5 Interesting Learnings from Squarespace at $700,000,000 in ARR
SaaStr
APRIL 17, 2021
Perhaps the most interesting thing is just how similar both these website-builder-plus-ecommerce companies are. It’s growing at the same rate (~30%), booming from ecommerce (+78% for Squarespace, +60% for Wix). As a result, it’s quite profitable, with $150m in free cash flow in 2020. #2. 85% NRR.
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