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i worked at chegg for 2.5 years. about 6 months before their ipo. the problem was they simply did not innovate once they had v1 built.
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I bet the CEO wishes he would have sold at the top.
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Such a huge loss, Can this really be blamed to AI? I mean other edtech companies are doing good.
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Chegg has been struggling to keep up for over a decade. These things usually come down to leadership - poor vision or poor execution of the vision.
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Ah! Got it.
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