Uber, a San Francisco-based personal transportation oriented startup, is facing a backlash from a few of its drivers. But the confrontation is less about Uber and more about the challenges facing a society being rebuilt because of connectedness.
With $50 million in the bank this summer and co-founder Adam D’Angelo saying the company wants to grow to 100 times its current size, Quora is clearly on a quest for new users. But the company needs to weigh carefully what it’s worth to get there.
Looking for a new platform for blogging, and finding that existing sites aren’t sufficient? You might check out Quora’s new blogging platform, which it plans to release Wednesday, that will allow users to create posts on the site and share information.
Former Facebook CTO Adam D’Angelo believes that the future is about creating more knowledge and adding a layer of reputation to the fast-growing internet. And that is why he started Quora, his first real attempt at being a startup CEO.
Quora co-founder Charlie Cheever will have a reduced role at the company going forward, CEO and co-founder Adam D’Angelo wrote on the site Tuesday, marking a departure for the young company that was met with skepticism from regular Quora readers.
The $50-million funding round that Quora recently closed has raised some eyebrows. Is this just another example of a bubble-style atmosphere in Silicon Valley’s venture capital community, or is the crowdsourced question-and-answer site really onto something that could be a multibillion-dollar idea?
Quora, a Q&A service has raised a whopping $50 million in funding from co-founder Adam D’Angelo along with Facebook funder Peter Thiel, Northbridge Ventures and Matrix Ventures. One of the most over-hyped startups, the question is why is it valued so highly despite mediocre progress.
What’s going on at Quora, seven months since announcing itself and a month after opening to the public? We visited co-founder Charlie Cheever at the company’s Palo Alto office to hear more about how the company is handling the dueling forces of growth and quality.
Last month, I wrote about Facebook’s insatiable hunger for hardware. Over the weekend, Spencer Ante of Business Week reported that Palo Alto-based social networking company had raised about $100 million from Triplepoint Capital, a venture lending operation. “It will be used entirely for servers,” Facebook Chief Financial Officer Gideon Yu told Business Week’s Ante. That gives us a sense of how much hardware is gulping down.