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Guitar Hero CEO Rosensweig Trades In His Axe

Written by Chris Cameron / February 3, 2010 12:15 PM / 2 Comments

This post is part of our ReadWriteStart channel, which is a resource and guide for first-time entrepreneurs and startups. The channel is sponsored by Microsoft BizSpark. To sign up for BizSpark, click here.

New office, same job. After just 10 months as president and CEO of Activision Blizzard's Guitar Hero division, former Yahoo COO Dan Rosensweig is packing up shop and relocating to online textbook rental startup Chegg where he will hold the same title. Chegg claims to have saved students over $140 million on textbooks by offering their "Netflix style" rent by mail service.

Chegg has quickly grown to become one of the leading online textbook rental company, along with competitor BookRenter.com. According to an article in the New York Times, the company claims to have rented over 2 million books on 6,400 college campuses, and just last November, the company closed over $100 million in debt and series D funding.

In an interview with the Times yesterday, Rosensweig said Chegg has an excellent business model and that the company "did as much business in January 2010 as in all of 2009." Chegg expressed their excitement to see Rosensweig join the the team yesterday on their blog.

"We've been growing at an exceptional rate, so we needed a world class leader that has the business experience and passion for the consumer to take us to the next phase," the company writes. "Dan is definitely that person."

Disclosure: ReadWriteWeb is a syndication partner of the New York Times.

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Comments

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  1. Mr.Petrit Metohu President and creator of Pekomeri society and also the creator and president of the Albanian craft. is a person passionate about craft and art works. He is a member of the Consultative Council of the Albanian business.
    Now he wants to build a web site for online sales of craft works Albania.Petrit Metohu has skills to provide ideas in new patterns for crafts and organized an export market for all those persons or firms who are interested in Albanian craft products.Thanks

     Posted by: petrit metohu thrive Author Profile Page | February 3, 2010 12:26 PM



  2. Great info I would also suggest using GreenTextbooks.org
    Save Money, Save The Planet

    GreenTextbooks.org specializes in the recycling of textbooks, DVDs, CDs. Buying used textbooks not only saves you money, but cuts down on greenhouse gases caused by the manufacturing of new textbooks.
    With GreenTextbooks.org you're not only saving trees, you are saving some green. GreenTextbooks.org

    Posted by: Darel Green | February 4, 2010 12:39 AM



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