Okay, deep breath, let's get this over with. In the grand act of digital self-sabotage, we've littered this site with cookies. Yep, we did that. Why? So your highness can have a 'premium' experience or whatever. These traitorous cookies hide in your browser, eagerly waiting to welcome you back like a guilty dog that's just chewed your favorite shoe. And, if that's not enough, they also tattle on which parts of our sad little corner of the web you obsess over. Feels dirty, doesn't it?
Squarespace Buyout Bonanza: Time to Cash Out as Permira Takes Over!
Bid farewell to public trading, Squarespace fans! In a surprise twist, the web-building giant is going private, courtesy of a $6.9 billion handshake with Permira. Get ready for the same Squarespace charm, just without the stock tickers. #TechGoingPrivate
Hot Take:
Remember when going public was the tech world's equivalent of a moon landing? Well, strap in, because we're blasting off back to planet Private Equity! Squarespace is the latest to ditch the stock market's roller coaster for the cushy ride of a private equity firm's limo. And at $6.9 billion, that's one heck of a fare! Permira, the UK-based firm, is now the captain of this web-building starship. Fasten your seatbelts, creatives and entrepreneurs; your website's control panel might not change, but the business behind it is going hyperdrive into the private sector!
Already a member? Log in here