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Godaddy.com up for sale. Could fetch $1 Billion

94 pointsby atentatenover 14 years ago

13 comments

rwhitmanover 14 years ago
Bob Parsons is a crazy/interesting dude thats for sure... The complete polar opposite of any silicon valley CEO.<p>I don't get nor agree with most of what he does but I find it fascinating.. Has anyone else seen his blog? The irony is even though his video blog series - he and a busty blonde giving advice with cartoonish editing usually featuring motorcycles in some way - looks ridiculous its actually really smart, useful information<p>Doesn't surprise me he'd prefer to exit with an auction instead of IPO
kierankover 14 years ago
Godaddy always struck me as the Ryanair of domain names. A company that you didn't need to love as long as they did what they said on the tin.
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dcurtisover 14 years ago
I wonder what is keeping them from doing an IPO. Selling a company as large and as profitable as GoDaddy at a public auction seems very strange.
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KrisJordanover 14 years ago
Surprising to read between 800-900M 2009 revenue and a price tag of 1B.
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jhghjnmmnover 14 years ago
It does strike me as a very low barrier to entry business. Amazon could sell domains for 1$ more than versign charge them.<p>Google could bypass verisign completely and launch their own top level domain with their own root DNS and give away ".go" domains.
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bl4kover 14 years ago
Here is a company, that since its inception, has done the exact opposite of what is published in business and entrepreneurship papers and has succeeded to great effect.<p>Explain that.
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jonursenbachover 14 years ago
Here's to hoping that the future owners drop those ridiculous TV ads.
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pontifierover 14 years ago
I used to have over a hundred domains with them, but they canceled one of my favorite domains because THEY didn't charge my debit card. The domain was set to auto-renew, and there was money in the account... They lost me for good.
hysterixover 14 years ago
If godaddy can fetch that much, I would sell it as well; I say bravo to that man.
trevorcreechover 14 years ago
Wait, is the whole company for sale, or just the domain name?
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luffyover 14 years ago
Leveraged Buyout (LBO) city, baby!<p>Prediction: a firm like KKR or Carlyle buys GoDaddy and borrows a bunch of money (&#62; $10B ?) on the cheap, and then uses GoDaddy's revenue to service the debt.
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zackattackover 14 years ago
I have all my domains registered with them. Despite the fact that I'm registering a few domains a month and they obnoxiously upsell me every time, I've gotten used to them <i>and</i> they have decent customer support that's always been available for me, as well as rad coupons ($7.49+fee domains). I hope the sale doesn't change things up too much. When my previous web host, aSmallOrange got bought, their service became inconsistent, frustrating and all-in-all <i>horrible</i> so I switched to HostGator and have been thrilled ever since (24/7 live chat is great!).
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mkramlichover 14 years ago
I'd offer $9 for just the domain name.
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