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Re:Weebly Valued at $455M Amid Website-Building Boom by callmeed on Tuesday April 22, 2014 @01:15PM (#7628927)
I have a small, niche website business so I know a little about this (we aren't on the scale of these guys but do low 7-figures).

Wix and Squarespace at least are spending a ton on PPC customer acquisition. One analysis we saw put their AdWords spend at $10-25K per day (though, I'm not sure how accurate that is).

Also, both Wix and Squarespace advertise on terrestrial radio and television. Squarespace had a Super Bowl ad and I regularly see their ads on Shark Tank (ABC). I hear Wix ads quite often on AM radio.

Squarespace was on Inc's 5000 list in 2011 with 2010 revenues of 11.7M.

Wix went public recently. They had 2012 revenues of $43.68M with a loss of $15M [1].

In the "general purpose business website" space, I think all 3 (Wix, SS, Weebly) see it as a "winner take all / own the market" play (it probably is). So, they are all spending as much as possible to acquire customers.

Wix clearly isn't profitable. I doubt SqaureSpace is. I think it's admirable that Weebly is ... but I almost wonder if they need to spend more to compete.

Re:Weebly Valued at $455M Amid Website-Building Boom by kawera on Tuesday April 22, 2014 @01:29PM (#7629038)
Won't you include Godaddy in the "general purpose business website" space?
Re:Weebly Valued at $455M Amid Website-Building Boom by arbuge on Tuesday April 22, 2014 @01:40PM (#7629124)
If you do, you need to also throw in Godaddy competitors like 1&1 etc. Many have website builders of their own.
Re:Weebly Valued at $455M Amid Website-Building Boom by funkyy on Tuesday April 22, 2014 @01:44PM (#7629151)
afaik SS is claiming it is profitable and it was always breaking even. There was an interview somewhere where the owner said until recent the only outside money was $30K loan from his dad (I think it was one with Alexis Ohanian).
Re:Weebly Valued at $455M Amid Website-Building Boom by callmeed on Tuesday April 22, 2014 @04:13PM (#7630113)
They raised $40M last week [1] ... $78M in total [2]

Almost 300 employees, spending a ton on ad/marketing, and raising that much money–I can't see how they're profitable. I could be way wrong though.

[1] http://blogs.wsj.com/venturecapital/2014/04/15/squarespace-r...

[2] http://www.crunchbase.com/company/squarespace

Re:Weebly Valued at $455M Amid Website-Building Boom by zachb on Tuesday April 22, 2014 @02:34PM (#7629467)
Got a link? Wikipedia confirms the $30K loan from dad, but can't find the interview on google.
Re:Weebly Valued at $455M Amid Website-Building Boom by funkyy on Tuesday April 22, 2014 @02:48PM (#7629559)
https://www.youtube.com/watch?v=GGPj5SOUrn8 I think thats the one. Anyways - imo its extremely interesting and worth watching.