Yeaaaaaaa it’s Private Equity so they’re literally going to bankrupt the company and siphon off all the profits and proceeds to the PE firm. I’d seriously suggest divesting all your stuff from squarespace to something else before the inevitable crunch.
You know how many huge brands/companies are owned by private equity firms? Ones that have been owned by them for many many years and ones that you probably still use to this day. Not every instance of private equity buyouts ends in a toys r us scenario.
@@The-Caged-Kingheyyyy nice comment, really well chosen words, i like it, buuuut it'd be nice to have some examples? some sources? the only example you've shown is a bad one and I don't think that helps with your case.
@@The-Caged-King I mean, when the thing being bought is a small business bordering on a scam whose main marketing strategy is the same as Raid Shadow Legends or Raycons, it usually does end like that.
@@lady.foxpoint do a google search. Do the proof checking yourself. You shouldn’t believe any sources I would give you to begin with, look for yourself if you actually care to know
This will 100% affect square space. Private equity has a history of forcing higher profits through increase of pricing and decrease in costs... They almost all look for short term gains as opposed to long term vision.
@@sunbleachedangel public do the same. But it can be harder to swing the entire board to go equaly all inn, as opposed to a single buyer saying "i dont give a shit just do it".
@@sunbleachedangel the difference is how much more secretly the private firms can destroy the businesses they buy. personally my stance is that both are bad, its just private equity is worse. the original commenter may not share that view, or maybe they do, but i complain about public companies from the view of all the many problems which apply to private and public ones alike, and when talking about private equity i stick to how they have so many more tools to hide reality than public ones
@@sunbleachedangel yes all companies do this to an extent but private equity companies put huge amounts of pressure on companies to return very high short term gain which force the company they bought to radically alter their business philosophy that made them successful in the first place.
I'm sure they'll have their profits increased by cutting costs everywhere, increasing their prices, laying off tons of people and when that doesn't work finally having them loaded up with tons of debt and eventually liquidated in a few years like every PE firm does.
What's the regulation that's needed and screwing people over that's going on here? Are you just... generally opposed to private ownership of companies, or something?
@@LoganChristianson Are you not aware of the trend of private equity firms buying up companies and either driving them to the ground or selling them off piecemeal? That's the same thing that's happening with rental properties in the US, too.
@LoganChristianson Transparency, public companies are required to disclose significant events, significant shareholders, and make audited financial statements publicly avaliable. Private equity has none of this, just shadows sucking up the economy.
@@lordjerle8481 Yea, private companies can buy other companies, if the owners want to sell, and then proceed to do whatever they want with them. That's how private ownership works. You can start your own business if you like and treat it the same way. What about that ought to be illegal? What's going on that needs legislation?
I have zero faith in private equity firms because it's usually the goal for pef's to get as much out of the purchase of the company as they can before either selling it back off for dismantling it for profit. It's usually a 4 or 5 year turnover.
"Private Equity" is a catch-all term for literally any buyer that isn't a publicly traded company. People conflate the term "leveraged buyout" with PE, but leveraged buyouts have fallen out of favor since the 2007 recession and higher interest rates. The risks to Squarespace's business is the exact same as if they were bought by a publicly traded company, so the distinction doesn't really matter or make sense.
Disappointed I had to scroll down this far to see a well-informed take. The PR clearly states it was an all-cash transaction. No LBO means no crazy debt load that needs to be serviced, which means no crazy cost-cutting is strictly necessary. All-in-all, looks like it'll be a standard right-sizing operation Though I'd be willing to bet that cutting TH-cam sponsorships is one of the first things they'll consider :P
i disagree, the difference between a public and private company buying it out is the amount of information everyone outside the company receives. there also absolutely are many leveraged buyouts, and as bloomberg reported at the start of october 2024 year to date leveraged buyouts are up 22% year over year. there absolutely was a massive hit to the leveraged buyout and private equity as a whole after the housing crisis, but in the 15 years since they have slowly crept back in. sure public companies can make poor decisions and run their acquisitions into the ground, but anyone who would be affected has the capability to look into it and discover those issues. doesnt mean everyone will, but some will, and then communicate to others about real problems. the private part of private equity is very important here cause they can hide many important financial documents. maybe this private equity firm will do better than the average one, but on average private equity destroys businesses for every last penny. to be clear i have a massive issue with monopolies in a profit-driven economy, whether private or public, as monopolies are able to exploit the workers and customers, while both are trapped with no alternative. my stance starts negative on public company mergers and acquisitions, but going and adding that extra layer of secrecy to something which is already incentivized to drain all the wealth possible is just encouraging them to engage in exploitative practices, as the likelyhood they get found out is reduced, and even if they do the reputational harm is reduced through not being on the public stock exchange, meaning its unlikely average newspapers would cover something of the sort, unless it was ftx levels of embezzlement and fraud
I much prefer a company be privately held because their main motive to make profits stems from having to adopt and please their actual customers and not just shareholders. As long as they are not corporate raiders.
