Spring.me: Difference between revisions

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In response to its growth, Formspring received a $2.5 million series seed round of funding from a large group of angel investors, including SV Angel, Lowercase Capital, Kevin Rose, and Dave Morin.<ref>{{cite web | url=http://bits.blogs.nytimes.com/2010/03/18/spring-brings-funding-for-formspringme/?_r=0 | title=Spring Brings Funding for Formspring.me | publisher=The New York Times | date=18 March 2010 | accessdate=12 January 2014 | author=Stone, Brad}}</ref> In January 2011, it received an additional $11.5 million series A round of funding from Redpoint Ventures and Baseline Ventures.<ref>{{cite web|title=Formspring|url=http://www.crunchbase.com/company/formspring|publisher=CrunchBase|accessdate=18 August 2011}}</ref> To further guide the site's growth and explore revenue streams for the company, Formspring named Rogelio (Ro) Choy as COO in April 2011.<ref>{{cite web|publisher=TechCrunch|title=Formspring Names Ro Choy COO; Has Answered Three Billion Questions To Date|last=Lacey|first=Sarah|url=https://techcrunch.com/2011/04/21/formspring-names-ro-choy-coo-has-answered-1-billion-questions-to-date/|accessdate=21 April 2011}}</ref> On June 28, 2011, Formspring announced that its 25 millionth user had signed up.<ref>{{cite web|last=O'Dell|first=Jolie|title=Q&A App Formspring Hits 25 Million Users [INFOGRAPHIC]|url=http://mashable.com/2011/06/29/formspring-25-million-users/|publisher=Mashable|accessdate=18 August 2011}}</ref>

In June 2011, Formspring launched features for celebrities to better communicate with their fans, including verified accounts.<ref>{{cite web|publisher=Mashable|title=Celeb Q&A: Formspring Adds Special Features for the Famous|last=O’Dell|first=Jolie|url= http://mashable.com/2011/06/10/formspring-celebrities/|accessdate=9 January 2012}}</ref> Celebrity Formspring users cancould be found on the site’s “Formspring Favorites” section,<ref>{{cite web|publisher=Formspring.me|title=Formspring Favorites |url=http://www.formspring.me/favorites|accessdate=9 January 2012}}</ref> which categorizescategorized verified users by music, comedy and various entertainment verticals. In November 2011, Formspring launched a media partnership program,<ref>{{cite web|publisher=Mashable|title=Formspring Partners With MTV, Hearst And Others For Topical Q&A|last=Kessler|first=Sarah|url=http://mashable.com/2011/11/03/formspring-partners-with-mtv-hearst-and-others-for-topical-qa/|accessdate=9 January 2012}}</ref> partnering for the first time with media outlets including [[MTV]], [[Hearst Corporation|Hearst]], [[Funny or Die]] and [[The Huffington Post]].

As of early 2012, Formspring had reached over 4 billion responses.<ref name="Empson">{{cite web|publisher=TechCrunch|title=Formspring Hits 4 Billion Answers; Transforms Into Content Curator With "Smile Sort"|last=Empson|first=Rip|url=https://techcrunch.com/2012/01/09/formspring-hits-4-billion-answers-transforms-into-content-curator-with-smile-sort/|accessdate=9 January 2012}}</ref> In February 2012, Formspring was named a top ten most innovative social media site by Fast Company.<ref>{{cite web|publisher=Fast Company|title=The World's 50 Most Innovative Companies|url=http://www.fastcompany.com/most-innovative-companies/2012/industry/social-media#formspring|accessdate=13 February 2012}}</ref>