2. Opportunities and Threats
β’ A product that is
customizable to users
tastes
β’ Provide expert
information not just
opinions
β’ Site that collects
knowledge
β’ More intelligent than
Yahoo answers
β’ Google
β’ Limited domestic
utilization
β’ Competition: Yahoo
answers, Reddit,
Wikipedia
3. Make the Investment
β’ Our investment- $20 Mil
β’ Venture Capital - $750K
β’ Love Money- $10K
β’ Angel Money- $240K
4. Strengths & Weaknesses
β’ Mission: to share and
grow the worldβs
knowledge
β’ Human Algorithm
β’ Social Network
β’ Quality predictors
β’ We are cash heavy,
capital investment
weak
β’ Privacy concerns β must
register with actual
names but getting
legitimate information
5. Show me the money..
β’ Expert personnel
β’ Web design advancements
β’ Advertising
6. What is in for me you ask?
β’ For 10 % of the business you will be part of a site
that:
β Has created its own algorithm for ranking answers
β World wide presence: 30% of users from India
β Civil exchange of intelligent information
β Net profit for internet companies currently 19-22%
7. Quora- You be the VC
Team 4- SMaCK Down
Crystal Taylor
Matt Storer
Shirley Neese
Editor's Notes
A Q&A site that launched in 2010Founded by 2 former FB employees- Adam DβAngelo and Charlie CheeverWeb had social networks, news sites, and wikipedia that rounded up online and off line sourcesQuora made the case the internet was missing out on a valuable knowledge source- personal experiences
Others make attempts to organize world knowledge with sophisticated algorithms; Google & IBM WatsonQuora wants to provide a place where all the information in peoples heads that is not written down can be shared
Our focus is on expert information- relying on data that is accurateProviding opportunity to see what trending β web design advancementsExpand our markets- West cost Silicon Valley and NYC- targeting the Midwest
Unique ability to provide only the best information1/3 in an emerging market with plenty of potential to feed the need for knowledge