@@jaiveersingh5538If it’s all-cash, they’ll still put debt onto the newly-acquired company to earn back its purchase price, or, even worse, use it as leverage to buy other companies and put the debt onto Squarespace instead.
On the aviation community there’s a pretty well known TH-camr named Trent Palmer and almost every single one of his videos is sponsored by squarespace, hopefully that doesn’t change. Also Danica Patric was not good, her best finish in NASCAR was 4th.
She never even "sucked", she was just mediocre. But running mid pack in NASCAR means "suck", depending on the driver of course. Just a bunch of dudes that got butt hurt that an attractive chick took advantage of her attractiveness for marketing(which is kinda a pretty important aspect of a professional driver's career; teams aren't fighting over each other to sign "good drivers", they need drivers that make money because motorsports just doesn't generate money).
Squarespace, build it beautiful! Squarespace, you should! I remember those slogans from 10 years ago when I started watching you. Damn, time flies fast.
@@turtlefrog369 ok bold claim, can you point me to a single domain where the registrar is private? or point me to a registrar that claims to provide this service?
Never mind good at racing, Danica is into some WAAAAAAY far out conspiracy stuff these days right here on TH-cam, I'm sort of surprised she's still on Sky Sports F1 broadcasts but hey, I guess someone must like her.
You know what somehow feels even worse? My Hoster recently updated their admin UI and now I have no idea how to admin my own domain anymore, because the new UI is 1000x more complicated.
Well if Kodak Alaris being bought by PE is anything to go by, PE is hungry for new markets and boy will we be screwed as consumers. Good luck Squarespace employees and users.
I'm sure after they've fired everyone else that Brian who's job will be to maintain the servers, write all the code and do all the customer service will do a great job.
All these in-video sponsorships have the opposite effect on me. Yes I remember the brands, SquareSpace, Vessi Shoes, Private Internet Access, Ridge, the list goes on. But I'd never buy their products on principle, because I associate these names as companies that disrupt my peace. I just want to watch a video without having their ads shoved in my face half way through. So while the ads "work" in the sense that I remember the brands, they're not transforming into sales.
Do I have a website? Yes. Do I buy shoes? Obviously. Do I have a VPN? Absolutely. Do I buy wallets occasionally? Sure. So I'm definitely in their target demographic. But I've deliberately chosen other brands that don't assault me with their ads and sponsorships every time I want to watch a tech video.
I'll be honest, I almost showed up at your warehouse when I found out Marty was visiting you guys. He and Moog have legitimately saved me on multiple occasions with their goofy, fun, uplifting content.
Private Equity won't kill Squarespace - they generally avoid risk (looking to 2-3x a very large investment), the opposite of what Venture Capital does (fund a lot of failures hoping to find one 100x return among them). What private equity DOES do is squeeze the soul out of a company as they cost cut, streamline, and bolt on other acquisitions before handing off the well-performing soulless husk to another PE firm, or relaunching it on the public market.
Danica Patrick is mid at best. Abby from The Grand Tour though is extremely talented. Unfortunately Sabine Schmidt is no longer available she was quite on the ball.
It is a way for the company to get money. In exchange, owners of stock get a percentage of profits and a part of the decision making power (although in a lot of cases the latter is nonexistent due to how little power per share there is).
