Edsurge

MARCH 27, 2019

Chegg , a publicly-traded provider of textbook rentals and online student services, has closed a $700 million convertible note offering that, after taking expenses into consideration, should give the company an additional $682.7 A portion of this sum will be used by the company for stock repurchases. million in cash.

Chegg 91

Chegg Company Software Study 91

Edsurge

NOVEMBER 12, 2019

A switch in distributors for Chegg’s legacy textbook sales and rentals business reflects, in a way, how the more things change, the more they stay the same. Back in 2014, more competition from Amazon had led the Santa Clara, Calif-based Chegg to a deal with book distributor Ingram Content Group. at market close Nov. 5 to $34.81

Chegg 64

Chegg Company Training Data 64

Edsurge

JULY 30, 2018

And now that Reach Capital is done fundraising, it will return its focus to evaluating pitches from education entrepreneurs, all vying for a piece of Reach’s new $82 million fund. Investing is humbling because we inevitably miss out on or pass on companies that go on to achieve great success in realizing their mission.

Blendspace 64

Blendspace Chegg Technology Education 64

Edsurge

APRIL 26, 2019

Not so fast, say education publishers and retailers. Instead, educators asked how quickly it could print out materials. From 2011 to 2014, U.S. higher education courseware in 2015, down from 50 percent the year before, according to a 2018 report from Macquarie, an investment bank and financial services company.

Chegg 158

Chegg Software Industry Pearson 158

Edsurge

JULY 24, 2017

edtech companies last year, the dollars returned with a fury during the first six months of 2017. put $150 million in Hero K12 , and Bain Capital, whose Double Impact Fund is on the hunt for promising (and lucrative) education teams. Several private-equity-backed companies have invested heavily in the “platform” approach.

EdTech 93

EdTech Chegg Kaplan Coursera 93

Edsurge

AUGUST 23, 2016

Now pretend that it’s late 2011, and we get into a debate about education technology. I’m excited for the industry’s future, and I think we can make money investing in publicly-traded edtech companies. Vanguard index fund which tracks the biggest companies on the NYSE and NASDAQ exchanges. Our Basket of Edtech Stocks: 2U.

EdTech 60

EdTech Pearson Chegg Company 60

Edsurge

MAY 2, 2017

As origin stories go, the founding of Blackboard twenty years ago lacked that single light bulb moment that tech companies like to tell. Here are some lessons I learned about what makes the higher education market unique. The winner of the LMS market would be the company with the most widely adopted platform.

Blackboard 98

Blackboard Company Pearson LMS 98