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0 0.00863509749303627 0.0105849582172703 -0.00334261838440104 -0.00668523676880209 0.0125348189415043 -0.0122562674094707 -0.0197771587743731
Stock impact report

Why Niches Are Bigger Opportunities Than You Think [Forbes]

Chegg, Inc. (CHGG) 
Last chegg, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.chegg.com/overview/default.aspx
Company Research Source: Forbes
If I told you I bootstrapped a $20M bibliography business, your first reaction might be “Huh, bibliographies?” Yes, I do mean bibliographies, the list of resources you’d put together to reference what sources you used when writing a research paper.If I told you it was a high growth, high margin business, that I sold it to a public company, and scaled even further while there, you might think I was downright lying. How could you create a business of that size in such a random, niche space?GettyI wouldn’t have even believed the story 20 years ago, when I started the business as a high school student at the age of 16. With a friend, I decided to build a product called EasyBib that would automate citations and make bibliographies easier. I had no idea that for something so niche the market could be so huge, that every high school and college student in western educated countries could be a potential customer. over, I certainly didn’t have the foresight that I could build ad, subscription, Show less Read more
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