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It seemed to me that the fundraising is mostly to make a bunch of noise. When your company is growing by leaps and bounds, and the only limiting factor is that
by badusername 14y ago
It seemed to me that the fundraising is mostly to make a bunch of noise. When your company is growing by leaps and bounds, and the only limiting factor is that you're cash-strapped, a round of this size makes sense - not with the numbers/usage Quora currently has. Most of the reasoning that Adam mentions seem rather frail. Doing a funding round just to post a better-than-you valuation isn't what they should be focused on at the moment.