Answers Corporation, Q4 2008 Earnings Call Transcript

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2009-02-19 05:49:18.0

Tags: U.S., Community, Call Transcript, Earnings, Wikipedia, Wiki, Online Communications, Seeking Alpha, Answers Corp.

Question-and-Answer Session

Operator

Thank you. (Operator Instructions). We got Colin Gillis of The Street Research.

Colin Gillis - The Street Research

Hi good morning everybody.

Bob Rosenschein

Hi Colin.

Colin Gillis - The Street Research

Really impressive quarter I mean great results in a tough times.

Bob Rosenschein

Thank you, thank you Colin.

Colin Gillis - The Street Research

As now as we look forward and your WikiAnswers is closing in on 10 million questions. Let’s talk a little bit about the degree of scale for that property. Could we ever see the site hitting the number of 1 billion questions and also talk about strength of the community structure, can it scale to support that kind of growth?

Bob Rosenschein

Bruce you want to take that?

Bruce Smith

Sure, the billion number is actually number that things turn around a few times because it is our belief that there are no limitations to the size, the database of questions and answers can become on WikiAnswers. And we have talked internally about having, billion questions 10 years from now.

So we do believe that, that is a real possibility as to how big WikiAnswers can get. With regards to the community, the community does scale with the size of the database and the size of the activity. We currently have over 500 volunteers, supervisors, we are attracting new users continuously and as Bob said as we move internationally we are going to be looking to replicate the community we have in the United States and many other countries around the world.

Now, that's one of our unique competitive advantages how we do community is very, very different than everyone else out there. And we think it's going to be one of those things we have going forward as we grow internationally as we continue to grow in the United States. So, there is a lot of investment we have to make. But the upside, we do not see a limit to the upside.

Colin Gillis - The Street Research

But, how're you going avoid sort of the tapping on the growth that Wikipedia had?

Bruce Smith

Well, just to give you a little points of reference for everybody, we currently have about 19 million unique visitors in the United States in January on WikiAnswers. Wikipedia has a little over 60 million worldwide. We think we are probably 30 million to 35 million. We do not have the exact numbers, but I have seen numbers on Wikipedia that worldwide they have over 250 million unique visitors.

 

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