Matt Mullenweg Reinstated as CEO of Automattic Following Board Turmoil In a stunning development, Matt Mullenweg is back in the driver’s seat as CEO of Automattic, the parent company of WordPress.com. This follows a chaotic week that saw him temporarily ousted by a board vote. In a statement released on Saturday evening, the company confirmed … Read more
Mecka AI Hits $500M Valuation in Sequoia Deal
Olivia D
Mecka AI Poised for Major Funding from Sequoia Capital Mecka AI, an innovative startup focused on revolutionizing humanoid robotics through human motion data collection, is reportedly on the verge of securing a new funding round led by Sequoia Capital. This financing could potentially value the company at around $500 million, as per sources familiar with … Read more
Thrive Capital Sparks VC Investment in Pro Sports
Olivia D
Collaborative Fund Enters Sports Ownership with D.C. United Investment In a groundbreaking move, Collaborative Fund, a New York-based venture firm with a 15-year history and around $1 billion under management, is making its mark in the world of professional sports. The firm has taken a stake in D.C. United, a prominent soccer club in Major … Read more
