Quora joins Y Combinator’s latest class as an experiment in late-stage investments
May09
Y Combinator just announced that it is adding question and answer service Quora to its Summer class of startups. The move is bound to raise a few questions. It’s a first for Y Combinator, which has never invested in a company as late-stage as Quora. YC head Sam Altman said the decision is a “new experiment,” and he’s not sure if the accelerator will do something like it again. The firm also won’t count Quora in its portfolio stats, since it would skew the results. Just weeks ago, Quora raised an $80 million Series C round with the goal of staying independent…
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