Keep pulling the thread on Matt Mullenweg.
WooCommerce now accounts for over half of Automatic's total revenue.
WordPress powers over 40% of all websites on the internet, a market share 10 times larger than the second-place platform, Shopify.
Automatic, the company behind WordPress.com, is valued at over $7 billion.
Meta's Llama license is not considered true open source because it requires a special license for services with over 750 million monthly active users, violating the 'freedom to use for any purpose' principle.
WP Engine, represented by the law firm Quinn Emanuel, filed a multi-million dollar lawsuit against Matt Mullenweg personally, the WordPress Foundation, and Automatic.
The WordPress trademark was transferred to the non-profit WordPress Foundation, but Automatic retained the exclusive commercial license and the right to sub-license it to other companies.
The next major development phase for the Gutenberg editor will introduce real-time collaborative co-editing, similar to features in Google Docs and Notion.
Automatic acquired Tumblr from Verizon in 2019 for a reported price of approximately $3 million.
Automatic is currently migrating all 500 million Tumblr sites to be powered by WordPress on the backend.
Automatic currently generates approximately $500 million in annual recurring revenue.
Matt Mullenweg's angel investments via his entity Autry Capital include stakes in Stripe, SpaceX, Calm, Ring, August, and SmartThings.
The private equity firm Silver Lake acquired WP Engine in 2018.