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If You Can’t Beat ‘Em, Buy ‘Em

Started by Toby Dayton · 12 months ago

The New York Times and a group of venture/private equity firms, including Polaris Venture Partners, True Ventures, and Radar have invested $29.5 million in Automattic, the commercial arm of the popular blog platform WordPress. The New York Times’ stake is reportedly the smallest in this new round, and the other 3 firms invested $1.1 million [...] ... Continue reading »

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