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Old 09-10-2010, 02:38 PM THREAD STARTER               #1 (permalink)
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Ethan Allen Fund Animal Rescue Protect Our Planet Save a Life Wildlife Help The Homeless - Holiday 2009

Godaddy.com is up for auction!!


Got some spare change? You could buy godaddy.com...

According to the Wall Street Journal Godaddy is for sale, read more here:

GoDaddy Is on the Block - WSJ.com

(Unfortunately it is subscriber content but you could sign up for a free 2 week trial) :-)

Cheers

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Old 09-10-2010, 02:54 PM   #2 (permalink)
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Old 09-10-2010, 03:00 PM   #3 (permalink)
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Old 09-10-2010, 03:16 PM   #4 (permalink)
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Very surprising.

It's difficult to know what this means, if anything.

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Old 09-10-2010, 04:09 PM   #5 (permalink)
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Old 09-10-2010, 04:58 PM   #6 (permalink)
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I have many domains @ GoDaddy and this is either very odd news, or just an rumor.

I would like to know what this means if true.

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Old 09-10-2010, 05:19 PM   #7 (permalink)
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God, I hope NameMedia don't buy GoDaddy too.

---------- Post added at 08:19 AM ---------- Previous post was at 08:17 AM ----------
????: NamePros.com http://www.namepros.com/industry-news/676624-godaddy-com-is-up-for-auction.html

Originally Posted by amenzl View Post
"The company posted revenue between $750 million and $800 million in 2009"

"has put itself up for sale in an auction that could fetch more than $1 billion"

That makes no sense to me.
$1B for a company operating at a loss doesn't make much sense to me either.
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Old 09-10-2010, 06:50 PM   #8 (permalink)
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Old 09-10-2010, 07:34 PM   #9 (permalink)
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Eh, whatever happens, it'll still be mostly business as usual, selling domain names

This - "Private-equity firms are attracted to the business because of the steady cash flow from monthly fee-based subscriptions and the potential for "up-selling" customers additional features to enhance their websites."

And GoDaddy goes overboard with that and recent discussions with them throwing subscriptions into people's carts during the checkout process. You can push that too much, trying squeeze out every cent, where it could backfire and long term could cost them.
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Old 09-10-2010, 09:41 PM THREAD STARTER               #10 (permalink)
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Originally Posted by amenzl View Post
"The company posted revenue between $750 million and $800 million in 2009"

"has put itself up for sale in an auction that could fetch more than $1 billion"

That makes no sense to me.
Maybe a publicity sting, who knows....but maybe if all of the NP members chip in 10 bucks we could collectively buy GD and have our own #1 registrar lol

Cheers

Liquid

---------- Post added at 12:41 AM ---------- Previous post was at 12:35 AM ----------

Originally Posted by JB Lions View Post
Eh, whatever happens, it'll still be mostly business as usual, selling domain names
????: NamePros.com http://www.namepros.com/showthread.php?t=676624

This - "Private-equity firms are attracted to the business because of the steady cash flow from monthly fee-based subscriptions and the potential for "up-selling" customers additional features to enhance their websites."

And GoDaddy goes overboard with that and recent discussions with them throwing subscriptions into people's carts during the checkout process. You can push that too much, trying squeeze out every cent, where it could backfire and long term could cost them.
Parson Dude just wants to: chase young chicks, hunt, fire off his Smith&Wesson, fish, have a nice dinner with Sarah Palin and discuss the new future of America that's why he is retiring....bahhh, i am jealous lol

Cheers

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Old 09-10-2010, 10:50 PM   #11 (permalink)
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I cant sure about this. Anyway if its true, what will happened to our domains? Will it fly away like Registerfly? Will new ownership go things in good way or bad way? Who knows!
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Old 09-10-2010, 11:05 PM   #12 (permalink)
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Old 09-10-2010, 11:09 PM   #13 (permalink)
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Godaddy isn't a financially stable company. They announced a loss for many years in a row.
GoDaddy's Net Income Losses (2002 - 2005) -- Read it here!

Maybe they thought it is a good time to sell now while they made a profit last year. There is also a chance that they are making less money from auctions and hosting.
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Old 09-11-2010, 12:14 AM   #14 (permalink)
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Originally Posted by Erdinc View Post
Godaddy isn't a financially stable company. They announced a loss for many years in a row.
GoDaddy's Net Income Losses (2002 - 2005) -- Read it here!

