Chegg, the startup that began as an analog online book rental service and has itself transformed into a multifaceted digital hub for students, has filed publicly for an initial public offering to raise about $150 million.
Chegg起初是一个模拟在线租书服务网站,现已转变成为一个以学生为服务对象的多元数字中心,并首次公开招股,募集约1.5亿美元资金。
The Santa Clara, Calif.-based company has already been working with the Securities and Exchange Commission, doing what is called a “secret filing.” That means that Chegg used the 2012 law, the Jumpstart Our Business Startups (JOBS) Act, that allows any private company that has less than $1 billion in annual revenue to work confidentially with regulatory agencies ahead of the public IPO announcement. Both Workday and Trulia filed successfully in this manner.
位于加州圣克拉拉的Chegg公司正与美国证券交易委员会合作一起“秘密文件”,这意味着Chegg实行的是2012创业企业融资法案,这条法案允许年收入少于10亿美元的私人公司在公开上市公告之前秘密与管理机构合作。
This speeds up the offering process, getting regulatory issues resolved quietly and also keeping the IPO shielded from scrutiny at the start. It also allows companies such as Chegg to make initial contact with potential investors, and sources said that Chegg has done so.
实行该法案加速了招股过程,使得监管问题能安静地被解决,并使首次公开招股得到起初就接受详细监察的保护。这使得例如Chegg之类的公司能与潜在的投资方获得初步联系,有消息称Chegg也确实这样做过。
Now it will be three weeks before the company can start its official road show to sell itself to Wall Street, which will then be followed by the IPO itself. The most recent valuation of the company was $800 million, but its public market value is likely to be much higher.
从现在起的三个星期内,Chegg就要开始正式会向华尔街推销自己了,在那之后便要进行首次公开招股。最新的公司估值是8亿美元,但Chegg的公开市场价值可能更高。
Chegg will use the money it is raising to expand its offerings. The company is not without competitors, which have had varying degrees of success, including BookRenter, Kno and, perhaps most significantly, Amazon.
Chegg将会使用募得的资金去扩张自己提供的服务项目。该公司并不是没有对手的,它的竞争者包括:BookRenter,Kno以及可能最重要的对手亚马逊,这些都已经取得了不同程度的成功。
Chegg was founded in 2005 at Iowa State University as a hyper-local classifieds directory, and the business evolved two years later into a textbook-rental service. It now has a variety of offerings centered on students from high school onward to many thousands of educational institutions.
Chegg作为一个超本地化分类指南,于2005年在爱荷华州立大学成立,两年后变成一个教科书租赁服务平台。如今Chegg已经发展为以高中和众多教育机构的学生为服务对象的平台。
It has raised $195 million from a variety of venture firms and investors, including Kleiner Perkins, Pinnacle Ventures and Insight Venture Partners.
Chegg已经从很多投资公司和投资者处获得1.95亿美元的资金,投资者包括克莱恩那·帕尔金斯风险投资、尖峰创投和纽约风险投资公司Insight Venture Partners。