Waiting for the Big Fish? The Next Web IPOs Might Surprise You

No, not Facebook. Not Zynga. And probably not Groupon. At least not yet, when it comes to the blockbuster Web IPOs that Wall Street and investors have been waiting for, and now expecting to roll out sooner than later in the wake of the return of the Web IPO in recent weeks. Not so fast.

Exclusive: Chegg Buys Cramster

According to sources close to the situation, online textbook rental company Chegg has acquired Cramster, a social online homework help platform. The Cramster purchase is one in a series of start-up buys that Chegg has been making of late, part of a strategy to be a central place for student needs.

Exclusive: Chegg Raises $75 Million in Additional Funding from Asian Firm

Chegg, the online textbook rental service, has raised another $75 million from Asia-based Ace Limited, according to sources. Ace seems to be nonexistent on the Internet, although sources said it is a Hong Kong-based investment firm. The round comes after a huge Series D investment in late 2009, which already brought Chegg’s funding to a whopping $144 million.

Rosensweig to Leave Guitar Hero; Takes Over as CEO of Online Textbook Rental Start-Up Chegg

Longtime Silicon Valley exec Dan Rosensweig is stepping down as president and CEO of the Guitar Hero division of Activision Blizzard to take a new job as CEO of Chegg, the top online textbook rental start-up. The move is unexpected given that the former Yahoo COO landed the job running the top gaming franchise in March of last year.
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Honey? Is the Mammoth Meat From That Exotic Animal Buffet Still in the Freezer?

Looks like the Alcor Life Extension Foundation may be able to do something with the cryogenically frozen remains of Ted Williams after all. By injecting nuclei from mice frozen for 16 years directly into unfertilized mice eggs, a team of Japanese geneticists was able to create healthy clones of the dead animals.

Memo to Mark Zuckerberg: The Chicken or the Egg (or the Golden Ticket)

Maybe it would be easier to sell Facebook to Microsoft for billions and billions, even though it is not likely you will. But, for the sake of argument, let’s take the opposing position about the best future for the hot social-networking site. In other words, make a friendly Microsoft takeover of Facebook your own version of an IPO, as John Furrier has suggested, and walk away a Silicon Valley legend.
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