Eighteen years later, the business has made Casalena, 39, a billionaire twice over. He owns 33 percent of Squarespace, and that stake could balloon in value now that the company is public. At the same time, I've always prioritized having a diverse set of experiences in life, which leads to a natural balance between Squarespace and everything else I'm doing. In an interview with Inc., he said that he and his dad have different recollections of that conversation. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. How do you prevent burnout?Ideally, you're constantly tweaking things and optimizing your current situation. There are two houses and one guest house on the combined properties, according to Journal. Squarespace CEO Anthony Casalena bought $42 million worth of property in the Hamptons, according to The Wall Street Journal. The internet has changed tremendously since 2003, when Casalena, who was studying computer science, founded the company from his dorm room at the University of Maryland. [4], Casalena began developing Squarespace for his personal use while attending the University of Maryland. from the University of Maryland in 2005 in Computer Science, which is part of the University of Maryland College of Computer, Mathematical, and Natural Sciences. Anthony Casalena knows what it is like to be the sole engine powering your business. Squarespace as a company is about helping people with creative ideas succeed, and this initiative is just another way we can highlight and help entrepreneurs who are just getting started. Kinjil holds a bachelors degree with Honors from the University of Texas at Austin in Management of Information Systems and Finance. First, I was frustrated that there were many different pieces of software that had to be integrated in order to create a website -- page-building software, blogging software, hostingand website analytics software were all separate. According to The Motley Fool, Squarespace had 3.7 million subscribers by the end of 2020, which was 700,000 more than in the previous year. Prior to Squarespace, she served as Deputy General Counsel of Gizmodo Media Group, LLC where she led the legal department and provided counsel on a number of areas including editorial content, product, advertising, litigation, and corporate transactions. Prior to Olo, Matt was on the founding team of LendingTree and was also the founder of Rely Software. I got a $30,000 loan from my parents when I was first starting Squarespace, which I used for our initial servers and to get some early design work done. Anthony Casalena (born April 24, 1982 in Baltimore, MD) is an entrepreneur, software developer, and designer living in New York City. ", "Best website builder for 2021: Squarespace, Wix and more compared", "Webflow vs. Squarespace: Head to Head Comparison in 2022 | Flowout | Flowout", "14 Squarespace Alternatives & Why You Need One", "The Difference Between Squarespace and a Web Design Agency", "Squarespace Adds Commerce Tools To Its Website Builder", "Don't forget about website runner Squarespace. There are 3 older executives and no younger executives at Squarespace. Access advanced stock screeners, portfolio monitoring tools, proprietary research reports, and more. It's far too easy to fall into routine. I would of course get in trouble for this and I thought that was incredibly unfair, since it wasn't my fault that the theater had faulty projectors. This pattern is available for $6.50 USD buy it now. The second and third properties were reportedly purchased for $19 million in 2019, with a 5,500 square-foot, four-bedroom house and a two-bedroom guest house. Anthony Casalena is the Founder and CEO of Squarespace, a leading all-in-one website building and ecommerce platform that enables millions to build a brand and transact with their customers in an impactful and beautiful online presence. During the company's early years, Anthony acted as the sole engineer, designer, and support representative for the entire Squarespace platform. Gooden began his career at PricewaterhouseCoopers, where he spent five years as a lead auditor. The platform we had originally started with, which was a very blog-centric platform, was not really going to make it into the next era of what the Web was becoming, he told Forbes in February 2020. and founder of the D.I.Y. Considering that most of the company's revenue comes from customer subscriptions, this shift was a major boost for Squarespace. She has been named to Adweeks ranking of the top 20 Tech Savvy CMOs driving innovation and one of Adweeks Young Influentials, along with Forbes inaugural CMO Next list. Related: Shark Tank's Barbara Corcoran Explains Why You Must Make Time in Your Schedule For Fun. Created in 2003 with a loan from his father while Casalena was still in college at the University of Maryland, the Manhattan-based Squarespace has since helped users create and host more than 1.4 million custom sitesadding up to over $17 million in revenue for the start-up last year. [3][12], In 2011, Anthony Casalena was named one of Crain's New York's Top Entrepreneurs of 2011. Casalena collected a total of three waterfront parcels in Montauk using . Market Realist is a registered trademark. 