[fijiaarone]

Automattic is hurting financial. That is why they asked employees to take severance and why they are lashing out at their competition.

[frankacter]

>Automattic is hurting financial.

What are you basing this off of?

"In 2024, Automattic's revenue reached $710M up from $580.2M in 2022. The company previously reported $580.2M in 2022, $418.3M in 2021. They do this with a small 2k team."

[tiffanyh]

Probably mostly from Tumblr.

https://techcrunch.com/2023/07/12/tumblr-is-losing-30m-each-...

[mplewis]

Automattic needing more money explains all of Matt M's moves.

[andrewflnr]

Does it? I mean, it explains the desperate attempts at getting more money, but it doesn't fully explain his hamfisted execution. There are smarter ways to go about extorting your competitors.

[bubblesnort]

Everyone can experience mania at some point in their life. Anything can happen because the brain works differently.

idk, perhaps he should see a shrink.