While 2011 was a busy year for the tech industry, don’t expect things to slow down in 2012. We’ve rounded up some of GigaOM’s biggest stories of the year with a bit of insight on what each will mean for 2012.
How are people like Sun co-founder Scott McNealy, Paypal co-founder Max Levchin, Wordpress founder Matt Mullenweg, Cisco CTO Padmasree Warrior and Foursquare founder Dennis Crowley approaching 2012? We asked 12 of the best-known tech industry leaders to share their New Year’s resolutions with us.
Blogging has evolved, becoming more than just a source of straight information or opinion, but of rich context. But that’s not enough. Blogs need to evolve further, to become open, more social — to reflect more accurately our dynamic, real-times lives.
Om reported yesterday that Automattic, which makes the blogging platform WordPress (which we use), just raised $29.5 million in a B-round of venture funding. It is a big deal for the blogging industry — one investor is The New York Times, just the latest warning flare over the bow of old media. (True Ventures, an Automattic investor, has also funded GigaOM.)
Founder Matt Mullenweg has now blogged about the deal: what ‘Act II’ means for Automattic; how his company got here; some of the lessons he learned along the way. You’ll identify with the entrepreneurial tale:
“In 2005 Automattic was small. Through some miracle I had convinced Donncha O Caoimh, Andy Skelton, and Ryan Boren to leave their safe jobs, join a company with almost no money in the bank run by someone with no experience, and whose core idea was to give away and open source all our core IP. There were more questions than answers. Would a hosted version of WordPress move beyond the geek appeal the OS project had? How would the virtual company with no office work? Could we develop a service alongside an OS project without screwing both of them up? Should I raise money? Most importantly, would it scale?…”
Some of the answers to his questions were “hard-learned,” Matt writes. Aren’t they always? Which is why there is wisdom to be taken from Matt’s experience. Read his full post here.
Updated: Correction: Polaris (and not True Ventures) led this current round, having put in $20 million of the total $29 million raise. The V…