Semil Shah On Quora

Frequently Asked Questions About Quora The incredible growth of Quora has also led to an equally incredible growth in chatter, punditry, and analysis ..... If organized correctly, the information contributed to and categorized on Quora could not only result in the best Q&A site ever, but it may also transform into a new type of search engine and destination for information. .... Those who contribute content to Quora do so because, in exchange for their contribution, Quora gives them the chance to establish a brand, reputation, and areas of expertise. ..... Quora has a very good idea of what interests its users have, and that is very, very valuable knowledge. .... where the mutual meeting place is Quora.

Twitter: $45 Million To $150 Million To $250 Million

Image via CrunchBaseSo Twitter made $45 million last year, and it is projected to make $150 million this year. These numbers are a slap in the face of those who kept asking back in 2009, okay, so Twitter has all these users, but how will it ever make money?

Some of those pundits are saying the same about Tumblr. Well, these are going to be Tumblr's numbers two or three years from now, more like two. If you can get deeply engaged users, monetization is just a matter of time. The players that matter know that simple fact.

FourSquare Has 6,000,000 Users

Image via WikipediaFourSquare has put out a blog post that I urge you click over to. The post displays a cool infographic.

FourSquare has 6,000,000 users. That is awesome. The last I was keeping track they had a million users heading to two million. That is a rapid ascent.

I expect FourSquare to keep that pace. It has been a company to watch. The next five years are looking really good for the mobile web, and there FourSquare competes with itself.

An Ode To Steve jobs

Jack Dorsey Also Has A FinTech StartUp

Image by Joi via FlickrGreat minds think alike. I have a FinTech startup. Jack Dorsey also has a FinTech startup. Square is a FinTech startup. But my FinTech startup is going to be bigger than Jack Dorsey's. I am giving Jack Dorsey five years to prove otherwise.

I am not making this up, but I thought of something like Twitter about six years before it actually showed up. I was thinking, there has to be a way for celebrities to interact directly with the fans. But I was not thinking 140 characters.

New York Times On General Assembly, The Coworking Space

TechCrunch: General Assemb.ly Scores $200,000 Grant To School Big Apple Entrepreneurs

When I was at the General Assembly on Friday, a team from the New York Times dropped by. They took my pictures too, but apparently pictures of me were meant for their private collection. This is the article they put out as a result.

Rachel Sterne: CDO

A Mind Blowing Party

In Nepal where I grew up that would have meant Chief District Officer, one mean post back in the days of absolute monarchy. You did n-o-t want to ever get noticed by the CDO. Worst case scenario you might simply have disappeared. Some of the most politically vocal people did. They simply disappeared.

250K Or 500K: How Much To Raise?

Image via WikipediaI am in mind to raise 250K from Union Square Ventures. That would be my first choice. I can guarantee you I can get Fred Wilson to give me 15 minutes of his time any day for me to able to pitch him. That much I know. But the deal is up in the air. I am not going to assume it will happen. That part is not in my control. What is in my control is I am going to leave no stone unturned to get him. My part is in my control.

Serenity Prayer - Wikipedia, the free encyclopedia

Another idea that is being floated by some people on my team is that I raise 500K, but without giving equity. It would be like I get 500K, and in my next round - which could happen in as little as six months - I give that money a 600K valuation. I would be very open to that.

Founder CEOs And Google

Image via WikipediaThe Chrome OS needed to kill Windows yesterday, five years ago. And Google is still not looking to kill Windows. Google not having a Founder CEO is the reason why. The early venture capitalists who put in the early money messed up. They should have brought in someone like Eric Schmidt as a COO, the Chief Operating Officer. Larry Page should have been CEO all along.

Bill Gates was young and he was CEO. Mark Zuckerberg is still young. He even looks the part. You can't dismiss a Founder CEO just because he or she is young. That is extra true for history making companies. It is a DNA thing. Founder CEOs come with the DNA.

The Stink From The New York Times

Image via CrunchBaseNetflix has a market value of $10 billion. The New York Times has a market value of barely one billion dollars. Articles like this one are the reason why. This feels like a hachet job done by a Vinod Khosla enemy.

The title of the article itself is so out of the whack. The microfinance industry in India is nowhere close to collapsing. Not even close. The article itself talks about how 1% of those who borrowed the money might no longer be able to pay. That is not a collapse. That is an excellent default rate. The default rates at big New York City banks that rich people and companies borrow from are much higher. And I am talking pre Great Recession numbers.
Image via CrunchBase
Just like the default rate remains low, yes, there are borrowers who have committed suicide because they could not pay back. But the article makes it sound like the microfinance industry in India has given rise to a country wide epidemic of suicides. People are committing suicide left and right by the roadside. That would be like taking the news of one Congresswoman in Arizona getting shot and making it sound like now there was a raging civil war in America.

My Tech Partners Sunil Madhu, Marty Monaco