I just love this reply. I think Ev should buy Matt Mullenweg a couple of beers and do some talking. No VCs in the middle — just a couple of brilliant guys talking shop.
As you point out, there’s lots of different models. Automattic has been valued at over a billion and they use multiple revenue streams from advertising on “free” sites to corporate blog hosting. Time.com blog is hosted on Wordpress… Tell me Medium isn’t more user friendly!
Incidentally… you’re still using GoDaddy? Check out Namecheap. Better prices and better service! Plus, if you miss a renewal date, the fee they sting you with is less than half the fee GoDaddy charges.