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Chegg The numbers: For the second quarter, ended June 30, Chegg reported an adjusted EBITDA of $31.1 Later this year, Chegg will start testing a bundled product that includes its Study, Math Solver and EasyBib Plus products for a substantial subscription discount, fully deploying the bundle in 2020. Chegg now has about $1.1 MORE
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. Ingram bought Chegg’s textbook inventory to sell and distribute, and the companies shared the revenues. million, with most of the growth in Chegg’s digital services business. MORE
The post Education Company Chegg Acknowledges Data Breach, Puts 40 Million Users on Notice appeared first on Market Brief. Marketplace K-12 Business Strategy Chegg Data PrivacyThe online textbook and tutoring company said it was notifying users, and regulators, of a massive data breach. MORE
A fellow publicly traded education technology company, Chegg, has promised low-cost courses with its own bootcamp acquisition, Thinkful. Our business with Trilogy is at a scale and doing it with university partners in a way that no one else in the market is doing,” Paucek said in response to an analyst’s question about Chegg. MORE
Chegg , based in Santa Clara, Calif., To be clear, this is not a new perk for Chegg employees. Since 2015, Chegg has offered $1,000 in cash to employees to use toward student debt, according to Jenny Braundemuehl, the company’s chief people officer. Chegg has set aside a pool of shares, from which it gives an employee a stock grant with taxes withheld as income. Paying off student loans has become the new cool. Last month, billionaire Robert F. MORE
Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. What made the offer from Chegg appealing, Ramirez said, “is the opportunity not just to be an isolated component of students’ work, but to simplify the student experience and provide them with more of what they need to succeed in college.” The acquisition by Chegg is the kind of outcome that entrepreneurs and investors have long hoped to see in the edtech world. MORE
Learning platform provider Chegg announced its acquisition of Cogeon, and ed-tech investor Owl Ventures closed an $185 million funding round. The post Chegg, Fuel Education Announce Acquisitions; Owl Raises $185M appeared first on Market Brief. Marketplace K-12 Educational Technology/Ed-Tech Games / Apps International / Global Markets Investment / Venture Capital K-12 Dealmaking Online / Virtual Learning Software / Hardware Startups MORE
The month of May kicked off with a significant number of deals in the ed-tech sector, including acquisitions by Chegg and ACT, Inc. Chegg Acquires Imagine Easy Solutions: The learning platform provider has acquired Imagine Easy Solutions , the provider of EasyBib.com and other writing tools, for approximately $42 million in an all-cash transaction, Santa Clara, Calif.-based based Chegg said in a statement. MORE
Online tests have also meant a booming business for companies that sell homework and test answers, including Chegg and Course Hero. a month, Chegg is offering a new service that provides fast answers to math problems submitted by smartphone camera, step-by-step solution included. MORE
Other investors include education technology executives, like Penn Foster CEO Frank Britt and Chegg CEO Dan Rosensweig, along with Zynga founder Mark Pincus and Flatiron Health CEO, Nat Turner. The allure of “tech jobs” and the salaries they command have given rise to new industries, from coding bootcamps to specialized recruiters. Yet the likes of Google and Facebook sometimes overshadow sectors that have been—and remain—core to the American economy: industrial manufacturing. MORE
The most recent of these, the writing feedback assistant WriteLab, was acquired by Chegg , a publicly-traded education company, for $15 million. WriteLab (Chegg). Raising money, Shauntel Garvey admits, is not her favorite activity. It’s usually more fun to be on the other side of the table, reviewing pitches—rather than pitching. MORE
In this week’s dealmaking news, a handful of education companies were acquired; Follett acquired adaptive learning platform Fishtree and Chegg acquired online studying platform StudyBlue. The post K-12 Dealmaking: Follett, Chegg, Golden Gate Capital Make Acquisitions appeared first on Market Brief. Marketplace K-12 Educational Technology/Ed-Tech Investment / Venture Capital K-12 Dealmaking Mergers and Acquisitions study platforms MORE
