Interview with Matt Mullenweg on Automattic's recent funding news, which outlined a $288M primary round, buybacks, and an internal liquidity market for staff
Hello and welcome to Pipeline. This week: the FBI's warning to startups, OnlyFans pulls a Tumblr and inside Automattic's unusual funding and buyback rounds. Tweets: @bizcarson Tweets: Biz Carson / @bizcarson : Funding news is normally “Ooh, $$$”. Automattic's was far from normal with a buyback, new funding + a voting proxy, and an internal liquidity market for employees. I geeked out with @photomatt on all the mechanics (which he plans to open source, of course) https://www.protocol.com/...