4 ms·
For what it's worth WP Engine didn't raise "hundreds of millions of dollars." Their most recent round was a PE deal that resulted in the investor taking a contr
by dopamean 9y ago
For what it's worth WP Engine didn't raise "hundreds of millions of dollars." Their most recent round was a PE deal that resulted in the investor taking a controlling interest in the company. Most of the $250 million figure went to buying out option holders.
I worked there for 2.5 years (a great experience) and it mostly felt like a mature business rather than a growth stage startup.
- goatherders 9y agoI worked there too back when it actually was a growth stage startup. What you say only further proves the point: I don't understand how it is a "startup" when there is no exit left for founders and employees. Their exit pretty much happened already.