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by FireBeyond 613 days ago
The thing that hasn't got a lot of attention so far is that Automattic sold their stake in WPEngine TO Private Equity.

And that the other active board member of the Foundation is the Managing Partner of a Private Equity firm, appointed by Matt himself.

So I don't really buy it when he talks about PE as leeches (they often are, but I think it's an appeal to popular opinion in this case.)