20. Executive coach and Merging Path CEO Brooks E. Scott reveals what employers should do to stop burnout before it starts. "How the Founder of Squarespace Mastered the Tricky Role of CEO", "Interview with Squarespace CEO and Founder, Anthony Casalena", "Here's The Tough Lesson About Hiring This CEO Learned After Starting A Company Out Of A Dorm Room", "HOW SQUARESPACE'S CEO PIVOTED TO SCALE FOR MILLIONS", "I'm Anthony Casalena, Founder of Squarespace, and This Is How I Work", "Squarespace Lets Users Manage Multi-Page Web Sites", "Generation Why Not: Meet the 35 Under 35, Class of 2014", http://www.crainsnewyork.com/40under40/2016/Casalena, article "Anthony Casalena" is from Wikipedia, https://en.everybodywiki.com/index.php?title=Anthony_Casalena&oldid=1853994. 5 Things You Need to Know. It's no secret that tech founders make a lot of money, and Squarespace founder and CEO Anthony Casalena is no exception. Today, along with more than 400 tech CEOs, I signed a @TechNYC letter opposing the executive order on immigration. We have high hopes that they will have a . Everyone assumes that they are rational beings, but we are all irrational in many ways that we're completely oblivious to. Copyright 2023 Entrepreneur Media, Inc. All rights reserved. Related:HiringYour First Employee? Anthony Casalena founded website building startup Squarespace in his University of Maryland dorm room in 2003. in East Haven, 2023 Hearst Media Services Connecticut, LLC, On New Haven's Rosette Street, backyard encampment grows, Police: Branford man arrested in Madison watch store robbery, Reported odor in New Haven home prompts investigation, New Haven celebrates $12M state grant to rebuild Long Wharf Park, How New Haven's Artwalk helped shape Westville over 25 years, Forensic science helps solve 2022 burglary of CT home, police say, Police: Suspect in fatal shooting at CT car dealership arrested, Cops: Man wearing USPS vest assaults two during CT armed robbery. 19. [14], In June 2014, Anthony Casalena was named one of Inc.'s 35 Under 35 Coolest Entrepreneurs. The COVID-19 pandemic has brought Casalena even more money. Eighteen years later, the business has made Casalena, 39, a billionaire twice over . Im constantly archiving items I dont need to act upon. At one point, I wanted to be a video game tester, so I could get access to games before anyone else. I spend a good part of every day catching up on news from a few hundred sources., It tracks everywhere I go and displays it in a time line. Melania Trump Apparently RSVPd F--k Off to Her Husbands Post-Arraignment Speech. CEO and founder Anthony Casalena started what would become Squarespace to solve his own problem back in 2003. I was immediately frustrated by the lack of polish and the integration work required to build even something simple using the technologies available at the time, he wrote in a letter filed with the prospectus. Squarespace, which has more than 1,200 employees at offices across the U.S. as well as Ireland, declined to comment. Ive actually tried to minimize the amount of money Ive had to raise for the business. My only fixed morning routine is that I try and clear out as much email as possible in the morning when interruptions are much rarer. [48], "Squarespace 2022 Annual Report (Form 10-K)", "What to Know as Squarespace Goes Public", "Usage statistics and market share of Squarespace", "How Squarespace's CEO Pivoted to Scale for Millions", "How Squarespace Went From a Dorm-Room Project to a $10 Million Web Publishing Platform", "UMD Alumnus Company Squarespace to Run Inaugural Big Game Ad", "How Squarespace became a multimillion dollar publishing giant", "Squarespace Lets Users Manage Multi-Page Web Sites", "Squarespace Raises $38.5 Million From Accel, Index Ventures", "Squarespace 6: Rebuilt From The Ground Up To Take On WordPress, Tumblr And Everyone Else", "The Founder of Squarespace Explains Why You Don't Want to Raise As Much Money as Possible", "Squarespace Ramps up its Tools to Compete with Wordpress", "This Super Bowl Ad Purposely Wants to Put You to Sleep", "Key and Peele turn Squarespace's Super Bowl ad into an event", "Squarespace's Super Bowl Ad With John Malkovich Wins the Emmy for Best Commercial", "Squarespace's Super Bowl Ad Is Just Keanu Standing on a Motorcycle", "Knicks Team Up With Squarespace for Patch Sponsorship Deal", "Website host Squarespace to remove a 'group of sites' after violence at Charlottesville white nationalist rally", "Squarespace won't host your racist websites, either", "Squarespace Raises Funding at $1.7 Billion Valuation", "The New York Knicks and Squarespace Announce Second Annual "Make It Awards" The Madison Square Garden Company", "Squarespace makes its first acquisition with Acuity Scheduling", "Squarespace acquires social media authoring startup Unfold", "Squarespace Buys Tech Startup Tock for $400 Million Plus", "Squarespace confidentially files for stock market listing", "Website-building company Squarespace confidentially files to go public", "Website maker Squarespace files to go public on NYSE through direct listing", "Squarespace raises $300M at a staggering $10B valuation", "Squarespace vs. WordPress.com: Which Is Best for Easy Website Creation? In the early years, I often resorted to using engineering to solve problems versus making other decisions that might have made Squarespace into something that resembled a company a bit faster. 