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They sold it for a reported $180 Million[1] While chump change to the likes of Google, it demonstrates Squarespace views this business as highly profitable. Mi
by Alupis 3y ago
They sold it for a reported $180 Million[1]
While chump change to the likes of Google, it demonstrates Squarespace views this business as highly profitable. Migrating an acquired business into your systems makes a lot of sense.
Unless you have some evidence it would have been just simply shut down otherwise, I think you're inferring things that do not exist. Few if any of the other "shut down by google" operations could have sold for anywhere near this amount, as they almost universally lost money and/or were niche.
[1] https://www.theregister.com/2023/06/18/google_domains_shutting_down/#:~:text=Deal%20involving%20millions%20of%20domain%20names%20reportedly%20hits%20%24180%20million&text=Google%20has%20sold%20off%20Google,be%20looked%20after%20by%20Squarespace https://www.theregister.com/2023/06/18/google_domains_shutti....
- zinekeller 3y agoAnd they're also shutt- I mean deprecated their enterprise version? (https://cloud.google.com/domains/docs/deprecations/feature-deprecations https://cloud.google.com/domains/docs/deprecations/feature-d...) That doesn't sound like "oh, we're selling this because it's valuable money" but more of "we don't have the energy to maintain this".