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Quora in the next YC batch

blog.ycombinator.com

11–20 of 188 posts

Re: Quora in the next YC batch

#11
Hard to imagine what's in it for Quora.

- Network connections? Their CEO is the former CTO of Facebook.

- Help with fundraising? They raised $80mm at $900mm valuation not more than a month ago.

I strongly suspect Quora is planning a huge pivot which they feel is ambitious but doable in 3 months, and YC believes in the value of this pivot; that is the only plausible explanation I can think of.

Re: Quora in the next YC batch

#12
post #8

I wonder if Quora actually applied, or if the idea was generated outside of the application process. I'm also pretty curious what the terms of the deal are (although I don't expect to actually get those details) with the new standard funding package.

adam and i talked about it outside of the normal application process

Re: Quora in the next YC batch

#13

Wow, what a great experiment. How can Quora employees get involved? What percentage of the company does YC get? Did you even make an investment? Given their huge fundraising and valuation, getting even 1% and giving them around $100K both seem odd.

we did invest. as a general rule, i think investors shouldn't disclose terms, but if the company wants to, fine w/me.

Re: Quora in the next YC batch

#15
No way they are taking the traditional 7% ~ $120k deal. From Crunchbase they already got $141M fund, and let us be very conservative and say their valuation is just $400M. 7% percent of that is 400,000k*0.07 = 28,000k.

I guess Quora will be treated the same as other batch's participants (except I wonder how many of Quora's employee will be physically in SV), but Quora got different deal.

Re: Quora in the next YC batch

#18
Funny thing, I visited Quora today, for the first time in a while. Years, maybe:

Googled something, Quora near top results, clicked link, "signup" nag screen, results blurred out, left page.

I guess I still don't get it. Curious to see what this will be about.

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