GoDaddy.com, the extremely popular site used to register domain names online, has said this week that it is putting itself up for sale.
The site is expected to receive a bid over $1 billion.
GoDaddy, the world's largest domain name registrar, has 43 million domains under management.
The privately-held company was started by CEO Bob Parsons in 1997, and is well known for its advertising ... [ read the full article ]
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Quote:Because the company is private, it does not have reveal its finances, but sources close to the site say the site posted revenue of almost $800 million last year.
Quote:Because the company is private, it does not have reveal its finances, but sources close to the site say the site posted revenue of almost $800 million last year.
Not a bad little earner he has there :)
It is called a black box...we have no reason to believe that this isn't another Enron. If they are making $800 million per year, then they would not be looking for 'just' one billion.
Quote:Because the company is private, it does not have reveal its finances, but sources close to the site say the site posted revenue of almost $800 million last year.
Not a bad little earner he has there :)
It is called a black box...we have no reason to believe that this isn't another Enron. If they are making $800 million per year, then they would not be looking for 'just' one billion.
We don't know their profit on that revenue though, it could be very minuscule.
