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Stack Exchange Raises $40M Led by A16Z to Boost Its Programmer Forums

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Re: Stack Exchange Raises $40M Led by A16Z to Boost Its Programmer Forums

#21
post #17

Also on Joel on Software: http://joelonsoftware.com/items/2015/01/20.html

> ...buried in thousands of pages of stale forums. Now this, my friends, is one of the major problems of stackoverflow today!

Except you don't have to browse to page four of a giant thread to find out a posted solution doesn't work, and you can update an old answer when the information becomes outdated, etc.

Re: Stack Exchange Raises $40M Led by A16Z to Boost Its Programmer Forums

#22
post #19

Unfortunately, Tech Crunch labels Stack Exchange as a 'forum'. It's not. A Forum is for hanging out and sharing. It may have information you need, it may not. You will spend a lot of time scrolling through useless material finding it. Or even worse: http://xkcd.com/979/ Stack Exchange will not waste your time. You have a much higher chance to find the answer you're looking for. In short, while Forums and Stack Exchan…

Every time Stack Overflow is called a forum a moderator gets an eyetwitch.

Re: Stack Exchange Raises $40M Led by A16Z to Boost Its Programmer Forums

#23
"Spolsky says that two-thirds of its revenues today come from recruitment services, via its Stack Overflow Careers site, and one-third from advertising."

I found this very interesting. Stack Exchange is an insanely useful service, but I struggled to figure out how they would monetize it. (Similar to Wikipedia) They're received enough money that exit valuation expectations are high. I guess the cash flow projections from these are enough.

Re: Stack Exchange Raises $40M Led by A16Z to Boost Its Programmer Forums

#24
post #4

One interesting nugget: more than half of the 200+ employees at Stack Exchange are working on StackOverflow Careers. Has anyone used SO Careers? Opinions?

2 reasons for this:

1 - It generates 2/3 of the money.

2 - It probably requires the most handholding from Sales and Customer Support. There's only so much scaling they can do.

Re: Stack Exchange Raises $40M Led by A16Z to Boost Its Programmer Forums

#25
post #16
post #4

One interesting nugget: more than half of the 200+ employees at Stack Exchange are working on StackOverflow Careers. Has anyone used SO Careers? Opinions?

I posted a decent programming job in a decent market on there about a year ago, but didn't get any qualified applicants.

Stack Exchange is to Jobs postings as Facebook is to Advertising.

Both have massive potential audience, but both don't deliver engagement and effectively eat your budget.

Facebook isn't largely effective (in part) because the audience isn't there to be advertised to, their busy socializing with friends/family. Stack Exchange isn't effective as a Job Bulletin because the audience isn't there to find a job (they probably already have one), they're there to get assistance for a problem.

Re: Stack Exchange Raises $40M Led by A16Z to Boost Its Programmer Forums

#27
post #8
post #4

One interesting nugget: more than half of the 200+ employees at Stack Exchange are working on StackOverflow Careers. Has anyone used SO Careers? Opinions?

I would guess most of those employees will be in sales / account management where the job would be to develop relationships with businesses to post jobs on StackOverflow. For example, look here [1]. [1] https://hire.jobvite.com/CompanyJobs/Careers.aspx?nl=1&k=Job...

[deleted]

Re: Stack Exchange Raises $40M Led by A16Z to Boost Its Programmer Forums

#30
post #28

I often ask a question on Google, get taken to a Stack Exchange site, and find that yes, they have my question, but some moderator closed it before it got answered. SE got my traffic, but I didn't get my answer. Isn't that broken?

Can you provide examples of some of those questions? Usually when I encounter that, it's been closed as a duplicate with a link to the original.
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