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They raised $588m across rounds in 2019 and 2021. For a company founded in 2005. They’ve started doing something that’s burning A LOT of cash and I didn’t fin
by finnthehuman 2y ago
They raised $588m across rounds in 2019 and 2021. For a company founded in 2005. They’ve started doing something that’s burning A LOT of cash and I didn’t find public product direction that explains it (in only 20 minutes of googling tbf).
Dwindling runway as a theory to explain squeezing WPE and Matt’s public communications is getting harder to ignore.
- solarkraft 2y agoMatt has stated in a recent Slack conversation that Automattic is doing great financially.
- rideontime 2y agoHas anybody credible made that claim though?