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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 ...
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.
The registration group or identifier group is the second element in a 13-digit ISBN (first element in a 10-digit ISBN) and indicates the country, geographic region, or language area where a book was published. [1] The element ranges from one to five numerical digits. [1]
Osman Rashid (born 1970) is a Pakistani American businessman in Silicon Valley, California. He has worked in enterprise software and consumer products. He was co-founder and CEO of three companies, an online textbook rental and student hub Chegg, remaining involved in it until early 2010 after growing the company from its inception in 2005. [1]
Growing Stars was established in November 2002 by Biju Mathew, an Indian-origin software engineer, and his friend Saji Philip with seed money of $500,000. [1] [2] [5] [6] Mathew recruited tutors from his hometown Kochi for math, science, and English, and the company began operations in January 2004 as a one-on-one homework outsourcing and test preparation tutoring service for students based in ...
Shelf registration is a registration of a new issue that can be prepared up to three years in advance, [1] so that the issue can be offered quickly as soon as funds are needed or market conditions are favorable. For example, current market conditions in the housing market are not favorable for a specific firm to issue a public offering.
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In 1999, the company officially changed its name to Register.com. On April 21, 1999, ICANN announced Register.com was one of the first five testbed registrars for the competitive Shared Registry System. On June 7, the company began operations under this name as a paid registrar in the .com, .net, and .org domains and soon became the first of ...