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We Rent Movies, So Why Not Textbooks?

Monday, July 6th, 2009

SUCCESS in Silicon Valley often emerges through trial and error. Willingness to buck popular trends can help, too.

Just ask Osman Rashid and Aayush Phumbhra, the co-founders of Chegg.com, a company that rents textbooks to college students.

When the two entrepreneurs started Chegg, then called CheggPost, in 2003, they envisioned a sort of Craigslist for college campuses, a network of university-based Web sites where students would buy and sell everything from used mattresses to textbooks. Like most Internet start-ups of that time, the plan was to make money from advertising.

By Miguel Helft

Read The New York Times

This entry was posted on Monday, July 6th, 2009 at 6:40 am by Raquel Rios and is filed under News

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