30 posts and columns on Matt Mullenweg
News Bytesaid 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.
I think there is always a space for both. Whenever there’s a new form of media we always think it’s going to replace the old thing and it never does. We still have radio, however long after TV was introduced.
– Matt Mullenweg, on old media being displaced by new media, from an interview with Martin Nisenholtz
It’s really hard not to be distracted by the things you think you should be doing, or that you see other businesses doing, and focus in on what actually matters to your chosen business day in and day out.
– WordPress founder Matt Mullenweg, during his Reddit AMA session, offering advice on running a startup
News ByteAutomattic founder Matt Mullenweg said Tiger is buying the shares from early investors and employees, but said the sellers will hold on to “the vast majority” of their Automattic holdings. The announcement comes days after Yahoo’s $1.1 billion acquisition of Tumblr (CORRECTION: A previous version of this story incorrectly reported that Tiger Global was associated with Tiger Management founder Julian Robertson).