Quora Question: What are the secrets of wealth creation?

Quora Question

Quora Question

Before diving right into the Quora Question: What are the secrets of wealth creation? Let’s talk a little bit about Quora itself. There are many questions on Quora. I randomly picked one of them with many upvotes, which indicates, that it is a good question, but first of all: What is Quora? Quora is a website that started in the States. Of course, everything is from the States. PayPal, Apple, Facebook, YouTube etc. It started on June 2009 by an ex Facebook employee. On 2010, it got funded by Benchmark Capital with an evaluation of $86 million. On 2014 it received $226 million and on 2017 and it received another $85 million from its investors. It’s yearly revenue is just about $20 million and it does not mention, whether it is profitable. Non profit companies like Couchsurfing was, could not improve their app, because it does not make profit, so they can invest money on their product. It is definitely good to make profit to be able to improve your products or services. Currently, its evaluation is at $2 billion with about 300 employees. The Wikipedia founder Jimmy Wales is a consultant for this company. Basically, how this platform works, is everyone can ask questions and everyone can answer. It is based on crowd intelligence, where everyone can decide, whether the answer was good or not by giving upvotes.

Quora Question

It has almost about 1.8 million visitors per day, which about half million visitors more per day compared to Bloomberg, which is quite remarkable. An important and on high demand website, that you can not ignore. That is why I have pickup a Quora Question for you. Currently, the most popular top 3 users are Balaji Viswanathan with about 523 000 followers and 4925 answers. He is the CEO of Invento Robotics. The 2nd top user is Adam D’Angelo with about 417 000 followers and 978 answers. He is the founder of Quora and last but not least Jimmy Wales with about 379 000 followers and 979 answers. He is the founder of Wikipedia.

So that is basically about Quora. I made a video out of the Quora Question: What are the secrets of wealth creation. Without further ado, let’s dive into it.

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