Automattic was founded 15 years ago, and despite being a profitable and growing company for most of that time, has only raised $617.3 million, mostly to fund sp

Automattic was founded 15 years ago, and despite being a profitable and growing company for most of that time, has only raised $617.3 million, mostly to fund specific expansion projects. At no time have they sought 10x returns or some kind of spectacular exit for the benefits of its shareholders. It’s not even close to the disaster that is most of VC world.