Formspring Reaches 25 Million Registered Users + Infographic
Formspring, a social network that lets people find out more about each other by asking each other questions has reached the 25 million user mark in just 18 months. The news of the new milestone is also accompanied by the addition of Sukhinder Singh Cassidy to the company’s Board of Directors. Singh Cassidy most recently served as the CEO at social commerce site, Polyvore, Inc, she also served as CEO-in-Residence at Accel Partners, and also spent some time at Google as the President of its Asia Pacific and Latin American divisions.
At this time, Formspring has yet to share how it plans to monetize the site. While the site is still new, it appears the company does have some ideas to continue growth and monetize, so it will be interesting to see how it turns out. It’s also no secret that the Q&A space is very hot right now, there are a lot of new companies in it and all of them are looking for ways to one-up each other.
Formspring also provided this neat infographic which shows off some of its data about how people are using the site.