Question-and-Answer Site Quora Raises $80 Million - NYTimes.com

Lots of open questions for Quora

"While he did not rule out going public, Mr. Bodnick said the company had no plans for an initial public offering anytime soon, saying, “We have no idea what the future capital structure of the company might be.”

Indeed, Quora might have a hard time going public now, despite the robust market for I.P.O.’s. The company has no revenue right now, although Mr. Bodnick said it expected to introduce advertising at some point.

Having the extra cash will allow Quora to spend more money on technology infrastructure and hiring, knowing it will still have a large cash cushion."

Question-and-Answer Site Quora Raises $80 Million - NYTimes.com