Maybe they thought it is a good time to sell now while they made a profit last year. There is also a chance that they are making less money from auctions and hosting.
That's a little dated, that's 5 years old. Trying to find more current numbers, found - Domain Name Wire » News » A Look at Go Daddy’s Growth (in Numbers) - The Domain Industry's News Source
????: NamePros.com http://www.namepros.com/showthread.php?t=676624

They seem to be doing ok. If it doesn't sell, business as usual. If it does, probably business as usual.

As mentioned in the article, Register.com was sold earlier this year and - Register Domain Names at Register.com - Business Web Hosting Services and Domain Name Registration Provider Still up, doing what they do.
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Old 09-11-2010, 01:07 PM   #15 (permalink)
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Oracle should buy them and bundle web hosting with hardware and colo wire hotels but charge up the kazoo for web support.

I wish Enom would buy their tech support.

"I'll start the bidding for that at *digs thru pocket) $1.89."
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Old 09-11-2010, 01:20 PM   #16 (permalink)
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Use Promo Code "NoMoreDaddy75" to bid on this auction and get 75% discount on the final price! :-D
The news seems to be a rumor even if it is from a very reputed source.We should wait for at least a day to know what exactly is going on!
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Old 09-11-2010, 02:52 PM   #17 (permalink)
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Good for the domain industry as a whole. A 1billion~ website sale will add more financial interest to our industry.
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Old 09-11-2010, 03:47 PM   #18 (permalink)
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Whoever buys godaddy will then put it up for IPO then play the stock market drop the price and leave the little guy holding the bag game. Then restore it back after they rebought the shares. lol
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Old 09-11-2010, 04:00 PM   #19 (permalink)
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Interesting news that is not in any way positive since a best case scenario would be the new owners keeping things the same.
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Old 09-11-2010, 06:59 PM   #20 (permalink)
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or, mult-dubby, they could (gasp) improve tech support and drive that market share stake to 75%!
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Old 09-11-2010, 08:12 PM   #21 (permalink)
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Originally Posted by syncvb View Post
Use Promo Code "NoMoreDaddy75" to bid on this auction and get 75% discount on the final price! :-D
????: NamePros.com http://www.namepros.com/showthread.php?t=676624
The news seems to be a rumor even if it is from a very reputed source.We should wait for at least a day to know what exactly is going on!
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Old 09-11-2010, 08:36 PM   #22 (permalink)
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This is a really surprising news. GoDaddy was the first registrar that I knew of and it's longevity is something to be proud of. It's a shame if this news is true, but I guess everyone has their own problems?
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Old 09-12-2010, 12:24 AM   #23 (permalink)
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hopefully whoever buys goes with the attitude of 'if it aint broke don't fix it" If you could retire with a heap if cash i am sure you would sell it too !
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Old 09-12-2010, 02:04 AM   #24 (permalink)
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This sounds a bit worrying....I'm not bothered about if they make a huge profit. The size of their portfolio would never allow them to die - they would always get bought out.

My guy feeling however is that the only people who would be willing to take it on would be someone like enom or netsol. If netsol get their hands on it god only knows how much more they can screw the crippled company up!

Really don't think there are too many domain registrars who would be willing to drop $1bil+ on a company thats struggling...maybe thats why its 'only' goint to fetch around a bil.
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Old 09-12-2010, 02:35 AM   #25 (permalink)
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Originally Posted by RickM View Post
This sounds a bit worrying....I'm not bothered about if they make a huge profit. The size of their portfolio would never allow them to die - they would always get bought out.
????: NamePros.com http://www.namepros.com/showthread.php?t=676624

My guy feeling however is that the only people who would be willing to take it on would be someone like enom or netsol. If netsol get their hands on it god only knows how much more they can screw the crippled company up!

Really don't think there are too many domain registrars who would be willing to drop $1bil+ on a company thats struggling...maybe thats why its 'only' goint to fetch around a bil.
GoDaddy is not struggling, from what I linked too in my last post:

"Perhaps more important as a privately-held company is Go Daddy’s cash flow. The company forecasts an operating cash flow of $140-$150 million for 2010.

Go Daddy’s employee base has grown with the revenue, bringing much needed jobs to Arizona and Iowa. In 2003 the company employed 323 people; it now keeps 2,700 (and growing) on the payroll.

No wonder Bob Parsons is always smiling."
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