4 ms·

WP Engine hints at IPO with hiring of Bazaarvoice’s Heather Brunner as its COO

19 points by cwilson 14y ago

cubictwo 14y ago
Congrats on the hire. Best of luck in your growth and success!
perezbox 14y ago
Congrats guys
brandondove 14y ago
Wow, movin' and shakin'. Congrats WPE!
ryanduff 14y ago
Woah. Been hiring a lot recently. Not surprising.
jackomo 14y ago
Awesome! Congrats everyone!
saddington 14y ago
No way. IPO soon? NO WAY. http://wpdaily.co/wpengine-ipo-rumor/ http://wpdaily.co/wpengine-ipo-rumor/
rdl 14y ago
This makes approximately zero sense. The rule of thumb is $100mm in revenue (maybe as low as $50mm in annual, or $75mm in run-rate, if things are growing fast) and 3-5 years operating with revenue for IPO now. From the figures I've seen, WPEngine is about 1% of that. (EDIT: oops, that was just their first year; didn't realize they've been around since 2010) I haven't seen any credible news source pushing the "IPO" story here, just a bunch of "weird" news sources (maybe within the wordpress industry niche?) which TNW picked up. Or, a writer at TNW wrote a really breathlessly positive article about a company he personally liked, and threw the IPO thing in to make it interesting. I'd bet on this being a weird marketing strategy for the WPEngine product; fake IPO rumors around a fairly mundane HR decision to get buzz and customers. If so, well played!
- dotBen 14y ago
  no, we're not going to IPO any time soon. But, we're a lot more than 1% of $100mm in revenue. We actually did $1mm in revenue in our first year, and we're supporting our team growth based on revenue.
  - rdl 14y ago
    Ah, I thought this was your first year. I guess I'm off by a year or two on your growth. (I didn't mean to be particularly critical of WPEngine, just of the "IPO" thing)
    - dotBen 14y ago
      "I guess I'm off by a year or two on your growth" or three :). We've been around for a lot longer than folks realize - just been very "heads-down" building a strong business rather "TechCrunch Hype" focused, etc.

19 points by cwilson 14y ago

cubictwo 14y ago

Congrats on the hire. Best of luck in your growth and success!

perezbox 14y ago

Congrats guys

brandondove 14y ago

Wow, movin' and shakin'. Congrats WPE!

ryanduff 14y ago

Woah. Been hiring a lot recently. Not surprising.

jackomo 14y ago

Awesome! Congrats everyone!

saddington 14y ago

No way. IPO soon? NO WAY. http://wpdaily.co/wpengine-ipo-rumor/ http://wpdaily.co/wpengine-ipo-rumor/

rdl 14y ago

This makes approximately zero sense. The rule of thumb is $100mm in revenue (maybe as low as $50mm in annual, or $75mm in run-rate, if things are growing fast) and 3-5 years operating with revenue for IPO now. From the figures I've seen, WPEngine is about 1% of that. (EDIT: oops, that was just their first year; didn't realize they've been around since 2010) I haven't seen any credible news source pushing the "IPO" story here, just a bunch of "weird" news sources (maybe within the wordpress industry niche?) which TNW picked up. Or, a writer at TNW wrote a really breathlessly positive article about a company he personally liked, and threw the IPO thing in to make it interesting. I'd bet on this being a weird marketing strategy for the WPEngine product; fake IPO rumors around a fairly mundane HR decision to get buzz and customers. If so, well played!

dotBen 14y ago
no, we're not going to IPO any time soon. But, we're a lot more than 1% of $100mm in revenue. We actually did $1mm in revenue in our first year, and we're supporting our team growth based on revenue.
- rdl 14y ago
  Ah, I thought this was your first year. I guess I'm off by a year or two on your growth. (I didn't mean to be particularly critical of WPEngine, just of the "IPO" thing)
  - dotBen 14y ago
    "I guess I'm off by a year or two on your growth" or three :). We've been around for a lot longer than folks realize - just been very "heads-down" building a strong business rather "TechCrunch Hype" focused, etc.