Description: Chegg started as a hard-copy textbook rental website but has since grown to support students with more materials and digital resources. The CEO discusses the company’s strategy after its IPO.

Source: CNNMoney.com – video report

Date: Nov 11, 2013

Link: http://money.cnn.com/video/investing/2013/11/13/investing-chegg-ceo-ipo-textbook-online-rental-education.cnnmoney/index.html

Questions for Discussions:

• How is the firm contributing to change in the education market?
• How does the new business model change cash flow for publishers?
• Is the firm likely to disrupt the industry?
• How can investors expect existing publishers to respond to developments?