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According to Crunchbase Weebly has 50 million users and I'm guessing they're mostly small businesses which would all be perfect prospects for Square. Not a bad outcome for them as they sold for roughly 10X what they've raised.

Competitors Wix and Squarespace have raised much more money and would probably have been too rich for Square to buy. Wix is now a public company too.

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> According to Crunchbase Weebly has 50 million users

I don't see that number, but Weebly cannot have 50M customers. That's a 1.5 order-of-magnutude error.

"Weebly was started in 2007 and currently powers more than 50 million entrepreneurs around the world"

https://www.crunchbase.com/organization/weebly#section-overv...

Ok. Assuming that number has any merit, it'd be "websites built with Weebly". If we take a page from WiX's book, divide by 10^2 to get paying customers.

The TechCrunch article about the deal says they have 625,000 paid subscribers https://techcrunch.com/2018/04/26/square-acquires-weebly/

From Weebly's about page: "More than 325M unique visitors are now going to over 40M Weebly sites monthly."

Product line acquisitions and cross selling are one of the most successful acquisition strategies.

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