Osman Rashid (born 1970) is a Pakistani American businessman in Silicon Valley, California. He has worked in enterprise software and consumer products.
He was co-founder and CEO of three companies, an online textbook rental and student hub Chegg, remaining involved in it until early 2010 after growing the company from its inception in 2005.[1] He was co-founder and CEO of Kno, Inc, (acquired by Intel, 2013)[2] a digital education platform company.[3] Kno has received funding from Andreessen Horowitz,[4] Intel Capital, Goldman Sachs, FLOODGATE and GSV Capital, while Chegg was funded by KPCB, IVP, Gabriel Ventures and others. He founded Galxyz Inc.,[5] in 2014, which was an educational software company focusing on creating next generation language arts and science enhancement products for primary and middle school students.[6]
Rashid is the CEO of Convo Corp,[7] an enterprise software company that focuses on in-context collaboration that is used as a conversational tool at work, and the co-founder & chairman of SOAR Education. His aim is to spread affordable STEM education in Pakistan.[8]
Rashid was born in London,[9] did his early schooling in Ghana and finished middle and high school from Islamabad, Pakistan. He later moved to the United States where he received a bachelor's degree in electrical engineering from University of Minnesota in 1993.[10]
Before founding Galxyz, Chegg and Kno, Rashid also started Gravitywell, an ASP based customer service company, and worked at Venturian, a subsidiary of ATIO Corporation, where Osman was VP of Business Development and Marketing. Between start-ups, Osman was Director of Business Development at Chordiant Software, Inc.[11]
He was awarded Ernst & Young Entrepreneur of The Year Award in 2009 for Consumer Products in Northern CA.[12]
He has also been recognized as Forbes Impact 15 for 2012[13] and in Inc.’s Immigrant Edge: 9 Wildly Successful Entrepreneurs.[14]
Osman helped spearhead Chegg for Good program which plants a tree for every rental made, and to date has helped plant over 6 million trees. At Kno he developed a partnership with DonorsChoose.org to donate $1 of every sale made to help classrooms get school supplies. Osman is actively involved as a board member at ChildLife Foundation Pakistan which is bringing critical care and prevention of diseases to millions of young and needy children in Pakistan through a network of Urgent Care Clinics.[15]
He plans to set up an Endowment Fund to provide quality education to the financially disadvantaged, of which the platform is SOAR STEM Schools.[16]