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Chegg began trading shares publicly on the New York Stock Exchange in November 2013. [15] Its IPO was reported to have raised $187.5 million, with an initial market capitalization of about $1.1 billion. [16] In 2014, Chegg entered a partnership with book distributor Ingram Content Group to distribute all of Chegg's physical textbook rentals ...
[1] [2] StudyBlue was acquired by Chegg in 2018 for $20.8 million [3] and discontinued at the end of 2020. [ 4 ] StudyBlue was founded by two students at the University of Wisconsin–Madison as The Class Connection in 2006.
Chegg Tutors was founded in 2011 as InstaEDU and launched into public beta in May 2012. At that time, the company also announced that it had raised $1.1M in venture capital funding from The Social+Capital Partnership. [2] Two of the company's co-founders had previously run an in-home tutoring company called Cardinal Scholars.
Chegg stock has lost nearly 70% over the last year and has been roughly cut in half in 2024. From its peak in 2021, the stock is down over 95%. Since the launch of ChatGPT in late 2022 the company ...
Concerned by Chegg helping students cheat in their homework, professors in Purdue university have criticized the partnership Chegg is establishing with the university. A report published by Citron Research in July 2019 claims that "Chegg has created forums to attempt to circumvet Turnitin, proving that Chegg is trying to help users continue ...
Russell Wilson completed 8 of 9 passes over 10 air yards for 205 yards and 2 TDs (+34.8% CPOE, his 3rd-highest mark in a game over the last seven seasons).
The FDIC is an independent government agency charged with maintaining stability and public confidence in the U.S. financial system and providing insurance on consumer deposit accounts.
An alternative statement is: given n coupons, how many coupons do you expect you need to draw with replacement before having drawn each coupon at least once? The mathematical analysis of the problem reveals that the expected number of trials needed grows as Θ ( n log ( n ) ) {\displaystyle \Theta (n\log(n))} .