12. [6][10][11][12] At that time, Casalena was the company's sole developer and employee, and worked out of his dorm room. He got a $30,000 loan from his parents and used it to start building the company. Age. CASALENARose Marie (nee Falo), on Oct. 17, 2006 of Newtown Square. In an effort to stay competitive, in March, Squarespace acquired Tock, an online booking platform for restaurants, for $400 million in cash and stock. Anthony Casalena (born April 24, 1982 in Baltimore, MD) is an entrepreneur, software developer, and designer living in New York City. It provides software as a service for website building and hosting, and allows users to use pre-built website templates and drag-and-drop elements to create and modify webpages.. There are currently over a million paid customers on the platform, and more than 5 million websites have been created with Squarespace. Theres no way to take on the legacy of mass incarceration other than to undo it, one step at a time. What's the best advice you ever took? Update: @Squarespace will not enforce terms of service on hate sites that "others find offensive." Later, in 2017, it was valued at 1.7 billion, according to TechCrunch. Fast-forward to 2018 and it would appear that Casalena is more than able to pay that loan back. 6. Casalena is still the CEO of Squarespace, which now employs more than 500 people across New York, Portland, and Dublin, Ireland. [41] In 2014, more commerce features were added; a mobile version of the service was released; a separate facility was added for developers writing custom templates and features;[42] and a logo-creation app was introduced in partnership with icon designer Noun Project. Conversely, I neglected to hire for certain roles that I really needed due to a complete blind spot in how I was thinking about our business. He bought two houses and one guest house, all with waterfront views. Anthony Casalena started Squarespace from his dorm room at the University of Maryland in 2003 and didn't raise any outside capital until 2010. He only really tweets about things that have to do with Squarespace, and despite having over 3,000 Instagram followers, he has no posts. It's important I keep to inbox zero as much as possible, so I don't create bottleneck situations for the team at Squarespace. I hate calling, and I really hate voicemail. Learn More about insider trades at Squarespace. seamless. Feb 15, 2018. There are no concrete numbers available on how much Casalena makes. Squarespace sells monthly or annual plans that range from a simple domain name and website to . [15], In March 2016, Anthony Casalena was included in Crain's New York's Business Class of 40 Under 40. HiringYour First Employee? I disagree with many VCs who encourage people to raise as much money for their business as they possibly can during each funding round. The way we operate and how I engage with an 800-person team is very different from how I did things at 200 or 50. In 2020, it pulled in $620 million in revenues, up 28% from the previous year, and had nearly $31 million in net income, down 47% from 2019, in part due to an increase in expenses. Join thousands of other investors who make better investing decisions with our premium tools. He joined Adobe through its acquisition of Macromedia in 2005, where he ran Product Development for Dreamweaver and Flash Professional. In addition to running the company and setting overall product strategy, he remains actively . I think someone I follow tweeted about it.. [22] Its 2017 ad won an Emmy Award for Outstanding Commercial. Squarespace. Beloved wife of the late Anthony. Its also really useful for remembering restaurants. There was a moment in my dorm room when I was still developing Squarespace where a friend offered me some small amount of money for the platform, thinking it would be useful for his website. Before joining Squarespace, John served in senior leadership roles at a number of organizations including database security vendor Application Security, business and service assurance vendor Micromuse, and videoconferencing vendor VisualScape. moment for creating Squarespace. [14] Its developers also create custom templates that are sold to users. Squarespace, Inc. is an American website building and hosting company which is based in New York City. [3][10] Casalena launched Squarespace in January 2004. in Computer Science from the University of Maryland. 13. It also feels repetitive and I'd rather be able to freely commit my time to whatever I need to do. My life priorities have changed a bit since I was seven. in Computer Engineering from Lehigh University. [7][12] That year, Squarespace received $38.5 million in its first round of venture capital funding led by Index Ventures and Accel Partners,[13] enabling it to hire more staff, continue to develop its software,[14] and double its marketing budget. I think the ability to be nimble in that way has been encouraging, and it helps get us through periods where things are bumpy. I try and avoid fixed routines in any aspect of my life, and mornings are no exception. These things have helped him get to where he is now one of the richest people on Earth. 12 1954 89. May 19, 2021. Nina Zipkin is a staff writer at Entrepreneur.com. He holds a Bachelor of Science degree in Accounting from Oral Roberts University. In addition to running the Company and setting overall product strategy, Mr. Casalena remains actively involved in many departments of the Company that he had previously run himself. Squarespaces prospectus, which it filed on April 16 with the Securities and Exchange Commission, showed that Casalena, 38, owns about 33% of the company. The Staff of Entrepreneur Media, Inc. The three properties in Montauk, New York combined are over six acres . Insiders at Squarespace own 45.5% of the company. So along with The Madison Square Garden Company, wethought it was great to be able to build on that notion and give away a symbolic $30,000 to a few local entrepreneurs who were doing great things. It's important to stop and celebrate wins along the way before moving on to the next challenge. When you run a company, you have to take the mindset that you will be held accountable for anything that goes wrong -- it's your responsibility to get the whole thing right, and excuses just don't matter. What inspires you and why?I'm always inspired by our customers. 