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I wonder if YC is not taking any stake (or a very small stake) in Quora. They do not really need it, perhaps it's just beneficial for both parties. Quora gains
by lettergram 13y ago
I wonder if YC is not taking any stake (or a very small stake) in Quora. They do not really need it, perhaps it's just beneficial for both parties.
Quora gains a large number of connections, possible companies to fund/buyout, a network of founders to answer questions, complimentary services, and some prestige.
YC gains a larger network, another large(ish) player in the tech industry, and potentially some money from an investment.
OR
Perhaps YC put something like $8mm into Quora for a slice of the pie, but I'm guessing the first one.
- ngoel36 13y agoSam said they did invest but did not disclose the terms
- selmnoo 13y agoI think that's probably the rationale. Good engineers are hard to find. Quora actually has a lot of smart folks participating -- what better place to find people for your startups and companies than that?
- price 13y agoThe post says they're "participating in Quora's most recent investment round". The normal meaning of that would be that they're buying at the same price/valuation as that Series C round, so if it's anything like YC's usual size of investment it would be a very small stake. (Ex-Quora employee, but I have no inside information.)