@@bengineer8the much bigger part that happens is that, in theory, stock value goes up as the company does and stock prices rise so people can sell the stock and make more, it is pretty similar to gambling
@@corvacopiaWell, there's actually a fairly important distinction. In gambling, it's strictly a -ev (negative expected value) play. The house only lets you play because they have a statistical edge. When it comes to investing, you are, generally speaking, betting that the economy of the future is bigger/better than the economy of today. You are betting on the collective ingenuity and energy and hard work of the human species when you buy a broad international market fund. If you buy a specific company's stock, then you're betting on those same characteristics but for a smaller subset of people. I don't think anybody reasonable can argue that our society is less technologically advanced today than it was a decade ago. As long as you believe in math, it's never worth gambling. As long as you believe in progress, it's worth investing in stocks in general
@@corvacopiawhat it actually does is drain wealth from a community and invest it outside of that community. And now several generations down from an investment economy, people no longer care what it is that is being invested in, just as long as the number goes up. Unfortunately this means that companies will do bad things to make number go up that ends up screwing over everyone. In my opinion, almost everything wrong with society and our country can be traced back to an investment economy and stock trading.
Danika Patrick is easily the best female driver in the history of Nascar. It's just too bad that list includes exactly Danika Patrick and no one else. To be fair though, she had a better record than some long running male Nascar drivers at the time.
These equity firms should have very furious and careful looking at how they make their money and how they even were started, how can these firms start and buy up every company in their sights so quickly, it needs to have major international cooperation.
Just a reminder that in the long run creating and hosting everything yourself will be better off, even if it takes years if you plan on the buisness lasting avoid hosting services and cloud at all cost
Private Equity: buy other companies, siphon all the money out of it like a fucking vampire, and once the brand and company are ruined, move on to the next
No tenc2nt invest in public companies. Private company could be any business not on the public stock market. That's it it is no diffrent to a public sale in means on what can happen.
Private equity has to be bad for the consumer right, so the FTC should look into what's the most sustainable (money wise not environment) and best for the consumer in this regard
A casual reminder of how Private Equity works: You, a rich person with too much money, borrows a bunch of other rich people's money and start a fund to buy some companies and make money off of them. You get paid to manage the companies out of the fund based on how much the fund made over a certain base amount (the "hurdle"). Because the percentage on supra-hurdle earnings is so high, you have an incentive to squeeze companies like lemons rather than just sitting on the predictable earnings they generate. Except, when you squeeze companies like lemons, people tend to leave - both customers and workers. So eventually the businesses you buy go bankrupt because you are effectively sucking their soul out and eating it. But it's profitable to do this. So you keep doing it. Which creates this extremely weird dynamic in which companies are founded, get paid by one kind of private equity (VC firms & angel investors) to get their footing, grow, and sell to the public market, and then once they IPO, the public investors get bored of them and sell to another private equity firm (the management funds I mentioned above) to slowly crush the company into bits. And somehow this is all profitable at every stage and nobody is losing money.
All of the former Google Domain names are now at the hands of a private company. That's huge.
I forgot about that.
It fucking blows.
Thank fucking god I switched to cloudflare
That is too huge to ignore
Mine is! :'-)
Yeaaaaaaa it’s Private Equity so they’re literally going to bankrupt the company and siphon off all the profits and proceeds to the PE firm. I’d seriously suggest divesting all your stuff from squarespace to something else before the inevitable crunch.
You know how many huge brands/companies are owned by private equity firms? Ones that have been owned by them for many many years and ones that you probably still use to this day. Not every instance of private equity buyouts ends in a toys r us scenario.
@@The-Caged-Kingheyyyy
nice comment, really well chosen words, i like it, buuuut it'd be nice to have some examples? some sources? the only example you've shown is a bad one and I don't think that helps with your case.
@@The-Caged-King I mean, when the thing being bought is a small business bordering on a scam whose main marketing strategy is the same as Raid Shadow Legends or Raycons, it usually does end like that.
@@JamesR624 are you trying to say square space is a scam? If so then you’re not even worth having a conversation with when it comes to this
@@lady.foxpoint do a google search. Do the proof checking yourself. You shouldn’t believe any sources I would give you to begin with, look for yourself if you actually care to know
Squarespace is dead. Private Equity necessarily enshittifies everything
PE is the cancer that's killing everything
This will 100% affect square space. Private equity has a history of forcing higher profits through increase of pricing and decrease in costs... They almost all look for short term gains as opposed to long term vision.
nail on the head
unlike publicly traded companies? This makes no sense
@@sunbleachedangel public do the same. But it can be harder to swing the entire board to go equaly all inn, as opposed to a single buyer saying "i dont give a shit just do it".
