Aug. 1 at 10:43 AM
$CHGG Chegg owns Busuu, a language learning app that will do
$50M revenue this year. That's 1/20th of what
$DUOL will do this year.
$DUOL market cap
$16B, if
$CHGG is given same multiple then the value of Chegg, just based on Busuu only, should be
$750M. Right now you could buy the whole company for
$140M. This is literally free money when the market realizes it.