GoDaddy.com puts itself up for sale - GoFuckYourself.com

digifan · 09-10-2010, 08:34 PM

GoDaddy.com puts itself up for sale: report
Reuters

SAN FRANCISCO (Reuters) ? Internet domain name registry GoDaddy.com has put itself up for sale, the Wall Street Journal reported on Friday.

The privately held company could fetch more than $1 billion in an auction, the report said, citing people familiar with the matter.

GoDaddy has hired investment bank Qatalyst Partners, the Journal reported. Private equity firms are expected to bid.

The company declined to comment.

GoDaddy is the world's largest domain name registrar. The company was founded by Bob Parsons in 1997, and says it has more than 43 million domains under management.

The company posted revenue between $750 million and $800 million in 2009, the report said.

GoDaddy has made a name for itself by running racy television ads to promote its brand, some of them featuring race car driver Danica Patrick.

(Reporting by Alexei Oreskovic and Gabriel Madway; editing by Gunna Dickson)

http://news.yahoo.com/s/nm/20100910/wr_nm/us_godaddy

DateDoc · 09-10-2010, 09:15 PM

They are getting out in the worst economic market possible. Kind of weird but if Parsons can turn his $64 million investment (estimated as that is how much he made selling his tax software to inuit) into a billion in 13 years more power to him.

bolsex · 09-10-2010, 10:51 PM

Wow!!!!!

Amputate Your Head · 09-10-2010, 10:53 PM

Quote:

Originally Posted by DateDoc

They are getting out in the worst economic market possible. Kind of weird but if Parsons can turn his $64 million investment (estimated as that is how much he made selling his tax software to inuit) into a billion in 13 years more power to him.

respect.

PornMD · 09-10-2010, 11:18 PM

Will be kind of funny...someone with a gob of money will become the king of the domain industry more or less considering how much market share they have in registrations and what they leverage that into. Oversee, Demand, and Netsol wish they could club Parsons over the head and take GoDaddy somehow. :P

vicki · 09-10-2010, 11:32 PM

Quote:

Originally Posted by Jesus H Christ

I hate that company. Dealing with them is like walking through a sidewalk full of chewed gum on a hot summer day.

Props to him for doing so well..

ditto ditto and triple ditto

HandballJim · 09-10-2010, 11:47 PM

Quote:

Originally Posted by DateDoc

They are getting out in the worst economic market possible. Kind of weird but if Parsons can turn his $64 million investment (estimated as that is how much he made selling his tax software to inuit) into a billion in 13 years more power to him.

yeah timing seems bad, but a billion dollars sounds good.

tiger · 09-10-2010, 11:59 PM

I'll consider it send me the stats and screenshots of earnings.

Rochard · 09-11-2010, 12:03 AM

We'll open up the bidding at $9.

That's "nine dollars" folks.

jigg · 09-11-2010, 01:02 AM

Quote:

Originally Posted by Rochard

We'll open up the bidding at $9.

That's "nine dollars" folks.

$10 with a discount coupon

lazzlo · 09-11-2010, 02:11 AM

look its digifan!

CamWealth · 09-11-2010, 02:30 AM

My concern here is what happens if Godaddy sells! what if the new owners reinvent godady and deny adult usage??? OMG the work, the stress!!

BIGTYMER · 09-11-2010, 02:39 AM

Haters can hate but I love GoDaddy.

lazycash · 09-11-2010, 02:41 AM

Well this explains why all of a sudden this year they've been having .99 domain sales seemingly every month. In the past they might have done it once a year. Obviously they were trying to build up their total registrations to be able to better market themselves to a prospective bidder.

CamWealth · 09-11-2010, 02:43 AM

I agree with lazy.. makes total sence bump up your customer base then sell..
And Big im with you on that!! 24/7 support and now they have virtual dedi servers cheap so why bother with anyone else!

seeandsee · 09-11-2010, 02:53 AM

i will buy it with private investors form st.kitten bank

Marshal · 09-11-2010, 06:18 AM

i wish namecheap has investment funds to buy them and make them top notch. this company is slow as shit and the way they treat customers reminds me of paypal...

PGR · 09-11-2010, 06:34 AM

My only gripe is the initial sales calls I received when I first started using them. A quick email to customer support put an end to that shit though. Now I spend hundreds every month on renewals and new registrations and I've never had a single problem.

brassmonkey · 09-11-2010, 08:01 AM

their rich no matter how much you hate them.

JFK · 09-11-2010, 08:10 AM

Quote:

Originally Posted by lazycash

Well this explains why all of a sudden this year they've been having .99 domain sales seemingly every month. In the past they might have done it once a year. Obviously they were trying to build up their total registrations to be able to better market themselves to a prospective bidder.

a good scheme , that seemed to have worked

DaddyHalbucks · 09-11-2010, 08:33 AM

GoDaddy is OK, I can't say much bad about them.

CyberHustler · 09-11-2010, 08:36 AM

The only thing godaddy is good for is snapping up domains for cheap and easily transferring them to one of you dick heads at a higher price.

