US knowledge-sharing website Quora Inc has kicked off preparations for an initial public offering (IPO) in early 2022, according to people familiar with the matter. Quora has in recent days held talks to hire investment bankers and lawyers for a stock market debut in New York, the sources said.

Is Quora publicly traded?

Quora, Inc. Mountain View, California, U.S. Quora (/ˈkwɔːrə/) is a social question-and-answer website based in Mountain View, California, United States, and founded on June 25, 2009. The website was made available to the public on June 21, 2010.

What happens when an IPO goes public?

An IPO is a big step for a company as it provides the company with access to raising a lot of money. ... When a company goes public, the previously owned private share ownership converts to public ownership, and the existing private shareholders' shares become worth the public trading price.