About Osman Rashid: Osman Rashid is an executive and entrepreneur in the field of education technology. Currently he is the founder and CEO of Galxyz, an intergalactic science adventure that he founded in late 2013.
For the price of a couple of Happy Meals, you can buy a digital textbook and stop your child from having to carry around a six-pound book.
I do not want to be a long-term CEO.
Using a service such as Chegg.com, students can save on average more than $600 a year when they rent textbooks over purchasing them.
Students today need experience to get a job, and they need a job to get experience. The Chegg Champion program provides students with a real-world working experience that actually offers financial rewards.
As things go digital, the notion of new editions will go away. A publisher can add video and assessment content at scale, make the change in 30 seconds and it's just a software update.
By 2025, we can expect the world to be completely digital. Paper books will be a thing of the past. Education will be delivered through analytics-based assessment tools and adaptive learning platforms.
Essentially, you have to be aware of a crisis happening: 'Can the company go on if I get hit by a bus?' That's, I think, how you build a great company and something that can scale.
Textbooks are going to remain a key part of learning. They just need to go digital, become more interactive and they need more analytics.
Parents are telling other parents that you can save a lot of money renting. Forever they've been looking for a solution to higher textbook prices.
