Squarespace to go private

Question

https://investors.squarespace.com/news-events-financials/investor-news/news-details/2024/Squarespace-to-Go-Private-in-6.9B-All-Cash-Transaction-with-Permira/default.aspx

"Squarespace, Inc. (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced that it has entered into a definitive agreement to go private by Permira, the global private equity firm, in an all-cash transaction valued at approximately $6.9 billion. "

YBB9VZerft4xZw3fTF · Accepted Answer

Here comes the massive cuts to the employees

derivvativves · Answer

The private equity era is here, and they're going to squeeze every last penny out of their existing customers and gouging new ones too.

WingardiumMariota · Answer

If you didn't have an incentive to change from Google Domains before, you definitely have one now..

linuxftw · Answer

I really enjoyed my interviews at Squarespace, and personally was a big fan of their site builder experience. Great product, hopefully doesn't get completely trashed.

Squarespace to go private

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