Square to buy Weebly for $365M
Not long ago Weebly was neck and neck competing with Wix & Squarespace and had a superior product in some areas (ex. eCommerce). Unfortunately, the product became stale and lacked vision over the last 3 years. As a result deserting many of their users.This was a "take what you can get" deal for the founders. Hope Square can recharge the product with an innovative vision.