Hacker News new | past | comments | ask | show | jobs | submit login

I feel like the smart thing for Verizon to do is to sell it to Automattic but maintain some equity.

Does anyone know if they did that?

They're smart enough to do know that they won't be able to develop it under their own management. But having some presumably better managers develop it and maintaining a stake is probably more profitable than simply selling it off to the highest bidder. And definitely more profitable than selling it "for parts", or closing it down.

Applications are open for YC Winter 2020

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact