2 ms·
Are they in that valuation trap Fred Wilson wrote about? High valuation, too much burn, tight IPO market?
by leorocky 12y ago
Are they in that valuation trap Fred Wilson wrote about? High valuation, too much burn, tight IPO market?
- krogsgard 12y agoThey've been running with positive cash-flow even without the investments. Few employees and relatively low costs. Matt notes in his personal post that they are capital constrained for faster growth but not for operations, so it's not about running out of money but having more money now for current opportunities. http://ma.tt/2014/05/new-funding-for-automattic/ http://ma.tt/2014/05/new-funding-for-automattic/
- lifeofanalysis 12y agoCould be. But unlikely. See my detailed comment below.