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Matt Mullenweg talks about Automattic’s staffing issues and financials at TechCrunch Disrupt
WordPress co-creator and Automattic CEO Matt Mullenweg talked about his fight with WP Engine, Automattic's staffing issues, and the company's
Mullenweg repeated a lot of stuff from the past month about the trademark fight, WP Engine not contributing to the community, and misleading customers to believe it was associated with WordPress.com. Earlier this year, Blackrock, one of the investors in Automattic, marked down their investment to almost half the value from the time they bought the shares in 2021. While Mullenweg didn’t directly address that markdown, he said the company generates around half a billion dollars in annual revenue, running at “break even or better,” and hiring aggressively.
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