Wednesday, November 14, 2007

Automattic Founders To Take Big Money Off The Table

It didn’t make a lot of sense when we heard that Automattic, the company that created the blogging platform and oversees the open source project, turned down a $200 million buyout offer. But apparently the investors weren’t ready to cash in their chips yet, and made CEO Toni Schneider and founder Matt Mullenweg [...]

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