Chegg IPO, How Everyone Graduates From College in 2020
The Chegg IPO is something that I was keeping a sharp eye on for a very long time, and that I frequent Lee use the subscription while I was in college, and it help me a lot with regards to study in and finding cheap text box. Chegg, if you haven’t already heard of this, is actually a multi billion dollar public Lee trading company as of the time with me right in his blog post. Whoever has gained a lot of scrutiny in the past, for how it has repeatedly help students skirt around a system that stands in the way of getting him a degree.
In this world of online classes, check has become even more dangerous, and then it literally gives students the answers to tests, quizzes, and homework assignments, in a way that it is and whoever has gained a lot of scrutiny in the past, for how it has repeatedly helped students skirt around a system that stands i extreme unfair advantage to those who don’t purchase a subscription. Chegg has managed to exploit this loophole in the college market, and turn it into billions of dollars in annual profit, no mean feat indeed.
I personally respect Chegg’s business model quite a lot, and while I won’t say I didn’t use them in college, they definitely help me at least find some cheap textbooks. This blog post will look at a possible Chegg IPO in the future, and how they could re-brand them selves given the new COVID-19 pandemic college market.
Why you should use Chegg if you’re in college
If you’re in college right now, I’m going to give you my bluntly honest opinion, which is to get out as quickly as humanly possible, and to save as much money as possible while you’re in college, or at least to rack up as a little debt as humanly possible. What I’m seeing in the current pandemic job market is nothing short of absolutely terrifying, as even someone with banking licenses, it’s probably going to have a hard time finding a job in this current market.
This job market is ruthless even for people with 4 to 5 years of work experience, and it does not look like it’s going to end anytime soon. Personally I don’t see the economy recovering until far later in 2020, as late as 2025, for a full recovery.
With this in mind, it definitely could be useful to use Chegg to help you wrap up your college education faster. The one thing that I noticed in college, is that while the work is mainly useless in terms of functional knowledge, it is extremely time consuming to memorize all of the math, to write all the papers, and to take care of all the assignments that you have to do in order to pass and graduate from college.
With this in mind, I would say that you should use Chegg to save extra time in college, and to use it to save as much money in college by using this extra time to work more hours in the office. With regards to a Chegg IPO, the company went public about five or so years ago, it is currently sitting at a 5 billion Dollar valuation. Their annual revenue is higher than that of Reddit, and their subscription service which cost between $14.95, and $19.99 per month, brings in about 90% of their annual profits. The company, in this current market,
Is managing to innovate and stay afloat in order to make more money, and I definitely agree with their business model overall.
Final thoughts on what the Chegg IPO looked like
Chegg IPO to five or so years ago, and since their inception as a publicly traded company, the stock has gone up more than 100%, and it is actually functioned as sort of a defensive stock, in the current 2020 pandemic stock market. If you held shares of Chegg, you did better during the beginning of the year, then if you held the S&P 500. And while I know that this can be an outside anomaly, I think at least some of this has to be attributed to the good management of Chegg, into their long and enduring business model. For more information on all things finance, be sure to comment and subscribe to our blog.
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