The Tim Ferriss Show

Ep 61: The Benevolent Dictator of the Internet, Matt Mullenweg

Feb 9, 2015
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INSIGHT

Open Source As A Strategic Advantage

  • Open source is a software bill of rights giving users freedom to use, inspect, modify and redistribute code.
  • That transparency and permissive community dynamics enabled WordPress to scale broadly and attract contributors.
ANECDOTE

How WordPress Began And Took Off

  • Matt forked an abandoned project at 19, renamed it WordPress, and focused on standards and simple installation.
  • The famous "five-minute install" became a competitive advantage that accelerated adoption.
INSIGHT

Design For Long-Term Incentives

  • Designing for openness removes incentives to withhold features for profit and fosters long-term community growth.
  • Thinking years ahead about incentive consequences shaped WordPress's ecosystem and plugin economy.
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