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 95

Chegg Company Software Study 95

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 66

Chegg Company Training Data 66

Edsurge

JULY 30, 2018

Investing is humbling because we inevitably miss out on or pass on companies that go on to achieve great success in realizing their mission. based firm has established itself as a familiar name within the education technology industry. For Reach, they include Sesame Workshop and TAL Education, a Chinese education company. “We

Blendspace 67

Blendspace Chegg Technology Education 67

Edsurge

APRIL 26, 2019

Print textbooks are the eternal punching bag for the things people think technology should render obsolete. From 2011 to 2014, U.S. spending on PreK-12 instructional technology steadily ticked upwards, from $2.6 The company has invested in a partner rental program that should reach 400 titles in the second half of this year.

Chegg 163

Chegg Software Industry Company 163

Edsurge

JULY 24, 2017

edtech companies last year, the dollars returned with a fury during the first six months of 2017. Several private-equity-backed companies have invested heavily in the “platform” approach. PowerSchool, owned by Vista Equity Partners, has acquired eight companies since June 2015. The bull is back—or is it? Round Size.

EdTech 105

EdTech Chegg Kaplan Coursera 105

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. SMART Technologies.

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. Colleges were spending millions networking classrooms and residence halls, and I wondered about the absence of technology in the “front office” for teaching and learning. The idea was simple.

Blackboard 109

Blackboard Company Pearson LMS 109