In a blog post this morning Matt Mullenweg, one of the founders of WordPress, shares that Tiger Global has invested over $50M in his company, Automattic. This isn’t a new capital round or series round – rather, it’s based on secondary stock purchases so that earlier investors can “lock in some returns” which releases pressure for a much larger liquidity event. Tiger Global joins the likes of Polaris Partners, True Ventures, Radar Partners, and the New York Times Company all who have stake in the growing company. As Toni Schneider shares in his blog post, Tiger isn’t a small player (although a more “behind the scenes” […]
This is your WordPress weekend roundup – blog posts that we couldn’t entertain fully in the past week but that might still be worth your time. We spend our weekend curating this list so that you don’t have to! We hope that by spending a few hours (or more than a few hours) that we save hundreds if not thousands of our own community’s time! It is an opportunity we can’t pass up! And at this point we’ve done over 20 of these at this point! Ready? Here we go!