$12 BILLION. Great. This is the game changer.
They’re trying to become a next Twitter/Facebook.
No one can stop Bitcoin. I can’t imagine this can happen in Japan now.
In an interview, Mullenweg said that he is aiming to use the money for a number of things, including growing the business, expanding its small employee base of 240 and increasing marketing. While Automattic has been run as a break-even business, he noted that it would now begin “leaning in aggressively to take advantage of opportunity, which we all believe is a big one.”