Episode of My First Million with Sam Parr and Shaan Puri.
Topics
- Introduction to Matt Mullenweg and WordPress
- Turning Down a $200M Acquisition at Age 24
- The Early Days and “Overnight Success” of WordPress
- Monetizing the WordPress Ecosystem and the WooCommerce Acquisition
- Open Source Philosophy vs. Proprietary Models (Shopify)
- The WP Engine Controversy and Trademark Protection
- Automattic’s Unique Hiring Process: Auditions and Global Pay
- Customer Support Rotations and Management Lessons from Silk Road
- The Impact of DeepSeek and Open Source AI Models