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This was my visceral reaction as well, but does it really make the change worse?

There are tons of business that are private that are doing great. I host with OVH they are private, lots of the businesses I have worked for have been private.

Candidly without the pressure of "this quarter" it might be a good thing for Squarespace.

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private is not the same as private equity which typically means an external manager is extracting as much from the business as they can. Its often at the expense of longer term growth too.

If we are talking about the same french hosting company, they have been public since late 2021

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