@@sunbleachedangel the difference is how much more secretly the private firms can destroy the businesses they buy. personally my stance is that both are bad, its just private equity is worse. the original commenter may not share that view, or maybe they do, but i complain about public companies from the view of all the many problems which apply to private and public ones alike, and when talking about private equity i stick to how they have so many more tools to hide reality than public ones
@@sunbleachedangel yes all companies do this to an extent but private equity companies put huge amounts of pressure on companies to return very high short term gain which force the company they bought to radically alter their business philosophy that made them successful in the first place.
I'm sure they'll have their profits increased by cutting costs everywhere, increasing their prices, laying off tons of people and when that doesn't work finally having them loaded up with tons of debt and eventually liquidated in a few years like every PE firm does.
I wouldnt be surprised if they funnel a heap of existing debt into SS and then file it for chapter 11 or whatever it is.
The real security risk was the Luke we made along the way
Let the enshittification begin.
I was not expecting the Danika Patrick roast, but I'm here for it!
That roast was pretty abrupt, like all of her crashes.
@@TheLifeOfJavi Kinda inevitable too. just like her crashes.
I COULD NOT STAND HER COMMENTARY ON F1TV!
Just like her new allegiance to MAGA. That was also as abrupt as her crashes.
The only reason I know who she is as a Brit is because of her poor commentary on Skysport F1 during the American races.
As an F1 fan and sky sports watcher, Danica Patrick catching a stray was very appreciated
Jenson, just standing there: 😶
As someone who grew up on the edge of NASCAR country I appreciated that as well
Shoutout danica
Danica had better luck in a swimsuit than a firesuit.
I just want to say that I haven't seen Bryan the Electrician for a long time and I think it's time that we do..
smart private equity firm? there is no such thing hah
On next week’s LAN show, Luke tells us which bank LTT uses.
So tired of equity firms going unregulated and screwing people over.
What's the regulation that's needed and screwing people over that's going on here? Are you just... generally opposed to private ownership of companies, or something?
@@LoganChristianson Are you not aware of the trend of private equity firms buying up companies and either driving them to the ground or selling them off piecemeal? That's the same thing that's happening with rental properties in the US, too.
@LoganChristianson Transparency, public companies are required to disclose significant events, significant shareholders, and make audited financial statements publicly avaliable. Private equity has none of this, just shadows sucking up the economy.
@@lordjerle8481 Yea, private companies can buy other companies, if the owners want to sell, and then proceed to do whatever they want with them. That's how private ownership works. You can start your own business if you like and treat it the same way.
What about that ought to be illegal? What's going on that needs legislation?
@@LoganChristiansonyou're clueless. Clearly.
There is no loyalty in business. Especially when Private Equity comes in
So that's what they meant by "short linus". It was a WSB rug the whole time!
I have zero faith in private equity firms because it's usually the goal for pef's to get as much out of the purchase of the company as they can before either selling it back off for dismantling it for profit. It's usually a 4 or 5 year turnover.
Private equity almost always leads to enshitification. Here's to hoping this time is an exception!
Well it won’t be the first time, remember Tunnelbear?
Also private equity firm, so… at least it’s not a leveraged buyout?
TunnelBear was bought by McAfee, not private equity.
it is a leveraged buyout lol, they wouldnt buy it without debt it wouldnt make any sense otherwise
"Private Equity" is a catch-all term for literally any buyer that isn't a publicly traded company. People conflate the term "leveraged buyout" with PE, but leveraged buyouts have fallen out of favor since the 2007 recession and higher interest rates. The risks to Squarespace's business is the exact same as if they were bought by a publicly traded company, so the distinction doesn't really matter or make sense.
