We announced some funding news today – so no need to keep reading those rumor based posts 🙂
Here are the official details from our CEO, Matt Mullenweg:
I’ll start with the big stuff: Automattic is raising $160M, all primary, and it’s the first investment into the company since 2008. This is obviously a lot of money, especially considering everything we’ve done so far has been built on only about $12M of outside capital over the past 8 years.
And a good recap by Liz Gannes and Kara Swisher over on re/code.net.
Great interview with Matt Mullenweg on KTEH “This is Us!”:
Worth watching — and look out for yours truly who can be seen from various angles in this short 5 minute video 🙂
Great piece in this month’s Inc. magazine by Matt: “The Way I Work: Matt Mullenweg”:
I travel a lot, but when I’m in San Francisco, I usually work from home. Everyone else works from home, too. We’re a virtual company. We recently got an office on Pier 38, a five-minute walk from my apartment. I’ll go to there once a week, usually Thursdays, and for board meetings, which happen about once every two months. We leased it so we wouldn’t have to keep borrowing conference rooms from our VC partners. It’s kind of sad; we have this great space right on the water — and six days a week, it’s empty. Of the 40 people working for the company, eight are in the Bay Area, but that’s just a coincidence. They could be anywhere in the world.
We all communicate using P2, something we launched that allows users to publish group blogs in WordPress. It’s a bit like Twitter, but the updates come in real time. With P2, we can share code and ideas instantly. There is a dedicated channel for each part of the company, and when there’s a new message, it shows up in red. It may be someone talking about development or what he or she had for breakfast. I also use Skype for one-on-one and mini group chats.
In my home office, I have two large, 30-inch computer monitors — a Mac and a PC. They share the same mouse and keyboard, so I can type or copy and paste between them. I’ll typically do Web stuff on the Mac and e-mail and chat stuff on the PC. I also have a laptop, which I have with me all the time, whether I’m going overseas or to the doctor’s office. I’m pretty rough on my laptops. I go through about two a year. I keep a server for my home network in the closet. I really enjoy computer networking. I sometimes do tech support for our employees who live in the Bay Area.
I know people I talk to are always fascinated by our organization and how we are setup and completely virtual. This piece provides a few more good insights as to how it all works.
Great Interview with Matt today in the USA Today:
WordPress has become so entrenched on the Web that many of the biggest names use it now — a roster that includes CNN, Fox News and The New York Times, House Speaker Nancy Pelosi, Coca-Cola and General Electric, along with millions of ordinary bloggers.
“People might start with LiveJournal or Blogger, but if they get serious, they’ll graduate to WordPress. We try to cater to the more powerful users,” says Mullenweg, 25.
I especially like the comment made by Dermot over at CNN.com:
CNN runs 30 blogs, and they’re all created the same way the general consumer does it: Programmers go to WordPress.com, sign up and create.
CNN programmers tweak the basic templates afterward to CNN’s needs, so that a CNN blog looks nothing like, say, a blog from Time magazine or Fox News. “It looks like a website that would have taken six to nine months to create, but it’s a blog we made in just a few hours,” says Dermot Waters, a senior producer for CNN.
Here is a short video interview as well:
Vodpod videos no longer available.
The full article is here.