Saturday, August 13, 2011

Startups with billion-dollar valuations

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Quora is an $86 million-dollar company with a billion-dollar state of mind.
So far it has raised $11 million at an $86 million valuation from Benchmark Capital and individual investors.
Earlier this year it was rumored to be raising another round, but was rejecting offers that would make its valuation a "mere" $300 million.
The founders think Quora has far more potential than that. It supposedly turned down a $1 billion acquisition offer.

Posted via email from Inspiration

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