Blue
New member
2.2 billion is a lot of domains.
http://wallstreetrun.com/go-daddy-an-internet-domain-registrar-is-sold-ap-2.htm
http://wallstreetrun.com/go-daddy-an-internet-domain-registrar-is-sold-ap-2.htm
2.2 billion is a lot of domains.
They didnt go public a few years ago, because no-one wanted to buy the stock ... most of their t/over comes from non-domain items - guess the 32 pages of hard-upsells does work !Still wondering how they didn't go public with those numbers and remained private
- source: http://dealbook.nytimes.com/2011/07/01/go-daddy-to-sell-itself-to-k-k-r-and-silver-lake/“This isn’t a sale. It’s a partnership that’s reinvesting in Go Daddy.”
48 million domains names. That's just a cosmic number. Wow.
Just read the article. $2.25n is a lot of shekels. But then its a billion-dollar company (annual sales-wise). Still wondering how they didn't go public with those numbers and remained private. Could this be a potential move by new investors?
If they did - would you buy company stock?
I read a few more articles/postings on this. Looks like Bob will remain the largest individual share holder (percentage was not revealed from what I could find). I did find it interesting that Mr. Parsons stated that it is not a buy out, it was an investment;
- source: http://dealbook.nytimes.com/2011/07/01/go-daddy-to-sell-itself-to-k-k-r-and-silver-lake/
It also looks like Parsons will become an executive chairman of the new company - so while things are changing, it may not change that much.
I also read somewhere that of the 2.25 billion dollar deal, half of that is actually DEBT from the company - so was it really still a good deal?
And like the elephants, we will never forget either