Quora was co-founded by two former Facebook employees, Adam D’Angelo and Charlie Cheever.
Charlie stepped down as an operator in the company in 2012 and Adam D’Angelo still serves as the company’s CEO.
The company is still privately owned, and there’s not much information out about their P&L’s, but it doesn’t seem like the company has ever turned a profit over the last 12 years.
Which means the only money either of the co-founders have earned from the business has been their salaries.
That being said, Quora was valued at $2 billion in a recent funding round, and is set to go public over the next few months with a potential valuation of as much as $4 billion.
Which means Adam and Charlie’s stock could be worth at least a few hundred million, depending on how much of the company they still own.
Hopefully, they have a good plan to diversify those gains.
Because according to a recent study out of Goldman, investing up to 33% of your portfolio into real assets like gold, real estate, and even blue chip art
could potentially help Adam and Charlie protect those Quora profits, and even help them grow their portfolios faster.
And if they were looking for a way to diversify into real assets, art has been a solid choice for decades.
Research shows contemporary art
has outpaced both real estate and gold by more than three to one over the last 27 years, and even outpaced the S&P by 131%.
Even better, art has historically acted as a hedge during market volatility.
Which could be why 98% of millionaire collectors allocate at least 5% of their portfolios to art, with some investing 30% or more, according to a survey by UBS.
Unfortunately, most investors are not like Adam and Charlie, which means they don’t have a couple million lying around to buy some of the world’s most investable paintings.
But that’s no longer a hurdle. Thanks to the award winning fintech company, Masterworks
, anyone can easily invest in multi-million dollar paintings from artists like Banksy and Picasso, starting with just a few thousand bucks.
All you need to do is go to this link
to sign up for a membership and you can start browsing their offerings.
Over 750,000 people have already joined, so offerings can sell out quick. But you can skip the waitlist with this link
.