GoDaddy released earnings today. Although the company doesn’t directly disclose how much the companypaid for Michael Berkens’ Worldwide Media domain name portfolio, there’s a clue.
As of the end of September, the company’s cash flow reconciliation included $30.7 million used for acquisitions. At the end of the year, the number spiked to $66.2 million. That’s a $35.5 million difference.
This does not necessarily mean this was just for Berken’s portfolio. It could have included other small acquisitions or payments related to previous acquisitions.
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Related:
As of the end of September, the company’s cash flow reconciliation included $30.7 million used for acquisitions. At the end of the year, the number spiked to $66.2 million. That’s a $35.5 million difference.
This does not necessarily mean this was just for Berken’s portfolio. It could have included other small acquisitions or payments related to previous acquisitions.
Source
Related: