Quora, a question and answer based website created and developed by two Facebook alumni will no longer have to answer any questions regarding the legitimacy of their concept and website. Given the fact that several highly respected and influential parties such as Facebook board member Peter Thiel, Matrix’s Josh Hannah (WikiHow’s co-founder) and Northbridge’s Johnathan Heiliger have all contributed to the round of funding, valuing the start up at an impressive $400 million, the company certainly has a strong base to work with moving forward.
Quora co-founder Adam D’Angelo, the former CTO at Facebook put forth $20 million of his own lunch money into the financing round as well. The company aims to create an interactive resource for questions and subsequent answers that will become the quintessential source for anyone interested in the topic of the respective question.
The fact that Josh Hannah, who has both founded and invested in WikiHow and eHow respectively, put forth a considerable amount of money bodes well for the site and its take on the popular and valuable question and answer type websites. According to a TechCrunch interview, Hannah had the following to share regarding Quora:
“Quora is a phenomenal resource to capture and share information where there are multiple points of view. The Yahoo Answers and Answers.coms of the world have all fallen down to the lowest common denominator because of pandering to search traffic. Quora’s long-term vision is to take the high road and create a platform for high quality discourse completely differentiates it from the competitors.”
Several academics, market experts as well as people looking to propagate knowledge contribute daily to provide a wide range of views and opinions. This in turn provides the value of having multiple takes on the same question. Quora’s concept is based entirely around the fact that people are eager to share knowledge and help one another in order to help all. The idea is certainly large, however based on the support the site is getting, there is little denying that fact that we are our own greatest resource when it comes to sharing information.
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