Quora, a company started by ex-Facebookers, has raised a large amount of capital at a mind-boggling valuation from Benchmark Capital’s Matt Cohler, an ex-Facebooker himself. Why is the company getting this super valuation? And is it really worth all that money? My take. Read more »
Foursquare is being actively wooed by four major venture capital investors, which are valuing it at between $50 million and $70 million. And it isn’t the only startup seeking a “big round” at a “big valuation” — indeed, big-ticket investments are making a comeback. Read more »
Gravity, a site meant to foster online conversations between people with common interests, became available to the public today. The company, founded by a trio of former MySpace executives and funded by Redpoint Ventures and August Capital, has built a, easy-on-the-eyes, snappy forum platform. Read more »
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Quora, a new startup from ex-Facebook employees including former CTO Adam D’Angelo, wants to inspire a massive user-created question-and-answer site to compete with Yahoo Answers and Wikipedia. It’s currently in closed beta. Read more »
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