Goldman, vice president of textbooks and e-books at Chegg, a student services provider that notably sold its print textbook inventory to Ingram in 2015, adoption of digital materials among students has been slower than he predicted. “I’m Print textbooks are the eternal punching bag for the things people think technology should render obsolete. Technologists from Thomas Edison and Steve Jobs, almost a century apart, have predicted their demise. MORE
Chegg , a Santa Clara, Calif.-based The acquisition will cost Chegg about $80 million in cash for Thinkful, with possible additional payments of up to $20 million in cash or stock based on performance, according to a statement Wednesday. Chegg had been holding onto $1.1 For Chegg, founded in 2005, this latest acquisition will expand its direct-to-student learning platform and add more technology career courses. MORE
Chegg Tutors - A fantastic site for students to find a tutor in any subject. Over the last few years online tutoring sites have really boosted in popularity. The reason for this is people just don't have the time or the money to spend at an actual tutoring center. Online Tutoring is an ideal solution, as it can be done at home on a computer or mobile device and is usually a much cheaper alternative. MORE
Chegg Tutors —A fantastic site for students to find a tutor in any subject. Online tutoring has grown in popularity and is ideal for many—it’s flexible and usually much less expensive than tutoring centers. Educators who tutor online can earn extra money doing what they love from the comfort of home on their own schedule. And students like being able to choose courses that work for them. David Kapuler provides the following list, in alphabetical order, of 10 top online tutoring sites. MORE
That’s an example of a request that can be found on online tutoring services like Chegg, as shared by a senior data scientist at the company, Sanghamitra Deb. Yet this is the kind of “help” that Chegg’s tutoring service can sometimes be used for. Among the services that the publicly-traded digital education company offers is Chegg Tutors, which matches students with tutors who help them one-on-one in a variety of subjects, such as physics and French. MORE
At about the same time, though, Rutgers officials sent out an email to all faculty at the university, warning about Course Hero and another service, Chegg, where students were posting faculty tests and exams without permission. “We One of the other giants of the study-aid world, Chegg, has also come under criticism by professors. Chegg, meanwhile, argues that the professor’s situation is an anomaly, and that it has safeguards to prevent students from simply uploading their exams. “We MORE
Joseph Ching, a junior at Purdue University, says many of his professors have warned students not to use sites like Chegg, where students are posting homework and quiz questions and getting answers from tutors. I reached out to Chegg, and sure enough, business there is booming. MORE
In today’s post we are sharing with you two interesting citation generators from Chegg students can use to help them with crediting the sources they include in their research papers. These tools.read more MORE
Cheating on Chegg? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help. As students and faculty alike take some well-deserved rest and reflect over the holidays, we’re taking a look back at what stories you read and shared the most over the last year. MORE
Tell me a little bit about some of your recent partnerships with companies such as Chegg. Chegg provides, amongst other things, tutoring services. I think Chegg is doing well in that. It’s been about five years since Cengage Learning filed for bankruptcy , stumbling under the weight of shrinking print sales, a rough transition to digital and too much debt. MORE
Chegg, which offers online homework help and other support services for students, has seen its stock soar since the pandemic. What comes after a unicorn? Indian online education startup Byju’s, which already reached the billion-dollar valuation from private investors in 2018, can now claim a new distinction: “decacorn.” That’s the industry lingo for companies valued at $10 billion or more. It’s an ultra-exclusive club of two dozen companies across the world, according to CB Insights. MORE
A sizable portion of CreatorUp’s clients come from the education industry, including Cengage and Chegg, as well as community colleges and universities. While content may be king, content creators sometimes struggle to pay the bills. Cue CreatorUp , which aims to equip aspiring creative professionals with the digital media skills they need to find work. MORE
