Chegg 2014 Annual Report Download - page 48

Table of Contents
10
Information about Segment and Geographic Revenue
Information about segment and geographic revenue is set forth in Note 18 of the Notes to Consolidated Financial
Statements included in Part II, Item 8, “Consolidated Financial Statements and Supplementary Data” of this Annual Report on
Form 10-K.
Corporate History
We were incorporated in Delaware in July 2005. We launched our online print textbook rental business in 2007. We
hired our current Chief Executive Officer in 2010, who implemented our current business strategy to create the leading
connected learning platform for students to help them save time, save money and get smarter. Beginning in 2010, we made a
series of strategic acquisitions to expand our portfolio of digital offerings, including Cramster in 2010 to add our Chegg Study
service, Zinch in 2011 to add our College Admissions and Scholarship Services, InstaEDU in 2014 to add our Tutoring service,
and internships.com in 2014 to add to our internship service. We completed our IPO in November 2013 and our common stock
is listed on the New York Stock Exchange under the symbol “CHGG.” Our principal executive offices are located at 3990
Freedom Circle, Santa Clara, California 95054 and our telephone number is [phone].
Available Information
Our website address is www.chegg.com and our Investor Relations website address is investor.chegg.com. Our Annual
Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to reports filed
pursuant to Sections 13(a) and 15(d) of the Securities Exchange Act of 1934, as amended (Exchange Act), are filed with the
U.S. Securities and Exchange Commission (SEC). We are subject to the informational requirements of the Exchange Act and
file or furnish reports, proxy statements, and other information with the SEC. Such reports and other information filed by the
Company with the SEC are available free of charge on our website at investor.chegg.com when such reports are available on
the SEC’s website. We use our www.chegg.com/mediacenter website as a means of disclosing material non-public information
and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor
www.chegg.com/mediacenter, in addition to following our press releases, SEC filings and public conference calls and
webcasts.
The public may read and copy any materials filed by Chegg with the SEC at the SEC’s Public Reference Room at 100
F Street, NE, Room 1580, Washington, D.C. 20549. The public may obtain information on the operation of the Public
Reference Room by calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site that contains reports, proxy and
information statements and other information regarding issuers that file electronically with the SEC at www.sec.gov.
The contents of the websites referred to above are not incorporated into this filing. Further, our references to the URLs
for these websites are intended to be inactive textual references only.
ITEM 1A. RISK FACTORS
The risks and uncertainties set forth below, as well as other factors described elsewhere in this Annual Report on
Form 10-K including in our consolidated financial statements and related notes and “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” or in other filings by Chegg with the SEC, could adversely affect our
business, financial condition, results of operations and the trading price of our common stock. Additional risks and
uncertainties that are not currently known to us or that are not currently believed by us to be material may also harm our
business operations and financial results. Because of the following risks and uncertainties, as well as other factors affecting our
financial condition and operating results, past financial performance should not be considered to be a reliable indicator of
future performance, and investors should not use historical trends to anticipate results or trends in future periods.
Risks Related to Our Business and Industry
Our limited operating history makes it difficult to evaluate our current business and future prospects.
Although we began our operations in July 2005, we did not launch our online print textbook rental business until 2007
or begin generating revenue at scale from print textbook rentals until 2010. Since July 2010, we have expanded our free and
paid offerings, in many instances through the acquisition of other companies, to include digital textbooks (eTextbooks),
supplemental materials in digital and print form, multiplatform eTextbook Reader software, Chegg Study, on-line tutoring,
College Admissions and Scholarship Services, purchases of used textbooks, internships, careers, college counseling, enrollment
marketing services and brand advertising. Our newer products and services, or any other products and services we may