Interesting & well written article. As someone who used Chegg during my university studies to help with assignments & homework. I saw their shift to AI firsthand.
It remains to be seen if they can evolve fast enough, but their definitely trying to pivot that way, and I agree they need to if they are going to survive.
the problem is...ai is moving so much faster with a new product or tool introduced every week.
in 1908, there was probably some undervalued horse buggy company...but they are surely cheaper now.
Totally - but maybe could have still made some $$ on those horse buggy companies at 3x FCF for a couple of years ;)
Also - Chegg is now incorporating all of the new AI models into their platform - to be seen if they can pivot into an AI company or not
Interesting & well written article. As someone who used Chegg during my university studies to help with assignments & homework. I saw their shift to AI firsthand.
It remains to be seen if they can evolve fast enough, but their definitely trying to pivot that way, and I agree they need to if they are going to survive.