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 Chegg spokesman declined to comment or share additional details. LLC, Barrington Research and Northland Capital Markets were initial purchasers of the Chegg notes. Chegg also bought math software developer, Math 42 ($15 million.) MORE
Chegg The bottom line: Chegg’s first quarter delighted investors. Fueling that growth is Chegg Services, which brought in just over $100 million in revenue last quarter, a 33 percent increase over Q1 2019. That growth offset declines in advertising revenues, said Chegg’s chief financial officer, Andy Brown in prepared remarks for an earnings call. As such, it is difficult to predict how much, if any, of Chegg's first half momentum will continue.” MORE
Gonzalez’s firm last invested in student services provider Chegg, but hadn’t found another education company that piqued his interest until his firm started talks with Platzi. Before they founded a company together, Freddy Vega and Christian Van Der Henst were rivals. They had two different companies that provided services to Flash programmers until a combination of the programming language’s decline in popularity with the global recession killed business in the early 2010s. MORE
Website Review: Chegg. It’s not enough to share information with students. Unless they have an eidetic memory, much of what they see/hear/taste/smell never reaches long term memory. For that, students require study. That includes note-taking and review in a variety of formats to touch the varied approaches to learning. Here are three apps I find helpful with students. They are flexible, scalable, and as a group, address a variety of learning approaches students use. MORE
College students are turning to digital tutoring platforms like Chegg and online course providers like Coursera, both of which have performed well over the last few months. For example, Chegg outperformed forecasts by hitting $132 million in revenue in the first quarter of 2020, a 35 percent increase from the same period last year. The pandemic came early to Seattle. By mid-March, schools closed, sending students home to figure out how to keep learning from their kitchen tables. MORE
Its biggest institutional shareholder is Insight Venture Partners, a private equity firm whose education portfolio also includes Chegg, Instructure and Pluralsight—three companies that have gone public. It’s out of the ordinary when Nearpod buys a company. Today it’s adding Flocabulary, to bring hip hop to the library. If Alex Rappaport, the co-founder and CEO of Flocabulary , had to bust a rhyme about the deal, that’s how it might go. (We We asked, but he declined.) MORE
Over the years, GSV has invested in the likes of Facebook, Spotify and Twitter alongside education companies including Chegg and Coursera. GSV is making a new investment in education. But this time, it’s not pouring money into a startup or a conference. Instead, the edtech investment firm is helping to launch a new online MBA program focused on entrepreneurship. Its partner? A small, Christian college in Jackson, Mississippi. MORE
Many of its services are similar to those offered by Chegg, a publicly traded education company that has also seen a meteoric growth in usage and revenue since the pandemic hit. When Course Hero raised $10 million in early February, the amount seemed curiously small for $1.1 MORE
In today’s post we are sharing with you two interesting citation generators from Chegg students can use to help them with crediting the sources they include in their research papers. These tools.read more. citation tools MORE
A handful of education companies, including Chegg and Boxlight. The post K-12 Dealmaking: Chegg, Boxlight Make Education-Related Acquisitions appeared first on Market Brief. announced acquisitions this week. Marketplace K-12 Educational Technology/Ed-Tech K-12 Dealmaking Mergers and Acquisitions Startups MORE
Chegg has long be one of my favorite sites for buying, selling, or renting textbooks/eBooks as well as finding homework help. Chegg has acquired StudyBlue which was one of the world's leading flashcard creators for education. I highly recommend checking out Chegg Prep by clicking here !!! Recently, they just announced the launch of their new site Cheg Prep, which is fantastic for creating and finding flashcards. MORE
Chegg Related Topics Edsurge
SEPTEMBER 4, 2019
Chegg , a Santa Clara, Calif.-based The acquisition will cost Chegg about $80 million in cash for Thinkful, with possible additional payments of up to $20 million in cash or stock based on performance, according to a statement Wednesday. Chegg had been holding onto $1.1 For Chegg, founded in 2005, this latest acquisition will expand its direct-to-student learning platform and add more technology career courses.