Disappointed I had to scroll down this far to see a well-informed take. The PR clearly states it was an all-cash transaction. No LBO means no crazy debt load that needs to be serviced, which means no crazy cost-cutting is strictly necessary. All-in-all, looks like it'll be a standard right-sizing operation
Though I'd be willing to bet that cutting TH-cam sponsorships is one of the first things they'll consider :P
i disagree, the difference between a public and private company buying it out is the amount of information everyone outside the company receives. there also absolutely are many leveraged buyouts, and as bloomberg reported at the start of october 2024 year to date leveraged buyouts are up 22% year over year. there absolutely was a massive hit to the leveraged buyout and private equity as a whole after the housing crisis, but in the 15 years since they have slowly crept back in. sure public companies can make poor decisions and run their acquisitions into the ground, but anyone who would be affected has the capability to look into it and discover those issues. doesnt mean everyone will, but some will, and then communicate to others about real problems. the private part of private equity is very important here cause they can hide many important financial documents. maybe this private equity firm will do better than the average one, but on average private equity destroys businesses for every last penny. to be clear i have a massive issue with monopolies in a profit-driven economy, whether private or public, as monopolies are able to exploit the workers and customers, while both are trapped with no alternative. my stance starts negative on public company mergers and acquisitions, but going and adding that extra layer of secrecy to something which is already incentivized to drain all the wealth possible is just encouraging them to engage in exploitative practices, as the likelyhood they get found out is reduced, and even if they do the reputational harm is reduced through not being on the public stock exchange, meaning its unlikely average newspapers would cover something of the sort, unless it was ftx levels of embezzlement and fraud
I much prefer a company be privately held because their main motive to make profits stems from having to adopt and please their actual customers and not just shareholders. As long as they are not corporate raiders.
You assume leveraged buyouts aren't happening still
@@jaiveersingh5538If it’s all-cash, they’ll still put debt onto the newly-acquired company to earn back its purchase price, or, even worse, use it as leverage to buy other companies and put the debt onto Squarespace instead.
You have earned my respect for the Danica Patrick strays
On the aviation community there’s a pretty well known TH-camr named Trent Palmer and almost every single one of his videos is sponsored by squarespace, hopefully that doesn’t change.
Also Danica Patric was not good, her best finish in NASCAR was 4th.
In all fairness, Danica Patrick was good at IndyCar racing, but sucked at NASCAR, where talent has long since stopped being a part of the equation
She easily could've had a great career in IndyCar, but she followed the money and never learned how to be a stock car driver.
and now the worst F1 commentator
She never even "sucked", she was just mediocre. But running mid pack in NASCAR means "suck", depending on the driver of course. Just a bunch of dudes that got butt hurt that an attractive chick took advantage of her attractiveness for marketing(which is kinda a pretty important aspect of a professional driver's career; teams aren't fighting over each other to sign "good drivers", they need drivers that make money because motorsports just doesn't generate money).
Lol you obviously don't know anything about Nascar. There's a reason so many F1 drivers can't cut it in a stock car.
@@AdnanKhan-hk7rl Nah, that title is reserved for Nico Rosberg. Can't stand him.
the craziest thing about this video is the Australian house all decked out for Halloween... 5:06
Squarespace, build it beautiful!
Squarespace, you should!
I remember those slogans from 10 years ago when I started watching you. Damn, time flies fast.
Came for the news, stayed for the Danica Patrick roast
Oh man.... They're the primary sponsor for Austin McConnell..... Helping him out a lot as he recovers from his open heart surgery 😢
General rule of thumb, dont get the domain you want were you gonna host your website at.
Did Linus not know whois records are public?
He did, but I think his past few security incidents have left him on the skittish side.
Fuck. Squarespace has my domain now so we'll see how this goes
Lesson 1: Private Equity doesn't respond to manners unless it makes them more money
when a private equity firm buys a company, it's time to disassociate yourself from that company
Regarding privacy, I refuse to accept that no one in LMG has thought of whois.
Yeah im sitting here going, be design the registrar must be public information. What do they think the risk is?
@@jodosh it can and is often obfuscated.
@turtlefrog369 no you as the one who registered the domain can be obfuscated, but the registrar that you used to register the domain must but public.
@@jodosh nope. try again buddy. everything can be obfuscated in several ways. a whois can literally be private.
@@turtlefrog369 ok bold claim, can you point me to a single domain where the registrar is private? or point me to a registrar that claims to provide this service?
rip, its going to be run into the ground now
The beginning of the end for squarespace i guess.
How to figure out the registrar? Any whois service....what is this, BBS? This is the internet....
BBS was also the internet
Always a good time listening to a bunch of dudes laugh at things
SquareSpace Build it Beautiful
Well there is another company I liked on the road to enshitification.
