GoDaddy.com Up For Auction ? $1 Billion Expected - GoFuckYourself.com

gumdrop · 09-13-2010, 07:49 AM

Quote:

GoDaddy.com, the website that registers Internet domain names is up for auction and according to the WSJ, it?s believed that the bidding for this web property could go higher then $1 billion US.

Qatalyst Partners has been hired to oversee the sale of Go Daddy Group Inc, a company that currently manages 43 million domain names, making it the largest domain name registrar in the world. Neither GoDaddy.com nor Qatalyst was available for comment on this matter.

http://www.coated.com/godaddy-com-up...ed-0912201003/

MaDalton · 09-13-2010, 07:56 AM

i think with 1 billion in my pocket i'd retire too

2intense · 09-13-2010, 08:01 AM

I just transferred all my domains from GoDaddy

anyway I do not like godaddy

FrozenJag · 09-13-2010, 08:03 AM

He must have had all his money in epass.

I think i'll move the 100 or so left at GD away this evening. Not taking any chances.

peakpromo · 09-13-2010, 08:04 AM

Wow, good news to know. Wonder why they are looking at selling and why an "auction"?!?

marketsmart · 09-13-2010, 08:07 AM

there is something odd going on with this transaction..

why would they sell such a profitable company?

i have a feeling that their revenue has taken a big hit this year...

.

cwd · 09-13-2010, 08:08 AM

thats a lot of money

Supz · 09-13-2010, 08:12 AM

I wonder if Visa is trying to stop there prechecked cross sales. Does anyone know if Moniker would do free transfers the domains I have at godaddy?

FetishWeb · 09-13-2010, 08:26 AM

Quote:

Originally Posted by marketsmart

there is something odd going on with this transaction..

why would they sell such a profitable company?

i have a feeling that their revenue has taken a big hit this year...

.

In their failed IPO attempt it was revealed that under GAAP they are actually a profitless company.

Parson's ego has never recovered.

Vick! · 09-13-2010, 08:33 AM

Quote:

Originally Posted by 2intense

anyway I do not like godaddy

I don't like them either for multiple reasons.

I know its not gonna happen, but I wish some insane billionaire just buy this company and shut it down lol

gumdrop · 09-13-2010, 08:35 AM

Quote:

Originally Posted by FetishWeb

In their failed IPO attempt it was revealed that under GAAP they are actually a profitless company.

Parson's ego has never recovered.

Bingo!

peakpromo · 09-13-2010, 08:43 AM

Yeah, well selling domain names close-to/at-cost to upsell people on products was a great idea and I always questioned how they give good support at the prices they do (even with outsourcing). I can totally see them trying to dump it before bad financials come out but in this economy I would think they would do better, because this is indeed a "cheapest is best" economy?!? I've had a TON of regular hosting clients that have left my hosting for GoDaddy because they are really looking at all their expenses these days... I've had to start matching their rates to keep good clients. Not a problem because I've adjusted my model to accomodate for this. I'd love to really see the numbers behind GoDaddy thought!

FetishWeb · 09-13-2010, 08:52 AM

Quote:

Originally Posted by peakpromo

I've had a TON of regular hosting clients that have left my hosting for GoDaddy because they are really looking at all their expenses these days... I've had to start matching their rates to keep good clients. Not a problem because I've adjusted my model to accomodate for this. I'd love to really see the numbers behind GoDaddy thought!

GD's scummy deals have been hurting legitimate operators since 2002-2003. Pretty amazing to see the entire webhosting/domain reg business scape reshaped by a blowhard religious zealot that in the end, isn't actually making any money and just wants to walk away.

Kind of like if walmart just said "fuck it" one day and decided to auction themselves off.

09-13-2010, 07:56 AM	#2
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,829	i think with 1 billion in my pocket i'd retire too __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

09-13-2010, 08:01 AM	#3
2intense Too lazy to set a custom title Industry Role: Join Date: Dec 2009 Location: Google Posts: 12,467	I just transferred all my domains from GoDaddy anyway I do not like godaddy __________________ Most Affordable Firewall & Malware Protection for Linux Servers Last edited by 2intense; 09-13-2010 at 08:03 AM..

09-13-2010, 08:03 AM	#4
FrozenJag Confirmed User Join Date: Oct 2006 Posts: 1,763	He must have had all his money in epass. I think i'll move the 100 or so left at GD away this evening. Not taking any chances.

09-13-2010, 08:04 AM	#5
peakpromo Registered User Industry Role: Join Date: Sep 2010 Posts: 63	Wow, good news to know. Wonder why they are looking at selling and why an "auction"?!?

09-13-2010, 08:07 AM	#6
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	there is something odd going on with this transaction.. why would they sell such a profitable company? i have a feeling that their revenue has taken a big hit this year... .

09-13-2010, 08:08 AM	#7
cwd Confirmed User Join Date: Feb 2006 Location: In a dream Posts: 1,955	thats a lot of money

09-13-2010, 08:12 AM	#8
Supz Arthur Flegenheimer Industry Role: Join Date: Jul 2006 Location: New York City Posts: 11,056	I wonder if Visa is trying to stop there prechecked cross sales. Does anyone know if Moniker would do free transfers the domains I have at godaddy?

09-13-2010, 08:43 AM	#12
peakpromo Registered User Industry Role: Join Date: Sep 2010 Posts: 63	Yeah, well selling domain names close-to/at-cost to upsell people on products was a great idea and I always questioned how they give good support at the prices they do (even with outsourcing). I can totally see them trying to dump it before bad financials come out but in this economy I would think they would do better, because this is indeed a "cheapest is best" economy?!? I've had a TON of regular hosting clients that have left my hosting for GoDaddy because they are really looking at all their expenses these days... I've had to start matching their rates to keep good clients. Not a problem because I've adjusted my model to accomodate for this. I'd love to really see the numbers behind GoDaddy thought!