I know that Wordpress as a platform touches a ton of people, but I'm curious to see what sort of revenue Automattic must be doing on the paid side to justify a $1B+ valuation. I guess it's possible this has little to do with the company's earning potential, and everything to do with reach and influence.
I find it amusing that one comment questions how the valuation is so high, while another questions how it is so low (compared to a competitor).
While there is a separation between Automattic and the WordPress Foundation, the fact that WordPress powers something like 1/5th of all websites can't be overlooked.healthy. The WordPress VIP service has been picking up a lot of very large enterprises as customers. I imagine their revenue is very