Squarespace is going public, Apple shares some music payment details and Twitter bans the founder of the right-wing media organization Project Veritas. This is your Daily Crunch for April 16, 2021.
The big story: Squarespace files to go public
Squarespace has filed to go public via direct listing on the New York Stock Exchange, under the ticker symbol SQSP. The company behind the popular website builder has seen its revenue grow 28% year-over-year, from $484.8 million in 2019 to $621.1 in 2020. And it reported net income of $30.6 million last year.
Also worth noting: The majority of voting power still rests with founder and CEO Anthony Casalena.
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