Liz Gannes

Recent Posts by Liz Gannes

Tiger Global Invests Another $75M in Automattic, Buying Out VC Shares

Tiger Global has led a $75 million purchase of Automattic stock, mostly buying out the WordPress.com company’s venture capital investor Polaris Partners, said founder Matt Mullenweg. The Wall Street Journal reported that the deal valued the company at a 25 percent higher valuation than in May, when Tiger Global bought $50 million worth of stock from Automattic shareholders.


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”