View Full Version : GoDaddy Files for IPO, SEC Filing Indicates No Profits Since 2009
idn
11th June 2014, 01:47 PM
The company lost $279 million in 2012. It bled another $200 million last year. This year doesn't look much better, with another $51 million lost in the first quarter.
http://money.cnn.com/2014/06/09/technology/godaddy-ipo/index.html
NameYourself
11th June 2014, 02:19 PM
Maybe time to cut back on those pricey super bowl commercials!
Rubber Duck
11th June 2014, 02:50 PM
Sounds about as interesting as a Dose of the Clap.
123
11th June 2014, 04:25 PM
considering they were sold for 2 billion.. what a mess.
squirrel
11th June 2014, 05:03 PM
losing 200M/year is quite a feat
and we all have the feeling, I think, that they are amongst the most greedy of registrars, upselling as much as they can. I just don't understand that one
Rubber Duck
11th June 2014, 08:31 PM
In shipping terms, not so much a launch as a Salvage.
Somebody looking for a Greater Fool.
That could be tough!
Drewbert
12th June 2014, 02:37 AM
I'm going to enjoy watching them sink below the waves.
Wot
12th June 2014, 07:21 AM
I'm going to enjoy watching them sink below the waves.
Have to ensure those with similar interest don't all rush to the same side of the ship at the same time! :-p
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