Resold WordPress invites on eBay revealed monetization potential to founders
Matt Mullenweg · WordPress & Automattic: Matt Mullenweg · Mar 21, 2022 · at 48:55
Matt Mullenweg, founder of Automattic and WordPress, describes how an invite system implemented to manage server demand uncovered consumer willingness to pay.
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“And then these tickets started to sell on eBay. So people would get the free ticket, and then they would start to list it or sell it, and tickets were starting to sell for like, 9000 dollars, 120 dollars on eBay. And we were like, huh, maybe people will pay for the site. So that really kind of opened up our mind, those people selling the gold tickets opened up our mind for the business opportunity of it.”
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