How much money did Matt Mullenweg make?
Automattic has been tight-lipped about how much of the blog software maker's $29.5 million financing round went into the pockets of founder Matt Mullenweg. In November, TechCrunch said that "most" of a new round would go to buy out Mullenweg and other shareholders, in an effort to dissuade them from selling the company. To the Wall Street Journal, Automattic only conceded that "some" money went to the founders. But Mullenweg himself has not been so coy.
On January 4, he wrote in a Twitter, "Heading out to bank to initiate purchase, beginning of a life change." What kind of a purchase requires a bank visit? Usually one involving a wire transfer. I'm thinking a house, a very expensive car, perhaps an extravagant rock to put on longtime girlfriend Glenda Bautista's finger. One thing's for sure: Mullenweg looks very good in fancy suits. (Photo by Scott Beale/Laughing Squid)