7. Fastlane. Im actually not sure who its by., She lost track of her motherwho is visiting from Germanyin SoHo. Casalena's total property purchases are just $8 million shy of Montauk's biggest residential purchase, Andy Warhol's former estate worth $50 million, making Casalena's the second-largest Montauk residential purchase, the Journal reports. See the complete profile on LinkedIn and discover Anthony . Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. If you wait too long to make these small changes, you'll wind up trapped in a situation where the amount of change needed to fix things might be too overwhelming. As the Chief Creative Officer of Squarespace, David Lee leads the companys award-winning creative team, whose work encapsulates all brand creative, web design, and product design efforts for the company. 1. 9. . It serves small and medium-sized businesses, and independent creators, such as restaurants, photographers, wedding planners, artists, musicians, and bloggers. The three properties in Montauk, New York combined are over six acres and include two houses and one guest house, the Journal reports. I still have my old collection stored away somewhere. Squarespace was started in Mr. Casalena's dorm room at the University of Maryland in 2003 when he noticed a . [14] On-screen instructions walk users through things like search engine optimization and setting up e-commerce. What's the worst piece of advice you ever got? 2023 Cond Nast. I initially created Squarespace for myself for two reasons. Rosilene Xavier is the gorgeous wife of the Brazilian star and Manchester United player Antony. Its important to keep everyone aligned around outcomes and timeframes. The MSNBC vet pinpoints where Logans assistant-slash-girlfriend went all wrong: Youve got to nail tone.. [13], In January 2013, Anthony Casalena was named one of America's Most Promising CEOs Under 35 by Forbes. Will Substack Notes Save Our Posting Souls? [15] In April 2014, it received another $40 million in funding. Back then, you had to load huge reels of film onto platters that would then go through a projector to play the movie. Casalena ran Squarespace on his own for a few years; he hired his first employee in 2006. 18. Right now, his online profile gives no insights into whether he's dating anyone or what his family life is like. Stock prices of competitors to Squarespacesuch as e-commerce platform Shopify and website-hosting company GoDaddyhave skyrocketed in the past year. Mr. Casalena is currently 40 years old. There is at least one winner ahead of the listing: its founder and CEO, Anthony Casalena. They're worth a lot of money now! All rights reserved. Squarespace founder Anthony Casalena's story is so familiar it's archetypical: young developer nurtures an innovation from his dorm room, starts a company and moves to New York City, raises . His Parents Loaned Him $30,000 to Start a Company. Matt spent nearly nine years at Olo, taking the company from 10 people and one product to a public company with over 700 people, six core products, and nearly $200mm in revenue. Seeing the gap in the market, he decided to make a platform that would bring all of these disparate elements into one place. [27], Squarespace acquired appointment scheduling company Acuity Scheduling in April 2019, followed by the acquisition of Unfold, an app allowing users to editorialize their social media content, in October 2019. As the Head of Acuity and Squarespace Payments, Dan is responsible for fostering the success of both our Acuity Scheduling offering as well as the Squarespace Payments business. [3] According to W3Techs, Squarespace is used by 1.9% of the top 10 million websites. Secondly, I was bothered by the fact that there seemed to be no products on the market that were paying attention to design. In Jan. 2017, he tweeted that he had signed a letter opposing the immigration ban. She started her career at Bloomberg L.P., leading several global support teams and acting as the COO of the Analytics department. Most surprising app on my home screen: Amazon. The website building firm that Casalena started in his dorm room at the University of Maryland has come a long way since . A Brazil native, he has 25+ years of experience in the tech world, working in a number of marketing and strategy positions in multinational companies such as FCBi, BellSouth, and Realmedia 24/7. 