Does anyone know or wonder what made the AB staff to come up with AB?

by gmeades on June 17th, 2008

Answerbag was founded in July, 2003 by Joel Downs and purchased by Demand Media, Inc., in 2006. The company is located at the Demand Media headquarters in Santa Monica, California."

Unlike other Social Q&A sites, Answerbag archives only unique questions with the best answers to each; it does not allow duplicate questions, so people looking for answers can find them easily without looking under multiple instances of the same question. Answerbag also allows any questions to be answered at any time, and those answers may be rated at any time, so the best answers will be thoroughly vetted and will filter to the top. Further, the Answerbag community works together to help identify duplicate questions, spam and other inappropriate content that is removed from the site.

In 2006, Answerbag was the first social Q&A site to add both Image Answers and Video Answers, allowing their members to express themselves in new ways and share knowledge in whatever medium is most appropriate. Questions like “how do you do a wheelie?” or “how do you bathe a baby?” are very hard to answer using straight text, so Video Answers were added to meet that need.

Answerbag’s target market is anyone who is looking for information. Like a traditional search application, just about anyone can benefit from the experience, opinions, and archived, vetted answers found on Answerbag. Its members are 55 percent male, 45 percent female and 50 percent are between the ages of 18 and 34. Currently, Answerbag’s social Q&A experience is only available to English-speakers.

On average, registered members ask at least one question. Of those who answer questions, 50 percent answer more than one, and 25 percent answer 10 or more. People are naturally inclined to share their knowledge, and using their Social Q&A Platform, Answerbag lets web sites facilitate this interaction and give their users additional service and a more engaging experience, thereby increasing loyalty and returns.

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Source:
http://www.startupbeat.com/thepitch/2007/03/