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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There was a worry before I started this that I was going to burn every bridge I had. But I realize now that there are some bridges that are worth burning.

— Valleywag editor Sam Biddle