Read Matt Mullenweg Identifies GoDaddy as a “Parasitic Company” and an “Existential Threat to WordPress’ Future” by Sarah Gooding (WP Tavern)
On Thursday Matt Mullenweg responded to an inquiry on Twitter from Jeff Matson, a Pagely employee, about whether Automattic’s Newspack platform had all open open source components or some pro…
WordPress open source or WordPress.com? Recall that Automattic is a VC backed company now and Matt has a big dog in the hunt.
Read A $200 Million Seed Valuation for Roam Shows Investor Frenzy for Note-Taking Apps (The Information)
The shift to remote work has buoyed the valuations of several startups making productivity tools. The latest is Roam Research, which has raised $9 million at a valuation of $200 million, or about 25 times higher than the median valuation for seed rounds.Roam is tapping more than a dozen ...
Roam Research should really be going the Zebra route and not the VC funding route. If the 11 person company is truly self-supporting with its current user base and there’s so much upside for growth, they’d be far better off to keep that value internally.

The only reason for VC funding is if they’re looking to do questionably moral things with their users’ data in the future. Data lock in was already my primary concern before this funding round, now its a complete deal blocker.

The VC funding model means that their long term viability is limited, particularly with the competition in the space. The only reason for company management to take this sort of funding is hopes at a quick buy out and large cash windfall at which point their mumblings at data and privacy for users are moot. Buyer beware.

Aside: From a marketing perspective the photo on this article has me wavering between the ideas of a Northern European shoegaze band and an Arizona-based hipster religious cult.

Annotated An Open Letter to Marc Andreessen and Rap Genius by dwhly dwhly (Hypothesis)
The lessons of Twitter and Facebook, other Internet-scale basic service layers that most of us use, are instructive here. After the honeymoon period is over, and disruptive returns need to be generated to pay off limited partners or satisfy public shareholders, the tensions that these monetization efforts create ultimately seem to separate the motivations of management from those of users and the broader ecosystem. How will Rap Genius–and Marc Andreessen–navigate these questions? 
This is probably the question of the past two decades which many companies are only beginning to realize.

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