When you value Tumblr, it's everything. When you value Automattic/WordPress you're valuing their hosting and paid packages but perhaps aren't putting a figure to their OSS offerings?
I agree that it doesn't seem to make much sense.
Yes there is some overlap in people involved but Automattic / WordPress.com and WordPress.org are separate things.
I guess it's possible this has little to do with the company's earning potential, and everything to do with reach and influence.
While there is a separation between Automattic and the WordPress Foundation, the fact that WordPress powers something like 1/5th of all websites can't be overlooked.healthy. The WordPress VIP service has been picking up a lot of very large enterprises as customers. I imagine their revenue is very
I was wrong, but I didn’t realize it until I took on the CEO role in January.
Find this to be really odd.
And it leads into this, which is at odds with the previous statement that they were growing as fast as they can. Did they discover any new avenues for growth that required a whole new raft of capital?
..and we realized we could invest more into WordPress and our products to grow faster
I love the company and Matt. Met him briefly in India many moons ago when he was attending a Wordcamp here.