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A comment on Squarespace to Go Private in $6.9B All-Cash Transaction with Permira. Parent comment

Re:Squarespace to Go Private in $6.9B All-Cash Transaction w... by echelon on Monday May 13, 2024 @12:23PM (#40345017)
That means the TAM is fully owned and you have to work that much harder to grab a slice.

"Competition is for losers."

I suppose if you're really passionate about the space, go ahead, but it's incredibly crowded with dozens of players. Some are even owned by the fintech giants.

[ Parent | on HN ]
Re:Squarespace to Go Private in $6.9B All-Cash Transaction w... by morkalork on Monday May 13, 2024 @01:23PM (#40345719)
There's a whole ecosystem of adjacent services-for-SMBs providers in hosting, domains, online advertising etc. and all the companies are running the "commoditize their products complements" playbook. Anyone trying to enter the market is competing against prices that don't even make sense in isolation.
[ Parent | on HN ]