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).
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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...
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.