Skip to main content

For sale: GoDaddy, asking $1 billion or best offer

Go Daddy GirlsFounded in 1997, GoDaddy is privately held by ex-Marine Bob Parsons and is well known for its racy advertising, featuring race car driver Danica Patrick and other scantily clad women. As one of the largest domain name registrars around, GoDaddy currently manages more than 43 million domain names. It also sells e-commerce, security, and other add-on services for people to manage their Web presence.

According to the Wall Street Journal, GoDaddy had revenues between $750 million and $800 million in 2009. Some reports claim the company generates revenues of $2.7 million a day.

GoDaddy filed (and withdrew) papers announcing an IPO in 2006, and rumors resurfaced earlier this year that GoDaddy will go public again. On Sept. 2, Parsons announced on his campy video blog that he was considering selling the company.

With this announcement, GoDaddy is seeking bids from private equity firms. Private equity firms like domain name registrars because of the steady and predictable flow of fee-based subscriptions.

However, $1 billion seems a little much for a company that essentially holds domain names and hosts Web sites. Web.com bought much-smaller-competitor Register.com for $135 million earlier this year.

Qatalyst Partners, headed by heavyweight tech banker Frank Quattrone, will shop GoDaddy to interested buyers.
Qatalyst recently advised 3PAR during Dell and HP’s bidding frenzy. With Qatalyst at the helm, Parsons might just get his asking price.

Fahmida Y. Rashid
Former Digital Trends Contributor
Why you should buy a MacBook Pro instead of a MacBook Air
The 14-inch MacBook Pro on a window sill.

There are plenty of reasons to buy a MacBook Air instead of a MacBook Pro. If you want a MacBook on a budget, you don't necessarily need the goodies that come with upgrading to the MacBook Pro.

That being said, I'm going to argue for spending a little more. In my experience, the MacBook Pro offers several distinct advantages that help justify a higher price, especially with the introduction of the more affordable MacBook Pro 14 with the base M3. If you can stretch your budget a bit, here's why I think you should buy a MacBook Pro instead of a MacBook Air.
Setting the stage: pricing

Read more
Windows 11 vs. Windows 10: finally time to upgrade?
The screen of the Surface Pro 9.

Windows 11 is the newest version of Windows, and it's one of the best Windows versions released. At launch, the operating system was very similar to Windows 10, but it has morphed a lot over the past several years. Now, Windows 11 has several key differences compared to Windows 10.

If you've been holding out on upgrading, we have everything you need to know about Windows 11 and how it's different than Windows 10 in this article. We'll detail the differences, as well as show you the areas where Windows 11 is growing faster than Windows 10.
Windows 11 vs. Windows 10: what's new

Read more
Usually $299, this HP Chromebook is discounted to $149 today
HP Chromebook 14b sits on a desk.

If the laptop deals that you come across are too expensive because all you need is a basic device, then you may want to check out Chromebook deals. Here's an affordable offer that may catch your attention -- the HP Chromebook 14a for only $149, following a $150 discount on its original price of $299. That's insanely cheap, and we don't think that price will hold for a long time. If you're interested in taking advantage of this bargain, it's highly recommended that you proceed with the purchase immediately because it may be gone as soon as tomorrow.

Why you should buy the HP Chromebook 14a
A Chromebook is a laptop that's powered by Google's Chrome OS, which is a web-based operating system that allows devices to run fast and smooth despite cheap components. For example, the HP Chromebook 14a is only equipped with the Intel Celeron N4120 processor, Intel UHD Graphics 600, and 4GB of RAM, but it's good enough for the basic tasks that you'll need to complete for work or school such as typing documents, doing online research, and making presentations. The HP Chromebook 14a doesn't have much built-in storage as it only comes with a 64GB eMMC, but you'll have all the space that you need for your files on Google Drive.

Read more