Technology Tidbits
SEPTEMBER 12, 2019
Chegg has long be one of my favorite sites for buying, selling, or renting textbooks/eBooks as well as finding homework help. Chegg has acquired StudyBlue which was one of the world's leading flashcard creators for education. I highly recommend checking out Chegg Prep by clicking here !!! Recently, they just announced the launch of their new site Cheg Prep, which is fantastic for creating and finding flashcards.
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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. Ingram bought Chegg’s textbook inventory to sell and distribute, and the companies shared the revenues. million, with most of the growth in Chegg’s digital services business.
Marketplace K-12
OCTOBER 3, 2018
The post Education Company Chegg Acknowledges Data Breach, Puts 40 Million Users on Notice appeared first on Market Brief. Marketplace K-12 Business Strategy Chegg Data PrivacyThe online textbook and tutoring company said it was notifying users, and regulators, of a massive data breach.
Edsurge
JUNE 6, 2019
Chegg , based in Santa Clara, Calif., To be clear, this is not a new perk for Chegg employees. Since 2015, Chegg has offered $1,000 in cash to employees to use toward student debt, according to Jenny Braundemuehl, the company’s chief people officer. Chegg has set aside a pool of shares, from which it gives an employee a stock grant with taxes withheld as income. Paying off student loans has become the new cool. Last month, billionaire Robert F.
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 Chegg spokesman declined to comment or share additional details. LLC, Barrington Research and Northland Capital Markets were initial purchasers of the Chegg notes. Chegg also bought math software developer, Math 42 ($15 million.)
Edsurge
AUGUST 21, 2019
Chegg The numbers: For the second quarter, ended June 30, Chegg reported an adjusted EBITDA of $31.1 Later this year, Chegg will start testing a bundled product that includes its Study, Math Solver and EasyBib Plus products for a substantial subscription discount, fully deploying the bundle in 2020. Chegg now has about $1.1
Marketplace K-12
JULY 18, 2018
In this week’s dealmaking news, a handful of education companies were acquired; Follett acquired adaptive learning platform Fishtree and Chegg acquired online studying platform StudyBlue. The post K-12 Dealmaking: Follett, Chegg, Golden Gate Capital Make Acquisitions appeared first on Market Brief. Marketplace K-12 Educational Technology/Ed-Tech Investment / Venture Capital K-12 Dealmaking Mergers and Acquisitions study platforms
Marketplace K-12
MAY 18, 2018
A handful of education companies, including Chegg and Boxlight. The post K-12 Dealmaking: Chegg, Boxlight Make Education-Related Acquisitions appeared first on Market Brief. announced acquisitions this week. Marketplace K-12 Educational Technology/Ed-Tech K-12 Dealmaking Mergers and Acquisitions Startups
Edsurge
MAY 16, 2018
Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. What made the offer from Chegg appealing, Ramirez said, “is the opportunity not just to be an isolated component of students’ work, but to simplify the student experience and provide them with more of what they need to succeed in college.” The acquisition by Chegg is the kind of outcome that entrepreneurs and investors have long hoped to see in the edtech world.
Marketplace K-12
OCTOBER 23, 2017
Learning platform provider Chegg announced its acquisition of Cogeon, and ed-tech investor Owl Ventures closed an $185 million funding round. The post Chegg, Fuel Education Announce Acquisitions; Owl Raises $185M appeared first on Market Brief. Marketplace K-12 Educational Technology/Ed-Tech Games / Apps International / Global Markets Investment / Venture Capital K-12 Dealmaking Online / Virtual Learning Software / Hardware Startups
Marketplace K-12
MAY 6, 2016
The month of May kicked off with a significant number of deals in the ed-tech sector, including acquisitions by Chegg and ACT, Inc. Chegg Acquires Imagine Easy Solutions: The learning platform provider has acquired Imagine Easy Solutions , the provider of EasyBib.com and other writing tools, for approximately $42 million in an all-cash transaction, Santa Clara, Calif.-based based Chegg said in a statement.
