Squarespace raises at $1.7B valuation

Gerrit De Vynck for Bloomberg, on whether or not Squarespace should go public:

Analysts and bankers have been expecting the company to go public since at least 2016. Casalena declined to comment on IPO plans but said he’s building a company capable of doing so. “We want to do this on our own time table,” he said. “We’re not in a rush.”

Anthony Casalena, quoted, is the CEO of Squarespace. I’ve personally had dealings with Anthony and I can’t say enough good things about his approach. He genuinely cares for his company, product, team, and customers. He’s super, super nice. And he moves at a pace that does not get hurried by outside pressure. It is an admirably quality that he continues to display.

Squarespace is one of the great companies in our industry even though they seldom make headlines.

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