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Turns out there's a lot of money in reliable answers to the internet's questions

By: mashable.com 1 year ago
Turns out there's a lot of money in reliable answers to the internet's questions

How much is credible, factual, internet-based information worth? A lot, evidently.  Question-and-answer website Quora has raised a fresh round of $85 million dollars in its quest to become the go-to resource for people with questions — and people with answers.  The round values the company at roughly $1.8 billion, according to a company spokesperson (who said that the valuation had roughly doubled from its previous valuation of $900 million).  Quora launched privately in 2009 but and quickly drew buzz in the tech community in part because it was started by two well-respected early Facebook employees. The website opened to the public in 2010, serving as something of a high-end message board where people can ask questions and get solid answers.  Read more...More about Business, Digital Media, Quora, and Business

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How much is credible, factual, internet-based information worth?

A lot, evidently. 

Question-and-answer website Quora has raised a fresh round of $85 million dollars in its quest to become the go-to resource for people with questions — and people with answers. 

The round values the company at roughly $1.8 billion, according to a company spokesperson (who said that the valuation had roughly doubled from its previous valuation of $900 million). 

Quora launched privately in 2009 but and quickly drew buzz in the tech community in part because it was started by two well-respected early Facebook employees. The website opened to the public in 2010, serving as something of a high-end message board where people can ask questions and get solid answers.  Read more...

More about Business, Digital Media, Quora, and BusinessTurnsthere'smoneyreliableanswersinternet'squestions