Wednesday, February 16, 2011

A $300 Million Valuation Isn't Enough For Quora [SFGate]

Business model tbd, valuation reportedly > $300M

Quora, the Q&A site from Facebook veterans Adam D'Angelo and Charlie Cheever, is talking to venture capital firms about taking another round of funding, several sources tell us.

One source close to Quora tells us the startup has has rejected offers that would value the company at more than $300 million.

Quora raised $11 million at an $86 million valuation in March 2010 from Benchmark Capital and individual investors.

A $300 Million Valuation Isn't Enough For Quora

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