Y Combinator, which has been going through an identity crisis, just welcomed Quora (a $900 million, 7-year-old company) into its summer batch of early-stage startups. The accelerator will also invest in Quora's latest round, which happened one minute ago and was supposed to keep the Q&A site independent "forever and ever."
Forever is a mighty long time. Just ask Prince. But that's the lifespan that Quora thinks it scored by accepting $140 million in venture capital. According to Re/code, the Series C round values the 4-year-old, revenue-less Q&A site at $900 million, more than double the $400 million it was "worth" in 2012.
If Quora's presumptuous plan to "grow the world's knowledge" doesn't work out, perhaps it can pivot into a Silicon Valley burn book. This insider spat between blogger-turned-investor Ben Parr and Napster founder John Fanning is a good start. Things got so litigious, a Quora admin had to put on his Tina Fey bossy pants and break things up.
Quora bills itself as nothing less than "your best source of knowledge"—not your dad, not your librarian, not Wikipedia. The company, spawned by two righteous Facebook alumni (one since ousted), has raised tens of millions from investors who think it can back this claim up. But a little poking around shows Quora's got a lot of learning to do—today it's the Tumblr of opinions.