Once the darling of Wall Street, Chegg is a cautionary tale of what happens when AI makes your entire business model obsolete overnight.
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There was a time when investors and students loved Chegg, the edtech company that helped with homework for $14.95 a month. Then generative AI showed up.
In February 2021, Chegg’s stock traded at $115 with a market cap of $14.7 bil… [1477 chars]
Source: Entrepreneur | Published: 2026-04-29T14:00:00Z
Credit: Entrepreneur
