Chegg In Talks With Bankers About An IPO

Posted Feb 2, 2011

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.