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History Of Quora

History Of Companies - 57

By TheNaethPublished about a year ago 3 min read

A social question-and-answer website and an online knowledge market, Quora is based in Mountain View, California, in the United States of America. The company was established on June 25, 2009, and it was made accessible to the general public on June 21, 2010.Users have the ability to work together by modifying questions and commenting on answers that have been given by other users.There were 300 million people that visited the website every single month as of the year 2020.

Co-founders Adam D'Angelo and Charlie Cheever, both of whom had previously worked for Facebook, established Quora in June of 2009.

The valuation of Quora, Inc. was estimated to be $86 million in March of 2010. On August 11, 2009, Quora was made accessible to the general public for the first time. It was commended for its user interface as well as the quality of the answers that were submitted by its users, many of whom were acknowledged as experts in their respective disciplines upon its first release.

The number of people using Quora rapidly expanded, and by the end of December 2010, the website was seeing surges of users that were five to ten times higher than its typical load. This was so significant that the website initially struggled to be able to manage the extra traffic.

In June of 2011, Quora's website underwent a facelift that improved both its navigation and its usability. On the basis of what had worked and what had not worked when the website had undergone tremendous growth six months previously, co-founder Adam D'Angelo likened the new Quora to Wikipedia.

He added that the adjustments to the website were made based on what had worked and what had not worked the previous time.In September of 2012, Charlie Cheever, who was one of the co-founders of the firm, resigned from his position as co-operator and assumed an advising role. After then, D'Angelo continued to have a significant amount of influence over the business.

A blogging platform that enables users to publish information that does not need a response was introduced by Quora in January of 2013. The full-text search of questions and answers was first introduced on Quora's website in March 2013, and the capability was later made available on mobile devices in late May of the same year (19). As an additional announcement, it was made in May of 2013 that the metrics of use had quadrupled in comparison to the same time period the previous year.

In November of 2013, Quora released a tool known as Stats, which enables all users of the platform to examine both summary and comprehensive information about the number of people who have read, upvoted, and shared their questions and answers.Despite the fact that Quora did not have any immediate intentions for monetization, TechCrunch stated that the company anticipated that search advertisements will most certainly one day become their primary source of income.

As Quora developed into "a more organized Yahoo Answers, a classier Reddit, and an opinionated Wikipedia," it gained popularity in the fields of technology and grew more popular.During the month of April in 2014, Quora was able to get $80 million from Tiger Global, which was reportedly valued at $900 million.

According to a study that Quora made in September 2018, the website was attracting 300 million unique visits each and every month. Quora did not have the same amount of popular cultural influence as sites like Twitter, which at the time had over 326 million registered users.

This was despite the fact that Quora had a high number of people actively participating in its platform. It is possible that this was due to the fact that a significant percentage of registered users on the website did not make frequent use of it. Furthermore, many of these individuals were unaware that they had accounts since they had either made them unintentionally via other social networking sites that were connected to Quora or created them years ago and forgotten about them.Using popups and interstitials, Quora achieves a similar effect to that of a metered paywall in that it requires users to log in or register before they are able to see further material.

In December of 2018, Quora made the announcement that a data breach had compromised about one hundred million corresponding user accounts.The information that was compromised included the names of users, their email addresses, passwords that were encrypted, data from social networks such as Facebook and Twitter if individuals had chosen to connect those network accounts to their Quora accounts, questions that users had posed, and replies that users had written.

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