Never mind good at racing, Danica is into some WAAAAAAY far out conspiracy stuff these days right here on TH-cam, I'm sort of surprised she's still on Sky Sports F1 broadcasts but hey, I guess someone must like her.
You know what somehow feels even worse? My Hoster recently updated their admin UI and now I have no idea how to admin my own domain anymore, because the new UI is 1000x more complicated.
I thought the SquareSpace sponders stopped. Haven't seen them in while and you've been sponsoring Oodo.
Well if Kodak Alaris being bought by PE is anything to go by, PE is hungry for new markets and boy will we be screwed as consumers.
Good luck Squarespace employees and users.
I give it 1 year to things to start crumbling
I'm sure after they've fired everyone else that Brian who's job will be to maintain the servers, write all the code and do all the customer service will do a great job.
Clearly it started to be dangerous competition for Amazon/Google..
Danica Patrick was good in Indycar, but never was nearly as good in NASCAR
She never won
@ she won the 2008 Indy Japan 300
@ NASCAR I don’t think she ever won a race
@ correct
I miss the old Squarespace Ad reads Linus and Luke use to do when in the old Langley House.
Looks like wix is gonna make a come back
Aaaaaaannnnnnddddddd you’ve been hacked again 😂😂😂
Private equity firms - For OUR best interest.. not yours...
Hense the Private part... 🤷♂️
The epitome of capitalism really
Every google domain is now with them… yay
All these in-video sponsorships have the opposite effect on me. Yes I remember the brands, SquareSpace, Vessi Shoes, Private Internet Access, Ridge, the list goes on. But I'd never buy their products on principle, because I associate these names as companies that disrupt my peace. I just want to watch a video without having their ads shoved in my face half way through. So while the ads "work" in the sense that I remember the brands, they're not transforming into sales.
Do I have a website? Yes. Do I buy shoes? Obviously. Do I have a VPN? Absolutely. Do I buy wallets occasionally? Sure. So I'm definitely in their target demographic. But I've deliberately chosen other brands that don't assault me with their ads and sponsorships every time I want to watch a tech video.
Wait... So what are they using? I'm actively looking for a new registrar
you whois their domain, they are using cloudflare
linusmediagroup, floatplane uses cloudflare
Tell me you don't understand how domain registrars work without telling me you don't understand how domain registrars work.
I'll be honest, I almost showed up at your warehouse when I found out Marty was visiting you guys.
He and Moog have legitimately saved me on multiple occasions with their goofy, fun, uplifting content.
"$3B is kinda a lot of money." - Luke 2024
Forget about the TH-cam Adpocalypse, it's the Squarespace Adpocalypse which will decimated content creators.
Linus acting like whois isn't a thing
Private Equity won't kill Squarespace - they generally avoid risk (looking to 2-3x a very large investment), the opposite of what Venture Capital does (fund a lot of failures hoping to find one 100x return among them). What private equity DOES do is squeeze the soul out of a company as they cost cut, streamline, and bolt on other acquisitions before handing off the well-performing soulless husk to another PE firm, or relaunching it on the public market.
It doesn't matter as another service will take its place once squarespace gets dismembered
Byebye, Squarespace!
Danica Patrick is mid at best. Abby from The Grand Tour though is extremely talented. Unfortunately Sabine Schmidt is no longer available she was quite on the ball.
Not the Danica Patrick dis
Convenient, I just canceled my Squarespace subscriptions. Not going back.
Everything will change luke. Everything.
Oh no, Primera
So I gotta ask... what exactly is the societal value proposition of publicly trading companies?
It is a way for the company to get money. In exchange, owners of stock get a percentage of profits and a part of the decision making power (although in a lot of cases the latter is nonexistent due to how little power per share there is).
@@bengineer8the much bigger part that happens is that, in theory, stock value goes up as the company does and stock prices rise so people can sell the stock and make more, it is pretty similar to gambling
@@corvacopiaWell, there's actually a fairly important distinction. In gambling, it's strictly a -ev (negative expected value) play. The house only lets you play because they have a statistical edge.
When it comes to investing, you are, generally speaking, betting that the economy of the future is bigger/better than the economy of today. You are betting on the collective ingenuity and energy and hard work of the human species when you buy a broad international market fund. If you buy a specific company's stock, then you're betting on those same characteristics but for a smaller subset of people. I don't think anybody reasonable can argue that our society is less technologically advanced today than it was a decade ago.
