig. As I reported first on Chegg plans to go public, Dan Rosensweig was hired to take Chegg to the next level including an IPO.
Dan Rosensweig was hired to take Chegg public. Chegg is doing extremely well in the revenue department. The rational for Rosenweig is that Chegg will go public
Chegg has hit a home run both in terms of business growth and in terms of revenue. Chegg is building a big durable business. The company has been on track to do more than $150 million in revenues in 2010.
Chegg lets students rent as many textbooks as they like with just a few clicks. Books are delivered in less than a week. Renting textbooks through Chegg not only saves students a significant amount off their textbook bills, but it also eliminates the hassle of waiting in long lines at the bookstore.
Here is Kara Swisher’s visit to Chegg’s headquarters in Santa Clara:
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