Photo illustration: Xeni Jardin
Automattic, the company that makes WordPress, announced today that they have raised $160 million– more than ten times their total investment in their decade-old company. This is their first capital injection in six years, somewhat of a surprise for a company that only recently stated it was healthy and making profit. The purpose of raising this money is to accelerate growth, a pretty common reason to pile money on yourself.
Two things are interesting about this: First, that Automattic can raise this kind of money at this stage in the game, and second that they might actually have to. With companies like Tumblr and Facebook focused on blogging-related activities and supplied with nearly endless war chests, it's nice to see that open-source WordPress can still have a fighting chance. How they'll manage that absurd amount of money has yet to be seen.
New Funding for Automattic on Matt Mullenweg's blog
We just got the Sport model of the EPIKGO hoverboard at my office. Besides being terribly chic, it’s apparently bulletproof.
Ok, it’s not just solar powered. It’s also an anti-theft, waterproof marvel that keeps my phone’s power bar from ever getting into the red.Sure the idea seems obvious now – tuck a gigantic solar powered battery pack into an exposed slot and turn the wearer into a walking energy harvester. Simple maybe, but I didn’t […]
The office I work in is full of things old people buy to make themselves feel young again. I can honestly say that our awesome new toy, The Swagtron T3 Hoverboard, makes me feel very, very old. I’ll explain why later. Swagtron T3 Pros There’s no way to overcharge the battery and that means no […]
Wireless headphones aren’t a mind-bending thing anymore now that Apple made them the standard thing-to-be-outraged-over-in-the-new-iPhone fare, thereby killing the cool factor. But let’s be reasonable here. Wires really are a pain when you’re running, trying to get off the bus, or even just standing up from your desk. Wireless headphones make sense, they just don’t […]
Python is such a commonly used general-purpose programming language and features such (comparatively) simple syntax, that most veteran programmers consider it an excellent foundation for aspiring programmers. The Python 3 Bootcamp Bundle packs over 30 hours of training into nine courses to build that foundation for you.If you’ve never had any introduction to code at […]