Does this mean more or less money for YouTube sponsor ads?
Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
321–330 of 414 posts
Re: Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
#322Earlier quoted context omitted.
I was part of some social computing facilities and burnt my own and friends’ money to offer basic stuff for people to publish basic html pages, small twitter like service, one nextcloud and one invidious instance. Within weeks, nextcloud was filled with pirated content sharing, html pages were hosting fake bank login phishing pages and moderation became horror. Our colo provider sent us some written warnings to sort…
As a positive example, Mastodon seems to work fine.
Other than playing whack a mole to block all the neo nazi and other hate filled instances, which are legion.
Re: Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
#323Earlier quoted context omitted.
I’ve thought about making my own homepage to replace my instagram/fb and share my life with my friends, but how would anyone find it? I guess I could email everyone and tell them. I’ve wondered if there is a way I could easily get that to the top of Google for my name, but there are a few famous people with my name.
I feel like Fediverse/Mastodon and/or Bluesky sort of solve this problem though. Fediverse in particular has a pretty rich ecosystem with niches for Twitter-like, Instagram-like, Reddit-like, and (I think) even Facebook-like. There's also RSS feeds
I look at those Fediverse things and they just feel like toys.
Horrible, confusing UX. Very limited feature sets. Mediocre performance, at best.
if that's supposed to be the future, call me a luddite I guess.
Re: Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
#324Earlier quoted context omitted.
As much as I'd like to see a web 1.0 revival, this won't happen. The traffic is controlled by Google and social networks. Most people don't have the skills needed to run their own website. A lot of valuable content is created by people without these sorts of skills.
>> The gold rush is over - private equity is going to squeeze every little drop from the companies that have been built and we will move on to Web 3.0 - which will be just like web 1.0 - self-hosting, link directories, newsletters, and guestbooks. > As much as I'd like to see a web 1.0 revival, this won't happen. > The traffic is controlled by Google and social networks. Maybe Web 1.0 won't return as the "dominant cu…
> Maybe Web 1.0 won't return as the "dominant culture," but I wonder if something like it could return as a subculture.
I’m shamelessly link to this thing I’m running[0] because I personally believe that subculture is already (still?) there and I’m doing what I can to help other people discover this fact.
Just recently I added a guestbook to my site and I’m having fun seeing other people doing the same.
Webrings are also doing a comeback. I have hope for a return of a more personal web, even as just a small subset of the whole web.
Re: Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
#325Squarespace was my first experience with a hellish technical interview process back in 2014. I went through like 4 initial screens/take-home assignments for a {something} Analyst role that was considered entry level. I eventually gave up, and from that moment on, I hated Squarespace as a company. These take home assignments weren't even relevant for the role, yet they thought it made sense to inject it into the proce…
Some companies use interviews processes not to test your knowledge but to check the level of inhumanity you’re willing to accept while working there
Re: Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
#326Earlier quoted context omitted.
Most young folks don't understand URLs anymore? "Find us on App Store" or "Find us on Social Media" is the new internet. QR codes that takes you directly into a walled garden is the new web.
Id argue that QR codes are doing pretty well at keeping bespoke URLs alive (although it pains me to see people use qrco.de or other qr code generators that automatically shorten the URL and thus could, at any point, maliciously redirect people to ads or malware instead. I don't see bitly doing this but it's unnecessary risk).
I agree, it's sad to see the QR URL redirects which may go offline and are presumably tracking when a pure option is built into the OS: https://education.apple.com/resource/250011714
Re: Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
#327Squarespace was my first experience with a hellish technical interview process back in 2014. I went through like 4 initial screens/take-home assignments for a {something} Analyst role that was considered entry level. I eventually gave up, and from that moment on, I hated Squarespace as a company. These take home assignments weren't even relevant for the role, yet they thought it made sense to inject it into the proce…
Stock price up ~88% over the last two years and just valued in an all-cash deal at $6.9B.
Yup, they’re right on the verge of that demise.
Re: Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
#328> Permira, the global private equity firm current Squarespace users about to get gouged
If you were a Google Domains customer even before this buyout you were gonna get gouged on renewals.
After like a year or maybe it was 2 I forget, the cost of my domain was going to double from $15 a year US to to $30 with Squarespace.
Moved it to Cloudflare, and now it's cheaper than it was with Google.
Re: Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
#329The gold rush is over - private equity is going to squeeze every little drop from the companies that have been built and we will move on to Web 3.0 - which will be just like web 1.0 - self-hosting, link directories, newsletters, and guestbooks.
I'm not really sure I follow this logic. What connection are you drawing between PE and Web 3.0? People like to hate on PE, it's just negativity bias. Most people don't hear about all of the PE success stories. If PE just ruined companies as a matter of fact, it would not be a good business...and it's an objectively good business to be.
There is no logic. The point is to express that private equity is bad and will immanentize the eschaton leading to their preferred utopian technological world of decentralization.
Re: Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
#330Earlier quoted context omitted.
People hate on PE for good reason - they often make money by destroying good businesses. They sell off the valuable parts for profit, load the debts on what is left, and declare bankruptcy, leaving employees and customers holding the bag. PE is good business for the raiders, bad business for the raided.
That’s a strange cartoony impression that people here have but not generally what they do, even in the case of LBOs which I assume is what you’re referencing but only a small part of what PE firms do. They generally buy businesses that are managed poorly, manage them well, and fix them. And when they part one out like you are referencing, it’s usually a bad business. While what Eddie Lampert did to Sears/K-Mart was c…
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