GoDaddy.com Up For Auction ? $1 Billion Expected

**MaDalton** · 09-13-2010, 06:56 AM

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

**2intense** · 09-13-2010, 07:01 AM

I just transferred all my domains from GoDaddy

anyway I do not like godaddy

**FrozenJag** · 09-13-2010, 07:03 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, 07:04 AM

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

**marketsmart** · 09-13-2010, 07:07 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, 07:08 AM

thats a lot of money

**Supz** · 09-13-2010, 07:12 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, 07:26 AM

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, 07:33 AM

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, 07:35 AM

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, 07:43 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, 07:52 AM

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.

GoDaddy.com Up For Auction ? $1 Billion Expected

GoDaddy.com Up For Auction ? $1 Billion Expected

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