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Have you thought about this a lot? Quora is Adam's baby. He owns most of it and has been involved as a primary investor for... I'm not sure how long. Before th
by codezero 8y ago
Have you thought about this a lot?
Quora is Adam's baby. He owns most of it and has been involved as a primary investor for... I'm not sure how long. Before that he was CTO of Facebook and an early investor in Instagram. He's made immense returns on these investments. I don't have numbers, but I would bet money he could buy back Quora from investors with cash and still be a several-hundred-millionaire. With that said, why would he do anything but his pet project?
- manigandham 8y agoHaving so much success though can also mean that you don't have as much drive to make a great product because you're already set. Not that it must be the case here, but passion is hard to maintain when it doesn't really have much effect on your life. Also, if the site can be run completely independently (and it looks like operational costs are rather low) then why even take VC in the first place? Surely the effects of hundreds of millions requiring a return could easily be predicted as eventually causing problems?
- codezero 8y agoI agree with your first point, but Adam is also one of the sharpest people I’ve ever known. It’s hard for me to resolve the idea that he’d be complacent. As for funding, he wasn’t liquid when Quora started afaik, but also even smart wealthy people take loans and get VC.