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VIEW EVENT INFORMATION: Wordpress |
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Automattic Founders To Take Big Money Off The Table |
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About the organization Wordpress: Type: Business Sub-Types: Website, Computer, Computer Software, Blogging, Blog Hosting Agent, Text Hosting Agent, Application Software, Telecommunication, Telecommunication Software |
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Notable Organizations: Techcrunch, Wordpress |
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It didn’t make a lot of sense when we heard that Automattic, the company that created the WordPress.com blogging platform and oversees the WordPress.org open source project, turned down a $200 million buyout offer.
But apparently the investors weren’t ready to cash in their chips yet, and made CEO Toni Schneider and founder Matt Mullenweg a counter offer they couldn’t… |
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