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We Rent Movies, So Why Not Textbooks?

Hugh Pickens writes "Using Netflix as a business model, Osman Rashid and Aayush Phumbhra founded Chegg, shorthand for 'chicken and egg,' to gather books from sellers at the end of a semester and renting — or sometimes selling — them to other students at the start of a new one. Chegg began renting books in 2007, before it owned any, so when an order came in, its employees would surf the Web to find a cheap copy. They would buy the book using Rashid's American Express card and have it shipped to the student. Eventually, Chegg automated the system. 'People thought we were crazy,' Rashid said. Now, as Chegg prepares for its third academic year in the textbook rental business, the business is growing rapidly. Jim Safka, a former chief executive of Match.com and Ask.com who was recently recruited to run Chegg, said the company's revenue in 2008 was more than $10 million, and this year, Chegg surpassed that in January alone."

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  1. Re:Hey Faggots, by dieth · · Score: 0, Offtopic

    My name is Dieth, I too hate everyone equally. I am unaware if everyone is as fat or as retarded as the parent poster who obviously spends all his day refreshing slashdot trying to get a first post, possibly while looking at stupid pictures on idle in another tab. I am very sure that 4chan out bads us in the this world, or possibly the script kiddos from IRC in the mid 90's. I can get pussy and have had ex's come crawling back for some cock. I wonder how insecure the parent poster is. I do not have a facebook and I jerk off to porn at pichunter. After taking our football teams captain down multiple times I was begged by our coach to be an interceptor for our team a request which I had to deny to pursue fencing sadly I was too much of a masochist for football to be appealing. I am currently versed in many forms of swordplay. I was asked to leave public school because I stood up in Honours math and screamed at idiots who didn't understand what we covered at the beginning of the week to get the fuck out and stop holding me back. After which I graduated a year and a half ahead of my peers with an average of 94% across all subjects, (English brought me down you can probably tell from this writing), my school did not use a "letter grade" system. Although I do not believe that any portion of my schooling is a true reflection of my abilities. I wonder if the parent poster is just a remembering his glory days in highschool when he was popular instead of the washed up slob he is now, who probably still lives in his parents basement, probably eternally watching some old 8mm footage of his winning touchdown for some school game that no one else but a handful of people in his city of residence can remember. Outside of school I repaired business networks, and peoples home computers making money hand over fist which allowed me to pay rent to my parents when times got rough for them. Repairing networks and enterprise middleware is now what I do. I moved out of my parents household when I was 18, about 9 years ago, because my sleep schedule, or lack of one, conflicted heavily with theirs. I did not know that jacking off to hentai was a sport if it actually is where do I sign up? I can last a LONG time and shoot heavy loads. (Not sure if either those would be used to judge in the competition it was purely imagination) Currently I live in Montreal, and can attest to the fact that every woman here is hotter than any girlfriend the parent poster has ever had, his all probably compare to Surrey girls who only come out for trash day. Some of you probably are fags, some of you are probably straight, whichever your sexual preference it is I don't mind, if you are a fag, please don't hit on me, I'm straight, and I have been known to deck guys who hit on me when I'm drunk. Please don't kill yourself, please assist me in further ridicule of the parent poster! Thanks for reading. (or listening if you are blind and using a text to speech reader, I find it very hard to listen to text without one).