17. Squarespace founder and CEO of Anthony Casalena owns millions in assets and a business worth billions. He received his B.S. Do your investors want to be in for a year? Covers leadership, media, technology and culture. Anthony holds a Bachelor of Science in Computer Science from the University of Maryland. Squarespace. Chart Data in Insider Trading History Table. Rosaline is one of the hottest WAGs we've ever seen. . What does work-life balance mean to you?I've never really approached work as something I need to finish or complete to get back to life. The New York-based companys software has become increasingly popular during the pandemic as consumers turned to e-commerce. By clicking Sign Up, you also agree to marketing emails from both Insider and Morning Brew; and you accept Insiders. Casalena hasnt forgotten how that loan made all the difference, and so this year Squarespace and the New York Knicks teamed up to create the Make It Awards, a program that provided four entrepreneurs with a $30,000 grant and use of Squarespaces marketing muscle. The rounds we have raised have been used in very specific and strategic ways in our history, versus rounds that weve had to raise to keep it going or to try and prove our model. In 2003, Anthony Casalena's parents gave him a $30,000 loan to help get his business idea up and running. Title. Like I mentioned, I don't have many set patterns or routines. Squarespace's Anthony Casalena. Prior to joining Squarespace, Paul spent 15 years at Adobe as VP of Design and Web, responsible for a wide span of Adobes Creative Cloud products including Illustrator, Indesign, XD and Spark. Join Facebook to connect with Anthony Casale and others you may know. in Policy Analysis and Management from Cornell University. [7] Its services are in direct competition with WordPress.com,[36] Wix.com,[37] Webflow.com,[38] Weebly, Pixpa, Strikingly[39] and other digital website building agencies. Britney shares her moisturizing routine and a story about a personal trainer who made her cry, but its a lot more than just an Instagram post. I was obsessed with the game, so I would open the card packs and sell pre-built decks in the store. He graduated from RISD with a BFA in graphic design. It just raised $40M", "Squarespace Makes Designing A Logo Dead Simple", "Squarespace's Radical Update Is Like a Blank Canvas. Take a tour of Casalena's new six-bedroom house below: Interior design and custom furniture design by Robert McKinley for a previous owner, photography by Nicole Franzen. In addition to running the company and setting overall product strategy, he remains actively involved in many departments of the company that he had previously run himself. A decade? John Colton, SVP of Engineering, oversees Squarespaces vast engineering organization which drives the core programming for the company. Quote Tweet. Anthony Casalena has not been actively trading shares of Squarespace during the past quarter. 1,791 likes. Kinjil spent the previous decade building technology competencies for retail giants, most notably as Vice President of Digital Marketing for Saks Fifth Avenue. The singer performed her scheduled first night in Tampa Thursday. [5] From 2009 to 2012, it grew an average of 266% in yearly revenue. Matt came to Squarespace with nearly two decades of experience building teams and operating companies of all sizes and has a strong background in hospitality tech and the startup world. Squarespace was born of that frustration.. Building a stylish, professional Web site no longer requires an intimate knowledge of HTML thanks to Squarespace, the brainchild of 31-year-old tech star Anthony Casalena. Roberta leads the newly formed Channels & Services department that focuses on developing and scaling new Squarespace customer segments and service offerings. What has helped Squarespace stand out from its competitors is Casalenas dedication to designing high-grade end products, which earlier this year began offering e-commerce solutions. What's a productivity tip you swear by?I try and keep inbox zero. It's probably a good thing that that never happened. The company he started with the $30,000 is Squarespace, the website-building resource that now has over 800 employees and its logo emblazoned on the jerseys of the New York Knicks. This article "Anthony Casalena" is from Wikipedia. Its an app we made that quickly lets you record your thoughts as you have them and pass those through to other placesfor instance, mine pushes to my inbox. Anthony Casalena founded web-hosting company Squarespace Inc. from his dorm room at the University of Maryland. Four years later, the business received funding from its first institutional investors, venture capital firms Accel and Index Ventures. Squarespace founder and CEO Anthony Casalena joins "Squawk Box" to discuss the company's public debut and what differentiates it in the internet landscape. Spending only a handful of hours on Facebook over the past decade has definitely had a positive effect on my well-being. [10] E-commerce features, such as an integration with Stripe for accepting credit card payments, were added in 2013. In the evenings I might have a social engagement, late work, exercise or head home early and put on some HBO. He owns 33 percent of Squarespace, and that stake could balloon in value now that . View the profiles of people named Anthony Casale. He started website platform Squarespace from his dorm room at the University of Maryland in 2003 after being frustrated with the existing options that were available to him. After losing their jobs, many people turned to e-commerce during the pandemic. If theres something in my inbox that I dont need to address for a while, Ill archive it and make a note on a long term to-do list in Evernote., Text. [43], In 2011, Squarespace was upgraded to version 6, with new templates, a grid-based user interface, and other enhancements.
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