Court Showerman works as CFO of Quora, a Data Collection & Internet Portals company with an estimated 500 employees; and founded in 2009. Prior to joining Quora, Showerman was the FP&A manager at DemandTec (IPO then bought by IBM), served as Assistant Controller at RingCentral (IPO), served as Controller at Dropcam before its’ acquisition by Google.
At Quora, Showerman is responsible for the following tasks/undertakings:
Built Quora’s Accounting and Financial Planning and Analysis operations from the ground up Overseeing all corporate accounting, FP&A, and auxiliary functions including revenue, AP, AR, payroll, 401K, treasury, technical accounting, equity program, tax, financial systems, insurance, budgeting, internal and external financial reporting including BOD, investor relations, and facilities.
Worked on a mixture of complex tax filing and tax restructuring projects. Developed and drove necessary financial policies, procedures, and systems to scale with business growth. Converted from Quick Books to NetSuite, rebuilt the chart of accounts, and translated historical financial statements to the new chart of accounts. Hired, trained, and developed a team of over ten finance, accounting, and facilities staff.
Under Showerman, Quora has raised $85M, Aquired Parlio (a similar Q&A site), began advertising, and rolled out Quora+, which allows users to pay a fee for otherwise restricted content. Faced with mounting expenses in 2020, Quora made the tough decision to reduce headcount (and their burn rate). There are qualified rumors of an IPO set for early 2022.