Quora, a 10-year-old question-and-answer startup based in Mountain View, is laying off staff in its Bay Area and New York offices, the company’s CEO announced on the site today.
Recode reported last year that Quora was locking down $60 million at a $2 billion valuation, noting at the time that the startup had around 200 employees.
The company has publicly disclosed $225 million to date according to Crunchbase, from investors including Benchmark, Peter Thiel and Y Combinator.
We do not want to be dependent on outside capital, so self-reliance and careful management of our resources are crucial to our future,” D’Angelo wrote.
Over the past several weeks, layoffs have been hitting startups, including several in SoftBank’s portfolio as well as Mozilla and, just today, genetic testing startup 23andMe. | To read full story, visit https://startuparound.com/read/1579815006.7332544/Layoffs-hit-Q&A-startup-Quora-–-TechCrunch?ref=audio_experience