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I get the impression that Quora is in a tough spot because of the perceived implosion of the "social bubble" after the FB IPO. They have $61M in funding [1], wh
by diego 14y ago
I get the impression that Quora is in a tough spot because of the perceived implosion of the "social bubble" after the FB IPO. They have $61M in funding [1], which means that their investors must be demanding bold moves. I don't personally know anyone who works there, so it's pure speculation.
[1] http://www.crunchbase.com/company/quora http://www.crunchbase.com/company/quora
- hkmurakami 14y agoThe latest round was funded nearly entirely by Adam D'Angelo and Peter Thiel, so the investor effect is a bit mitigated I think.
- tatsuke95 14y ago>"They have $61M in funding [1], which means that their investors must be demanding bold moves." Like a business plan? Who knew that they'd be actually expected to offer a return on that money at some point? I'd love to know where that money is going/has gone. Edit: Oh. http://www.quora.com/Quora-company/Why-is-Quora-moving-to-Mountain-View http://www.quora.com/Quora-company/Why-is-Quora-moving-to-Mo...
- AznHisoka 14y ago4 times their current size of 40 employees? This is Digg 2.0 all over time. The obvious question: Why the HECK do they need 40, let alone 160 employees?!
- ehsanu1 14y agoSpace for 160 employees doesn't mean they'll have 160.. They just have room to grow a bit. 40 is a lot of employees, but with their funding they can afford it, and it may just be essential, we can't really know from the outside looking in.
- notJim 14y agoI think Quora would have been great as a “lifestyle business” [insert appropriate sneering as necessary.] Put ads on it for logged-out users, have good SEO and high-quality Q & A, and it'll make a living for a small number of people to keep the site up. This is how Ask Metafilter[1] works, and it is among the best Q & A sites. Metafilter (which includes metafilter.com proper) seems to provide a comfortable living for about 4-ish people (I'm guessing a bit here, I think you could find more info if you looked.) The problem comes when the company gets funding, and suddenly it's not good enough to become a high-quality, community-driven Q & A site. Suddenly you need to generate some kind of huge exit for your VC owners, and then their recent action start to make sense. [1]: http://ask.metafilter.com http://ask.metafilter.com