January 23, 2008
Featured
This is Matt Mullenweg, the face of the future. If you’ve never heard of him then consider this: Founder of Wordpress and the company behind it Auttomatic which makes great anti-spam software Wordpress has had 5,880,790 downloads In 2007, Wordpress.com had 1.8 million signups The company had seed funding of $1.1 million Last year it is rumoured to have turned down an offer of $200 million Yesterday Auttomatic announced having raised $29.5 million for a minority stake New stakeholders include the New York Times Born in 1984 Yesterday Chris Dalby moved my Wordpress instance…. When I look around at an aging profession where partner age is creeping up to around the 50 mark and when I’m told that you can’t do a great job unless you’ve got experience and then reflect on folk like Matt, or that Google which, according to Stephanie Olsen at News.com: What’s unique about Google is the vastness of the wealth it has created in such a short time and the impact that money could have in coming years…. But Google expatriates are likely to play a greater role in the Valley’s business and culture than any other group, bringing their company’s brainy and shoot-for-the-stars sensibilities to new tech companies, philanthropic causes, and even a wine bar or two…. As I’ve said on many an occasion, the best performing firms are those that recognise the value innovative technology brings. I don’t care that people like Matt are younger than my oldest daughter – and by some years. I care that they have the talent to go do great things…. It should because it describes the commodity that represents 60% of current fee income that I guarantee will disappear in a few years’ time.
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