09-10-2010, 08:34 PM	#1
digifan The Profiler Industry Role: Join Date: Oct 2002 Location: ICQ 76281726 and I'm female Posts: 14,618	GoDaddy.com puts itself up for sale GoDaddy.com puts itself up for sale: report Reuters SAN FRANCISCO (Reuters) ? Internet domain name registry GoDaddy.com has put itself up for sale, the Wall Street Journal reported on Friday. The privately held company could fetch more than $1 billion in an auction, the report said, citing people familiar with the matter. GoDaddy has hired investment bank Qatalyst Partners, the Journal reported. Private equity firms are expected to bid. The company declined to comment. GoDaddy is the world's largest domain name registrar. The company was founded by Bob Parsons in 1997, and says it has more than 43 million domains under management. The company posted revenue between $750 million and $800 million in 2009, the report said. GoDaddy has made a name for itself by running racy television ads to promote its brand, some of them featuring race car driver Danica Patrick. (Reporting by Alexei Oreskovic and Gabriel Madway; editing by Gunna Dickson) http://news.yahoo.com/s/nm/20100910/wr_nm/us_godaddy __________________ [email protected] Webair Rocks

09-10-2010, 09:15 PM	#2
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	They are getting out in the worst economic market possible. Kind of weird but if Parsons can turn his $64 million investment (estimated as that is how much he made selling his tax software to inuit) into a billion in 13 years more power to him. __________________

09-10-2010, 11:18 PM	#5
PornMD Mainstream Businessman Industry Role: Join Date: Jan 2007 Location: San Diego Posts: 9,291	Will be kind of funny...someone with a gob of money will become the king of the domain industry more or less considering how much market share they have in registrations and what they leverage that into. Oversee, Demand, and Netsol wish they could club Parsons over the head and take GoDaddy somehow. :P __________________ Want to crush it in mainstream with Facebook ads? Hit me up.

09-10-2010, 11:59 PM	#8
tiger Confirmed User Industry Role: Join Date: Apr 2002 Location: Los Angeles Posts: 6,986	I'll consider it send me the stats and screenshots of earnings. __________________

09-11-2010, 12:03 AM	#9
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,602	We'll open up the bidding at $9. That's "nine dollars" folks. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

09-10-2010, 10:51 PM	#3
bolsex Confirmed User Industry Role: Join Date: May 2002 Posts: 717	Wow!!!!!

09-11-2010, 02:11 AM	#11
lazzlo Confirmed User Join Date: Sep 2003 Location: Toronto Posts: 3,709	look its digifan! __________________ Buy my ads \| Sign up now

09-11-2010, 02:30 AM	#12
CamWealth Registered User Industry Role: Join Date: Aug 2010 Posts: 73	My concern here is what happens if Godaddy sells! what if the new owners reinvent godady and deny adult usage??? OMG the work, the stress!! __________________ Camwealth.com - Marketing Director / Web Developer. We also have a free links directory if you need a place to drop your adult links.

09-11-2010, 02:39 AM	#13
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	Haters can hate but I love GoDaddy.

09-11-2010, 02:41 AM	#14
lazycash Troll Patrol Industry Role: Join Date: Aug 2002 Location: Local Socal Posts: 15,214	Well this explains why all of a sudden this year they've been having .99 domain sales seemingly every month. In the past they might have done it once a year. Obviously they were trying to build up their total registrations to be able to better market themselves to a prospective bidder.

09-11-2010, 02:43 AM	#15
CamWealth Registered User Industry Role: Join Date: Aug 2010 Posts: 73	I agree with lazy.. makes total sence bump up your customer base then sell.. And Big im with you on that!! 24/7 support and now they have virtual dedi servers cheap so why bother with anyone else! __________________ Camwealth.com - Marketing Director / Web Developer. We also have a free links directory if you need a place to drop your adult links.

09-11-2010, 02:53 AM	#16
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	i will buy it with private investors form st.kitten bank __________________ BUY MY SIG - 50$/Year Contact here

09-11-2010, 06:18 AM	#17
Marshal Biz Dev and SEO Industry Role: Join Date: Jun 2005 Posts: 15,172	i wish namecheap has investment funds to buy them and make them top notch. this company is slow as shit and the way they treat customers reminds me of paypal... __________________ --- Busy ranking websites on Google...

09-11-2010, 06:34 AM	#18
PGR Confirmed User Industry Role: Join Date: Jul 2004 Location: Ontario Posts: 1,753	My only gripe is the initial sales calls I received when I first started using them. A quick email to customer support put an end to that shit though. Now I spend hundreds every month on renewals and new registrations and I've never had a single problem.

09-11-2010, 08:01 AM	#19
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,156	their rich no matter how much you hate them. __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

09-11-2010, 08:33 AM	#21
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	GoDaddy is OK, I can't say much bad about them. __________________ Boner Money

09-11-2010, 08:36 AM	#22
CyberHustler Unregistered Abuser Industry Role: Join Date: Feb 2006 Posts: 25,944	The only thing godaddy is good for is snapping up domains for cheap and easily transferring them to one of you dick heads at a higher price.