GoDaddy.com is up for auction!!

[liquidcherry]

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

Liquid

 

[Alex P]

I'm shocked to say the least

 

[DN BROKER]

time to get my domains out

 

[Ms Domainer]

*

Very surprising.

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

*

 

[enlytend]

Interesting ...

 

[bmugford]

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.

Brad

 

[Name Trader]

God, I hope NameMedia don't buy GoDaddy too.

---------- Post added at 08:19 AM ---------- Previous post was at 08:17 AM ----------

"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.

 

[Fuzzylogic]

Google should grab 'em.

 

[JB Lions]

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.

 

[liquidcherry]

"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 ----------

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.

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

Liquid

 

[Lakshan]

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!

 

[NetOctave]

Mostly gone will be the days of 1 dollar names and coupons...

 

[Erdy]

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.

 

[JB Lions]

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

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.

 

[nucleotide]

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."

 

[syncvb]

Use Promo Code "NoMoreDaddy75" to bid on this auction and get 75% discount on the final price!
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!

 

[Kirkland]

Good for the domain industry as a whole. A 1billion~ website sale will add more financial interest to our industry.

 

[johname]

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

 

[DubDubDubDot]

Interesting news that is not in any way positive since a best case scenario would be the new owners keeping things the same.

 

[nucleotide]

or, mult-dubby, they could (gasp) improve tech support and drive that market share stake to 75%!