GoDaddy is going public

2014-06-09 Thread techlists




I heard on the radio that GoDaddy has revenues of $1.3 Billion and has 
losses of several hundred thousand.  It is my understanding GoDaddy has 
never made a profit.  Parsons is an accountant so I'd bet it is some 
accounting trick.  I'll bet he has 100 million in the bank and is paying 
himself lots as well.


GoDaddy is the biggest domain registrar and possibly the biggest virtual 
hosting company.  There are several other big players so maybe the 
domain and hosing industry might be 3 - 5 billion annually.  Maybe even 
more.


Interesting to finally hear about the business.

Keith
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Re: GoDaddy is going public

2014-06-09 Thread Victor D Odhner

Was domain and hosing industry a Freudian slip? :)

On 06/09/2014 08:50 PM, techli...@phpcoderusa.com wrote:

I heard on the radio that GoDaddy has revenues of $1.3 Billion and has
losses of several hundred thousand.  It is my understanding GoDaddy has
never made a profit.  Parsons is an accountant so I'd bet it is some
accounting trick.  I'll bet he has 100 million in the bank and is paying
himself lots as well.

GoDaddy is the biggest domain registrar and possibly the biggest virtual
hosting company.  There are several other big players so maybe the
domain and hosing industry might be 3 - 5 billion annually.  Maybe even
more.

Interesting to finally hear about the business.

Keith



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