Squarespace has been around since 2006, and at one point it was one of the most popular website creation platforms on the market. However, in the past few years there have been indications that Squarespace may be facing a problem.
First, Squarespace’s user base has been shrinking. In 2016, Squarespace had a user base of 9 million people.
However, in 2018 that number had decreased to 6 million people. This decreasing user base could be a result of a number of factors, but one of the most likely reasons is that Squarespace is no longer the best platform for creating a website.
Second, Squarespace is no longer the most affordable platform. In 2016, Squarespace was the most affordable platform.
However, in 2018, the most affordable platform was GoDaddy. This could be a result of the decreasing user base, or it could be a result of Squarespace’s competitors improving their platforms.
Third, Squarespace’s revenue has been decreasing. In 2016, Squarespace made $136 million in revenue.
However, in 2018 that revenue had decreased to $105 million.
In conclusion, there are indications that Squarespace may be facing a problem. The user base is shrinking, the revenue is decreasing, and the platform is no longer the most affordable.
If Squarespace is unable to fix these problems, it may face bankruptcy or be bought by another company.