Educational Technology and Mobile Learning
APRIL 23, 2020
In today’s post we are sharing with you two interesting citation generators from Chegg students can use to help them with crediting the sources they include in their research papers. These tools.read more
The Hechinger Report
AUGUST 7, 2020
Online tests have also meant a booming business for companies that sell homework and test answers, including Chegg and Course Hero. a month, Chegg is offering a new service that provides fast answers to math problems submitted by smartphone camera, step-by-step solution included.
Educational Technology and Mobile Learning
SEPTEMBER 20, 2018
In today’s post we are sharing with you two interesting citation generators from Chegg students can use to help them with crediting the sources they include in their research papers. These tools.read more
Educational Technology and Mobile Learning
FEBRUARY 27, 2018
In today’s post we are sharing with you two interesting citation generators from Chegg students can use to help them with crediting the sources they include in their research papers. These tools.read more. citation tools
Edsurge
OCTOBER 6, 2020
Joseph Ching, a junior at Purdue University, says many of his professors have warned students not to use sites like Chegg, where students are posting homework and quiz questions and getting answers from tutors. I reached out to Chegg, and sure enough, business there is booming.
Edsurge
MAY 12, 2020
Chegg The bottom line: Chegg’s first quarter delighted investors. Fueling that growth is Chegg Services, which brought in just over $100 million in revenue last quarter, a 33 percent increase over Q1 2019. That growth offset declines in advertising revenues, said Chegg’s chief financial officer, Andy Brown in prepared remarks for an earnings call. As such, it is difficult to predict how much, if any, of Chegg's first half momentum will continue.”
Edsurge
MARCH 5, 2020
At about the same time, though, Rutgers officials sent out an email to all faculty at the university, warning about Course Hero and another service, Chegg, where students were posting faculty tests and exams without permission. “We One of the other giants of the study-aid world, Chegg, has also come under criticism by professors. Chegg, meanwhile, argues that the professor’s situation is an anomaly, and that it has safeguards to prevent students from simply uploading their exams. “We
Edsurge
MARCH 14, 2019
Other investors include education technology executives, like Penn Foster CEO Frank Britt and Chegg CEO Dan Rosensweig, along with Zynga founder Mark Pincus and Flatiron Health CEO, Nat Turner. The allure of “tech jobs” and the salaries they command have given rise to new industries, from coding bootcamps to specialized recruiters. Yet the likes of Google and Facebook sometimes overshadow sectors that have been—and remain—core to the American economy: industrial manufacturing.
techlearning
MAY 3, 2018
Chegg Tutors - A fantastic site for students to find a tutor in any subject. Over the last few years online tutoring sites have really boosted in popularity. The reason for this is people just don't have the time or the money to spend at an actual tutoring center. Online Tutoring is an ideal solution, as it can be done at home on a computer or mobile device and is usually a much cheaper alternative.
Edsurge
AUGUST 31, 2020
Many of its services are similar to those offered by Chegg, a publicly traded education company that has also seen a meteoric growth in usage and revenue since the pandemic hit. When Course Hero raised $10 million in early February, the amount seemed curiously small for $1.1
Edsurge
NOVEMBER 19, 2019
A fellow publicly traded education technology company, Chegg, has promised low-cost courses with its own bootcamp acquisition, Thinkful. Our business with Trilogy is at a scale and doing it with university partners in a way that no one else in the market is doing,” Paucek said in response to an analyst’s question about Chegg.
Edsurge
APRIL 24, 2018
Tell me a little bit about some of your recent partnerships with companies such as Chegg. Chegg provides, amongst other things, tutoring services. I think Chegg is doing well in that. It’s been about five years since Cengage Learning filed for bankruptcy , stumbling under the weight of shrinking print sales, a rough transition to digital and too much debt.