As long as you believe in math, it's never worth gambling. As long as you believe in progress, it's worth investing in stocks in general
Limiting investor risk while giving ample opportunity for finance for the company.
@@corvacopiawhat it actually does is drain wealth from a community and invest it outside of that community. And now several generations down from an investment economy, people no longer care what it is that is being invested in, just as long as the number goes up.
Unfortunately this means that companies will do bad things to make number go up that ends up screwing over everyone.
In my opinion, almost everything wrong with society and our country can be traced back to an investment economy and stock trading.
Squarespace is getting dismantled
You can tell they have no confidence in this acquisition
Nope, there’s no hope for Squarespace. RIP
Yeah i been done with square space Im switching over soon and this just confirms it more
Danika Patrick is easily the best female driver in the history of Nascar.
It's just too bad that list includes exactly Danika Patrick and no one else.
To be fair though, she had a better record than some long running male Nascar drivers at the time.
Bring back Tunnel Bear! :P :P :P
Oh no. Another tunnel bear
Because it's wreckable, alright?!
Cattos- you mean cat-tee-oh-ess?
Fan didn't reply to my question on another vid :(
Pretty sure Wendell uses GoDaddy domains.
*tunnelbear flashbacks*
If only Danica Patrick was a good F1 commentator.
No expert but from what i gather private equity ownership is basically is a death sentence.
Just use Webflow instead
These equity firms should have very furious and careful looking at how they make their money and how they even were started, how can these firms start and buy up every company in their sights so quickly, it needs to have major international cooperation.
its a wrap lol
Squarespace is done. Find a new sponsor Linus. P E ruins everything it touches.
people are pessimistic about private equity as if public offerings dont already make companies worse
what’s wrong with godaddy?
Glasses in the thumbnail, nowhere to be found in the whole video. Clickbait.
Just a reminder that in the long run creating and hosting everything yourself will be better off, even if it takes years if you plan on the buisness lasting avoid hosting services and cloud at all cost
lol
even if you would do that, you still need an accredited registrar for your domains.
AWS Route53
Nothing bad has EVER happened from a private equity takeover, right guys?
Are private equity firms just company’s that buy other companies? Like tencent? Cause I fukin hate those companies
Private Equity: buy other companies, siphon all the money out of it like a fucking vampire, and once the brand and company are ruined, move on to the next
@ ohhh yeah, those companies fuckin suck. And they ruin the company and then shut them down
No tenc2nt invest in public companies. Private company could be any business not on the public stock market. That's it it is no diffrent to a public sale in means on what can happen.
Private companies that buy other companies. Tencent isn't a private company as it is listed on the Hong Kong stock exchange.
@ ohhh ok
square space was awful compared to shopify.
Nothing wrong with GoDaddy.
Explain in fortnite terms
So many people here who have no idea what privat equity actually is and what they do'
Yea, like it is no diffrent to a public company buying it,
@@jacobpipers Hahahahahaha.
@@jacobpipers 💀💀💀💀💀💀💀
Private equity has to be bad for the consumer right, so the FTC should look into what's the most sustainable (money wise not environment) and best for the consumer in this regard
not as bad as public trading.
A casual reminder of how Private Equity works:
You, a rich person with too much money, borrows a bunch of other rich people's money and start a fund to buy some companies and make money off of them. You get paid to manage the companies out of the fund based on how much the fund made over a certain base amount (the "hurdle"). Because the percentage on supra-hurdle earnings is so high, you have an incentive to squeeze companies like lemons rather than just sitting on the predictable earnings they generate.
Except, when you squeeze companies like lemons, people tend to leave - both customers and workers. So eventually the businesses you buy go bankrupt because you are effectively sucking their soul out and eating it. But it's profitable to do this. So you keep doing it.
Which creates this extremely weird dynamic in which companies are founded, get paid by one kind of private equity (VC firms & angel investors) to get their footing, grow, and sell to the public market, and then once they IPO, the public investors get bored of them and sell to another private equity firm (the management funds I mentioned above) to slowly crush the company into bits. And somehow this is all profitable at every stage and nobody is losing money.
Please don't screw it up? It's already fk'ed.
ooo