Automattic Boardroom Coup Tried to Oust Matt Mullenweg in 33 Hours
Updated
Updated · TechCrunch · Sep 18
Automattic Boardroom Coup Tried to Oust Matt Mullenweg in 33 Hours
1 articles · Updated · TechCrunch · Sep 18
Summary
A 33-hour power struggle at Automattic attempted to remove Matt Mullenweg, according to TechCrunch’s latest Equity podcast episode.
Golden-parachute arrangements were struck during the failed ouster, underscoring how serious the boardroom fight became inside the WordPress parent.
The episode says the fallout could leave Mullenweg with even more control over technology that powers much of the web.
The Automattic clash was highlighted alongside other major tech deals, including May Mobility’s SPAC targeting more than $300 million and DoorDash’s $425 million investment in Wonder.