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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).