In 2014, Chegg purchased the company InstaEdu, an online tutoring company. Noting that most of the site’s business was focused on textbooks, the founders refined Chegg to be a textbook solutions company, offering rentals and used sales to college students looking to save money on pricey books. It was one of the first of now many companies that allow students to sell textbooks online. It started as a place for college students and recent college grads to post shared housing vacancies, offer textbook rentals or used textbooks for sale, and more. The company launched as CheggPost, but then rebranded as. The founders say it relates to the classic “chicken or the egg” conundrum they faced coming out of college - they said they couldn’t land a job without experience, but they couldn’t get experience without a job. The name “Chegg” comes as a combination of the words “chicken” and “egg.” is a company that was founded in 2001 and is based in Santa Clara, California.
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