GigaOM :: The “crowdsourced” question-and-answer site Quora raised more than a few eyebrows on Monday by closing a new $50-million round of financing that values the fledgling company at $400 million, despite a conspicuous lack of scale when it comes to users. Is this just another example of the bubble-style funding rounds that have made Instagram and Pinterest the talk of the VC business — or a sign of how much power the “Facebook mafia” have in Silicon Valley — or is Quora really onto something that could potentially turn into a multibillion-dollar idea?
Continue to read Mathew Ingram, gigaom.com
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