Business Magazine

IPOFinancial: “No Way Godaddy’s IPO Can Move Forward As Is With Google Entering The Market”

Posted on the 26 June 2014 by Worldwide @thedomains

I chatted with David Menlow, who is the founder IPOfinancial.com yesterday about Godaddy’s planned IPO and Google’s announcement this week  that they were entering the domain name registrar business

“I don’t see how  GoDaddy’s IPO could “move forward.”

“If  it does, the valuations of this deal has to be radically”

“Whatever valuation models were being thrown around had to be completely redone”

IPOfinancial.com  “has been serving the investment community with information on IPOs and Secondary offerings since 1990″

Mr. Menlow says his company specialize and is retained by investors and investment companies for its opinion on how IPO shares will trade once the open on the market.

I pointed out to Mr. Menlow that Godaddy has a dominant market share of around 50% of the domain registrar market, which  isn’t as big as Google own market share of Search, still very substantial.

I also pointed out that Google hasn’t released many details of what Google Domains will be offering, what domain names they will be carrying or what the pricing will be.

“It doesn’t matter that there are no details regarding Google Domain offering”

“Google is not the 800 lbs Gorilla in the room, its the 800 ton Gorilla.”

I asked Mr. Menlow if he had any advise for Godaddy with Google coming into the market

“I would turn the lights off in the office and go into the fetal position”


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

Magazines