I wonder what motivates Adam D’Angelo to keep on as founder and CEO after 10 years of running Quora. Here is someone who got rich off FB and could do anything. Maybe early on that “anything” was Quora but I really can’t believe that what Quora is now is anything close to what he envisioned when he first started the site. At this point it feels like a Zombie co that keeps chugging along because it has no other choice…
Have you thought about this a lot? Quora is Adam's baby. He owns most of it and has been involved as a primary investor for... I'm not sure how long. Before that he was CTO of Facebook and an early investor in Instagram. He's made immense returns on these investments. I don't have numbers, but I would bet money he could buy back Quora from investors with cash and still be a several-hundred-millionaire. With that said…
Also, if the site can be run completely independently (and it looks like operational costs are rather low) then why even take VC in the first place? Surely the effects of hundreds of millions requiring a return could easily be predicted as eventually causing problems?