Edsurge
JUNE 11, 2020
College students are turning to digital tutoring platforms like Chegg and online course providers like Coursera, both of which have performed well over the last few months. For example, Chegg outperformed forecasts by hitting $132 million in revenue in the first quarter of 2020, a 35 percent increase from the same period last year. The pandemic came early to Seattle. By mid-March, schools closed, sending students home to figure out how to keep learning from their kitchen tables.
techlearning
JUNE 21, 2018
Chegg Tutors —A fantastic site for students to find a tutor in any subject. Online tutoring has grown in popularity and is ideal for many—it’s flexible and usually much less expensive than tutoring centers. Educators who tutor online can earn extra money doing what they love from the comfort of home on their own schedule. And students like being able to choose courses that work for them. David Kapuler provides the following list, in alphabetical order, of 10 top online tutoring sites.
Edsurge
JUNE 18, 2019
Gonzalez’s firm last invested in student services provider Chegg, but hadn’t found another education company that piqued his interest until his firm started talks with Platzi. Before they founded a company together, Freddy Vega and Christian Van Der Henst were rivals. They had two different companies that provided services to Flash programmers until a combination of the programming language’s decline in popularity with the global recession killed business in the early 2010s.
Ask a Tech Teacher
JANUARY 11, 2016
Website Review: Chegg. It’s not enough to share information with students. Unless they have an eidetic memory, much of what they see/hear/taste/smell never reaches long term memory. For that, students require study. That includes note-taking and review in a variety of formats to touch the varied approaches to learning. Here are three apps I find helpful with students. They are flexible, scalable, and as a group, address a variety of learning approaches students use.
Edsurge
APRIL 8, 2019
Its biggest institutional shareholder is Insight Venture Partners, a private equity firm whose education portfolio also includes Chegg, Instructure and Pluralsight—three companies that have gone public. It’s out of the ordinary when Nearpod buys a company. Today it’s adding Flocabulary, to bring hip hop to the library. If Alex Rappaport, the co-founder and CEO of Flocabulary , had to bust a rhyme about the deal, that’s how it might go. (We We asked, but he declined.)
Edsurge
MAY 13, 2020
Over the years, GSV has invested in the likes of Facebook, Spotify and Twitter alongside education companies including Chegg and Coursera. GSV is making a new investment in education. But this time, it’s not pouring money into a startup or a conference. Instead, the edtech investment firm is helping to launch a new online MBA program focused on entrepreneurship. Its partner? A small, Christian college in Jackson, Mississippi.
Edsurge
DECEMBER 28, 2018
Cheating on Chegg? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help. As students and faculty alike take some well-deserved rest and reflect over the holidays, we’re taking a look back at what stories you read and shared the most over the last year.
Edsurge
SEPTEMBER 25, 2019
A sizable portion of CreatorUp’s clients come from the education industry, including Cengage and Chegg, as well as community colleges and universities. While content may be king, content creators sometimes struggle to pay the bills. Cue CreatorUp , which aims to equip aspiring creative professionals with the digital media skills they need to find work.
Edsurge
JUNE 30, 2020
Chegg, which offers online homework help and other support services for students, has seen its stock soar since the pandemic. What comes after a unicorn? Indian online education startup Byju’s, which already reached the billion-dollar valuation from private investors in 2018, can now claim a new distinction: “decacorn.” That’s the industry lingo for companies valued at $10 billion or more. It’s an ultra-exclusive club of two dozen companies across the world, according to CB Insights.
Edsurge
APRIL 26, 2019
Goldman, vice president of textbooks and e-books at Chegg, a student services provider that notably sold its print textbook inventory to Ingram in 2015, adoption of digital materials among students has been slower than he predicted. “I’m Print textbooks are the eternal punching bag for the things people think technology should render obsolete. Technologists from Thomas Edison and Steve Jobs, almost a century apart, have predicted their demise.
Edsurge
JULY 30, 2018
The most recent of these, the writing feedback assistant WriteLab, was acquired by Chegg , a publicly-traded education company, for $15 million. WriteLab (Chegg). Raising money, Shauntel Garvey admits, is not her favorite activity. It’s usually more fun to be on the other side of the table, reviewing pitches—rather than pitching.
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