Chegg In Talks With Bankers About An IPO
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Online textbook rental service Chegg.com is in talks with bankers about a possible IPO. Chegg raised $75 million in funding last autumn, which brought them to a total of $219 million. On SharesPost, it appears that someone wants to buy 20,000-30,000 shares of Chegg at $6.50 per share.