
In the second part of review:ed #4 Dave and I talked about Chegg, the biggest textbook renting company in the US. In a recent TechCrunch article about Chegg it is said that the company owns already 80% of the market and will generate a revenue of about $130 million in 2010.
Dave is not entirely convinced of the TechCrunch article as he does not believe that Amazon or Barnes & Noble will give up this market so easily. He can also see viral activity on the campus in both directions – renting books or buying used ones plus some students prefer to actually own the book.
Related Links:
- TechCrunch: TC Teardown: Chegg Is A Money Machine
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