Earlier quoted context omitted.
the deal will increase its revenue outlook by around $8 million So around a 4.5x revenue multiple, which doesn't seem bad for a business that isn't growing rapidly(?)
Since when does revenue matter? That's like selling a car dealership that does $100mm a year for $450mm, when the profit is only, say, 5% per car sold.
Website builder Wix acquires art community DeviantArt for $36M
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Re: Website builder Wix acquires art community DeviantArt for $36M
#92Well I can say wix.com definitely isn't going to fly in Germany (eg. for the same reason that Mitsubishi's "Pajero" vehicle isn't marketed under that name in latin/US America and Spain) [1]: https://en.wikipedia.org/wiki/Mitsubishi_Pajero
Actually: https://www.reddit.com/r/marketing/comments/3d1ux4/wixcom_ma... 160k views on https://www.youtube.com/watch?v=NkAQLw5w1U4 Your weakness can be your strength...
Re: Website builder Wix acquires art community DeviantArt for $36M
#93Re: Website builder Wix acquires art community DeviantArt for $36M
#94Yesterday, coincidentally, there was a surprisingly silly and heated discussion in a large Facebook group about whether a person who specializes in Wix can be considered a "web developer." ( https://www.facebook.com/groups/hackathonhackers/permalink/1... ) Hacker News is biased toward DIYing websites from scratch, but WYSIWYG builders like WIx are very important for those who aren't tech-savvy. DeviantArt, in a world…
Whenever someone asks me advice on building a website, I just say "Wix", unless they are willing to spend 10,000$ or more paying a quality developer to do a custom and probably unnecessary build.
Re: Website builder Wix acquires art community DeviantArt for $36M
#95I think the most interesting detail here is that Wix is doing well enough that it has $36M to spend.
Re: Website builder Wix acquires art community DeviantArt for $36M
#96Re: Website builder Wix acquires art community DeviantArt for $36M
#97I think the most interesting detail here is that Wix is doing well enough that it has $36M to spend.
Re: Website builder Wix acquires art community DeviantArt for $36M
#98Earlier quoted context omitted.
wix and squarespace and godaddy are the new "wordpress site". I ran into a "Squarespace developer" here in Manhattan few weeks back.
Why? It seems like Wordpress still offers the perfect balance between usability and flexibility. At least that was my conclusion after doing research for an association that was looking to host their own website. Wix options seemed to be very static while Wordpress has a plugin for everything. And it's free while you had to pay for "social media plugins" in Wix.
Re: Website builder Wix acquires art community DeviantArt for $36M
#99Wow. I didn't see that coming. I've used Wix in the past for a couple websites and I enjoy the platform but I am curious how they will benefit from this.
Re: Website builder Wix acquires art community DeviantArt for $36M
#100Earlier quoted context omitted.
Haha, I am very well. Yourself? Hit me up on Twitter @jmulder to catch up!
I deleted my twitter because it's a distracting insular tire fire, however, I'll find you on FB. :)