DISQUS

Mathew's comments: Matt Mullenweg sells a stake in Automattic

  • Seth Finkelstein · 3 years ago
    OK, the VC's are for the business contacts and the connections. I can understand that. It's not just about cash.
  • James · 3 years ago
    Although...

    If you're a middle class programmer, and folks keep telling you how great a job you've done with your development, and you could lay in some savings for giving up a small portion of the company you'd built (and you were 22!), taking a little cash sounds like a great idea.

    I don't think it's right to speculate on the ranking of each factor - cash, contacts, experience, connections - that a deal brings forth, but, though it's not cool to acknowledge, never underestimate the motivation of cash.
  • Mathew · 3 years ago
    Thanks for the comment, James. An excellent point.

    Mathew