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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Entrepreneurship

Entrepreneurship

adam D’Angelo – The brain behind quora

Adam D'Angelo
Adam D'Angelo -Image courtesy of Business Journals Adam D'Angelo -Image courtesy of Business Journals

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Adam D’Angelo is the founder and CEO of Quora, a question-and-answer website. He is also an entrepreneur and computer scientist who has been involved in startups since he was a teenager.

The Early Life of Adam D’Angelo

Adam D’Angelo was born in a Jewish family in New York. He studied at Greenwich Country Day School and later went to Phillips Exeter Academy for high school. There, he was a member of the mathematics honor society, Pi Mu Epsilon, and got an A* in his A-levels exam.

Adam D’Angelo’s parents were both computer programmers. His father worked as a software engineer at Bell Labs, and his mother was a database administrator. This probably had a big influence on D’Angelo’s later career.

Adamn D’Angelo’s Educational Background

Adam attended nursery school at the Jewish Children’s Museum in Brooklyn. When he was four, his family moved to Los Angeles.

D’Angelo went to college at the California Institute of Technology (Caltech), where he studied computer science. He graduated with a degree in 2002 and then worked on the software team at Google. For primary school, he joined the Greenwich Country Day School in Connecticut.

After he graduated, Adam immediately started working at Google with Larry Page and Sergey Brin. As part of the software team, he worked on building YouTube’s first video player.

Adam’s Early Career

At 15, Adam D’Angelo was a summer intern at Wolfram Research in Champaign, Illinois. He built the Mathematica-Java interface for the company.

When he was 17, he started his own company called Buddyz. Together with two friends, they created websites and sold advertising on them. His parents supported his business idea by giving him $20,000 in seed money.

Adam D’Angelo moved to Silicon Valley when he was 18 years old, where he lived with Mark Zuckerberg of Facebook fame. Two years later, after Google had already bought YouTube for $1.65 billion, D’Angelo left Google to work at Facebook. At that time, Mark Zuckerberg was the only person at the company with whom he had worked previously.

Adam’s Career at Facebook

At Facebook, Adam D’Angelo became an early employee of the now-famous social networking site. He helped build some of its core features, including its news feed and comments systems.

D’Angelo also designed a service called Wirehog that would have allowed people to share files on their profiles. However, Facebook never implemented it.

While he was staying with Mark Zuckerberg in Palo Alto, they came up with the idea for what would become Quora. The initial concept was to make it more like Wikipedia than traditional question-and-answer websites. It has since evolved into its unique site.

In 2010, Adam D’Angelo left Facebook to become Chief Executive Officer of Quora. He has been running it ever since.

The Founding of Quora

After graduating from Stanford in 2006, D’Angelo started working on Quora with his friend Charlie Cheever. They both recognized that the internet was missing a site where people could ask questions and get quality answers.

Quora was launched in 2009, and within a year, it had got 1.5 million users and their first round of funding worth $11 million. However, marketing Quora was not an easy task. Therefore, in 2011, D’Angelo hired his first full-time marketer.

In August 2013, Quora raised a new round of funding worth $80 million. This brought the total amount raised by the company to $141 million. As of 2014, Quora has 105 employees. In 2015, Quora was valued at $1.8 billion. By 2020, it is estimated that Quora will be worth $5.4 billion.

Adam D’Angelo on Quora

On Quora, Adam D’Angelo is known for his detailed answers to startups and computer science questions. He also writes about his experiences as an entrepreneur and CEO.

In one answer, he talked about how he chooses which new projects to work on:

“I think about this a lot. I generally want to work on things that I think are important and that I have some insight into… and I also like working on things where I can have a large impact.”

In another answer, he talked about the importance of learning from failures:

“I think it’s very important to be open to learning from your failures. A lot of times, people are very defensive about their failures and don’t want to admit that they made any mistakes. I think that’s a very bad attitude because you can learn a lot more from your mistakes than from your successes.”

Moreover, D’Angelo is also open about the challenges that he faces as CEO of Quora:

“One of the biggest challenges I face as CEO is making sure that we’re focused on the things that are going to be most valuable for our users in the long run. This means saying no to a lot of requests and features, even if they might be popular.”

Adam D’Angelo’s Controversies

While Adam D’Angelo has been successful in his career, he has also faced some controversies. In 2010, he was accused of copying the idea for Quora from a website called Stack Overflow.

Later in 2012, he was criticized for deleting posts on Quora that were critical of Facebook.

In 2016, he was criticized for not doing enough to prevent fake news from spreading on Quora.

However, these controversies have not had a major impact on Quora’s popularity or valuation.

Adam D’Angelo’s Remarkable Achievements and Awards

Adam D’Angelo has been recognized for his achievements in the technology industry. In 2010, he was named to the MIT Technology Review TR35 as one of the top 35 innovators in the world under the age of 35.

Later on, in2012, he was awarded the Crunchie Award for Best CEO.

In 2016, he was named one of the 50 most powerful people in Silicon Valley by Forbes.

Adam D’Angelo’s Wealth and Net Worth

In 2019, Adam D’Angelo’s net worth was estimated to be $1.5 billion. Later in 2020, his net worth was at $2.1 billion. This is a result of Benchmark’s $80 million investment in Quora in 2013. By the year 2021, Adam D’Angelo’s net worth is expected to be $3.5 billion. His estimated earnings per year are around $150 million. He is ranked as the 216th richest person in the world as of now.

Quora’s Future Potential

Currently, Adam D’Angelo’s estimated net worth is at $2.1 billion. He has successfully maintained this position since 2016. However, it can be assumed that Adam D’Angelo will soon take over Jeff Bezos as the richest person globally because of his remarkable achievements and investments in Quora. In 2020, Forbes predicted that he would have a net worth of around $5 billion which means that he will have a 60% growth in his net worth in just one year.

Quora is estimated to be worth $5.4 billion by the year 2020. This estimation is based on the assumption that Quora’s user base and engagement will continue to grow at the current rate. Moreover, the company is expected to make significant profits in the near future because of its strong position in the market and its focus on monetization. Thus, it can be said that Adam D’Angelo’s investment in Quora has already started to pay off, and he is likely to become even richer in the years to come.

Read more on: JACK COWIN’S BILLIONAIRE JOURNEY


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