Pearl Raises Cash, Leads Move To Paid Answers
Summary for: Pearl Raises Cash, Leads Move To Paid Answers
TopNews Article On Pearl Raises Cash, Leads Move To Paid Answers Regarding Million, Businessoriented, Questionanswer, Services, Feeservice, Company, Pushing, Founder, Pearl, Justanswers, Boasts, Annual, Approach, Revenues, Kurtzig, Service, Unique
TopNews article on Pearl raises cash, leads move to paid answers regarding Million, Businessoriented, Questionanswer, Services, Feeservice, Company, Pushing, Founder, Pearl, Justanswers, Boasts, Annual, Approach, Revenues, Kurtzig, Service, Unique
What types of online information services can make money by charging fees rather than relying on advertising?
That's the sort of question that one might put to the business-oriented question-and-answer service Pearl.com.
And the answer might be ... business-oriented question-and-answer services like Pearl.com, which just raised $25 million in a new funding round led by Glynn Capital, with participation from brokerage mogul Charles Schwab, lawyer Larry Sonsini and others.
Formerly know as JustAnswers, Pearl.com already boasts more than $100 million in annual revenues, said founder Andy Kurtzig. The company is pushing forward with a fee-for-service approach in a niche populated by both free and paid service.
The category leader, Yahoo! Answers, uses the freebie model, and had 53.6 million unique visitors last month, acc