You nailed it, they look for what they deem undervalued companies where they see growth, to unlock value. Buy low, sell high is how you do this. If they want to grow via equity, they need to spend a lot more money. When godaddy saw they were flat lining on discount domain registrations, what did they do, restrict coupons, raise prices, look for new sales channels, and built the world's most valuable domain portfolio, which probably cost quarter of a billion dollars to execute. I understand during these types of busy new ownership, gives old ownership/management assurances we aren't going to change anything, this is your baby, keep doing what your doing. Right now capital is flowing, as soon as we see interest rates push higher, trade wars develop, stock market wealth start to errode, that is where things get tricky, and capital gets tighter. It's true Namesilo needs money to grow, but usually you see ownership open up a round, not sell the whole company. Once you do that you have no skin in the game, and you lose focus at times. Not saying this is how it plays out, like I said I have enjoyed the services this company offers to this point, and I am sure many here have liked the alt choice they have, but as Tony said, we have just seen this go sideways so many times before. I mean Godaddy is a monster, and continue to grow, Namesilo needs money to do that. I would say if they can build a marketplace, with some kind of sales channel, or help owners unlock the value of their domains in the open market is the fastest way to do that. There is no margin in domain registrations.