WP Engine hints at IPO with hiring of Bazaarvoice’s Heather Brunner as its COO(thenextweb.com)
thenextweb.com
WP Engine hints at IPO with hiring of Bazaarvoice’s Heather Brunner as its COO
http://thenextweb.com/insider/2013/04/03/wp-engine-hints-at-potential-ipo-with-hiring-of-bazaarvoices-heather-brunner-as-its-coo/?fromcat=all
7 comments
no, we're not going to IPO any time soon. But, we're a lot more than 1% of $100mm in revenue. We actually did $1mm in revenue in our first year, and we're supporting our team growth based on revenue.
Ah, I thought this was your first year. I guess I'm off by a year or two on your growth. (I didn't mean to be particularly critical of WPEngine, just of the "IPO" thing)
"I guess I'm off by a year or two on your growth"
or three :). We've been around for a lot longer than folks realize - just been very "heads-down" building a strong business rather "TechCrunch Hype" focused, etc.
or three :). We've been around for a lot longer than folks realize - just been very "heads-down" building a strong business rather "TechCrunch Hype" focused, etc.
No way. IPO soon? NO WAY.
http://wpdaily.co/wpengine-ipo-rumor/
http://wpdaily.co/wpengine-ipo-rumor/
Congrats on the hire. Best of luck in your growth and success!
Woah. Been hiring a lot recently. Not surprising.
Congrats guys
Wow, movin' and shakin'. Congrats WPE!
Awesome! Congrats everyone!
From the figures I've seen, WPEngine is about 1% of that. (EDIT: oops, that was just their first year; didn't realize they've been around since 2010)
I haven't seen any credible news source pushing the "IPO" story here, just a bunch of "weird" news sources (maybe within the wordpress industry niche?) which TNW picked up. Or, a writer at TNW wrote a really breathlessly positive article about a company he personally liked, and threw the IPO thing in to make it interesting.
I'd bet on this being a weird marketing strategy for the WPEngine product; fake IPO rumors around a fairly mundane HR decision to get buzz and customers. If so, well played!