-
Website
http://www.mathewingram.com/work -
Original page
http://www.mathewingram.com/work/2008/01/22/wordpress-lands-a-whopper/ -
Subscribe
All Comments -
Community
-
Top Commenters
-
scrawledinwax
23 comments · 1 points
-
webomatica
35 comments · 5 points
-
howardlindzon
46 comments · 69 points
-
JoeDuck
57 comments · 1 points
-
Karoli
32 comments · 39 points
-
-
Popular Threads
-
In defence of newspapers and serendipity
3 weeks ago · 43 comments
-
Are independent bloggers an endangered species?
2 weeks ago · 8 comments
-
Bloggers, trust, MSM and correction fluid
1 week ago · 2 comments
-
Why media outlets want Facebook Connect
2 weeks ago · 1 comment
-
First Read: Follow the Breadcrumbs : CJR
2 weeks ago · 1 comment
-
In defence of newspapers and serendipity
It seems to me that the company was able to operate pretty lean up until now. I can understand taking on some money to boost the growth curve, but $29.5 million?
Wouldn't $10 or $15 million be enough? I also wondering what kind of valuation they got?
Cheers,
Aidan
www.MappingTheWeb.com
$200-million acquisition offer, so I assume it's higher than that.
I think the storage announcement from earlier this week shows a little of that. They didn’t just want to beat the competition they wanted to beat them by a wide margin so their customers don’t even think to question their platform choice.
That is what I think the explaination is for the sudden money influx too. Wordpress has always been a company that values working lean so I don’t think they’ve gone money crazy overnight. I think this is just the realization that they are in front and that they need to have a war chest on hand to fend off attempts by competitors to take their market share.
My .2 cents,
Sir Dryfuse
www.dryfuse.com