NameSilo

GoDaddy annual report out insight into Uniregistry sales price

Labeled as domains in Domain Industry News, started by equity78, Feb 21, 2020

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  1. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    You can now view the GoDaddy annual report which came out today. View the full report here. There are some hints at the Uniregistry acquisition price, another note was where GoDaddy values their portfolio Under subsequent events: Subsequent Events In February 2020, we entered into agreements for two acquisitions with an aggregate purchase price of approximately $196.9 million, of which … [Read more...]
     
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  2. Pay.My.id

    Pay.My.id Established Member

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    Thank you for sharing
     
  3. Samer

    Samer Top Contributor VIP

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    just posted this in chat!

    Surprised purchase less than $1B; wow Frank.

    less than 200M is all it took to buyout Uni?

    Samer
     
    Last edited: Feb 21, 2020
  4. alcy

    alcy Top Contributor VIP

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    right on the money :)
     
  5. Samer

    Samer Top Contributor VIP

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    Needs to be a poll on this...

    “Did think Uni sold for too low high or just right”

    Samer
     
    Last edited: Feb 21, 2020
  6. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    Seems some in the comments think this was a desperate sale, I am not sure about that because we still need more details on everything included.
     
  7. Samer

    Samer Top Contributor VIP

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    Think most ones who think desperate are ones goin with sold Uni due something personal life (we dont know what’s going on from outside)

    All things being equal, $200M seems cheap,
    but then again, Namesilo did sell for $9.5M..
    shocked, maybe Frank a genius selling now; if downturn economy; or further exit of portfolios’

    Samer
     
    Last edited: Feb 21, 2020
  8. 1Darko

    1Darko Top Contributor VIP

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    Like always in life - it's the price the buyer was prepared to pay - take it or leave it!
    Congrats to Frank Schilling and GoDaddy! (y)
     
  9. Mister Funsky

    Mister Funsky Top Contributor VIP

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    Agreed...there is no telling what some of those top tier accountants did...creative bookkeeping at the highest levels...it would not surprise me if it takes one, maybe two, more quarters to shake out the actual price/cost. I will stay with my 500 guesstimate for now.
     
  10. Tushar Batra

    Tushar Batra Top Contributor VIP

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    Can you share the website/tool you used to find the acquisitions?
     
  11. Silentptnr

    Silentptnr Top Contributor VIP

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    Last edited: Feb 21, 2020
  12. wwwweb

    wwwweb Top Contributor VIP ★★★★★★★★★★

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    It helps to have large amount of capital to buy bulk assets, they got a lot of products, and domains for that price. Who knows maybe Frank S took out 100 category killer domains to see him thru the next 25 years.
     
  13. wwwweb

    wwwweb Top Contributor VIP ★★★★★★★★★★

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    Lots of moving parts here:

    -Uniregistry and platform
    -About 1 million client domains, and accounts
    -350,000 Name Administration portfolio
    -Brandsight
    -Goodwill & Employees

    If the magic number is $150M, I think Godaddy did well, and they will get a good return from these assets in engineering, and new all around clients who purchase a domain from them, and use their services.

    I think Berkens at $35M got a better overall exit on 70,000 names, given he had a lot of liquid 2,3,4 L .com’s, and legal names, but he timed it right at the peak of the chip revolution.

    It will be really interesting what Godaddy does with the platform given it’s unique low commission self admin structure, and locale. I would think they move their platinum customers onto it, and carry on as it is, but it would be a shame if they took it offline.
     
    Last edited: Feb 22, 2020
  14. Sutruk

    Sutruk Established Member

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    I don't see how getting $196M at once is a desperate sale. But maybe those people saying it was a desperate sale (at thedomains.com article) have more tan $196M in their bank account, who knows.
     
    Last edited: Feb 22, 2020
  15. .X.

    .X. In God I Trust VIP Gold Account ★★★★★★★★★★

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    I think Frank decided to cash out, otherwise it would have sold for much more, but there could be a share included in the sale that wont be made public, Frank rocked it either way IMO
     

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