In the last post, I wrote about Quora’s decision to lean into AI and the company’s (somewhat forced) business model transition. Given the rapid adoption of ChatGPT and Google’s decision to directly query Quora and other forums, Quora’s decision should probably be viewed both from the lens of a ‘brilliant strategic move by a founder-led company’ and a requirement to survive. The decision that Quora faces is not too dissimilar from the choices that other consumer internet companies will very soon have to make.
GETY and SSTK's equity values are roughly the same as of today (+$500m), should make for easy reference in a couple years for how it plays out