Chegg's IPO raises $187.5M at a $1.1B valuation

Chegg (founded in Ames) priced its initial public offering on $12.50 a share raising $187.5 million at nearly a $1.1 billion valuation.

Kelsey Lampe 10/31/13 Kelsey Lampe 10/31/13

Chegg seeking $200M IPO with valuation of $1B

Chegg, founded in Ames by Iowa Expat Aayush Phumbrha, originally planned to raise $150M in its IPO but upped that today to almost $200M according to the Silicon Valley Business Journal.