#Quora picks up $50 million at a $400 million valuation, round led by Peter Thiel

Chris Mayer

6:44 PM  -  Public

Another insane valuation. Quora is not worth a $50 round and certainly isn't worth $400 million.

The Next Web originally shared this post:

What does the firm intend to do with $50 million, a massive sum for a company that presumably doesn’t have a wildly painful burn rate?

Quora picks up $50 million at a $400 million valuation, round led by Peter Thiel »

Quora, the once explosively hot question and answer website has picked a massive new round of capital, and a fresh valuation the Wall Street Journal is reporting. The funding round, ...

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Robert McMahan

6:47 PM (edited)  -  Public

Quora appears to be a site that combines social connectivity with#stackexchange Q / A mentality. An interesting concept for those always seeking answers, but will it survive in the long run or can we find answers efficiently without it? At the very least I believe it could eventually populate Google Search with more answers to questions that have already been asked. I feel a partnership to some extent could be beneficial here.

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