As one of the largest website-building platforms in the world, Squarespace has a lot of financial power to throw around when it comes to sponsoring events and causes. But how, exactly, does Squarespace sponsor everything?
The short answer is that Squarespace has a lot of money. As a privately-held company, Squarespace does not have to disclose its financials publicly. However, according to Forbes, Squarespace is estimated to be worth $1.7 billion as of 2018.
With that much money at its disposal, Squarespace can afford to sponsor just about anything it wants. And it does. In recent years, Squarespace has sponsored everything from music festivals (like Coachella and Bonnaroo) to TV shows (like Saturday Night Live) to art galleries (like The Whitney Museum of American Art).
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Squarespace also sponsors a lot of smaller events and causes. For example, the company is a major sponsor of the annual South by Southwest (SXSW) music, film, and tech festival in Austin, Texas. It also sponsors the annual Web Summit tech conference in Lisbon, Portugal.
In addition to sponsoring events, Squarespace also gives back to the community in other ways. For example, the company has a program called “Squarespace Circle” which provides discounts and other perks to non-profit organizations.
So there you have it: that’s how Squarespace sponsors everything. By being a huge company with a lot of money at its disposal, Squarespace can afford to sponsor just about anything it wants.
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Business:
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