GoDaddy Job Opening: Vice President of Investor Relations

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Last week, Andrew Allemann wrote about a GoDaddy job opening that will have a direct impact on the domain investment side of the business. GoDaddy is looking to fill the role of President, Domain Registrar & Investor Business. I think this is an important role, and the person will directly oversee all of GoDaddy’s lines of business that impact domain investors, including its marketplaces and auctions.

This morning, I noticed a job opening posted to LinkedIn that will not have a direct impact on domain investors, but it is an important corporate role. GoDaddy is looking to hire a Vice President of Investor Relations. The job was posted six days ago, and there have been 54 applicants on LinkedIn so far.

Here’s a brief overview of the job opening GoDaddy is looking to fill:

NamesCon Auction Now Live on GoDaddy Auctions

When I was looking at some upcoming auctions on GoDaddy Auctions last night, I saw a banner advertising the upcoming NamesCon domain name auction:

Although the banner indicates pre-bidding will begin on December 1, the auction page is now loading. When I visited, I was able to see quite a few domain names that will be included in the auction, in addition to the handful of high value names that were already announced. I looked up a handful of the additional names that have been added, and I can see those are all NameFind portfolio names (owned by GoDaddy).

Submissions Open for NamesCon Live Auction

Domain name submissions are now being accepted for the NamesCon Global domain name auction, according to an email I received from GoDaddy. This year, the live auction will be hosted by GoDaddy. The online portion of the auction will run on the GoDaddy Auctions platform. In previous years, the auction was hosted by NameJet. GoDaddy acquired the parent company of NamesCon in 2016. The live auction will be held during the NamesCon Global conference in Austin, Texas on January 30, 2020.

DAE.com Sells for Six Figures in Expiry Auction

The DAE.com domain name expired in mid-October, and the domain name went to auction at GoDaddy Auctions. The auction for this 24 year old 3 letter .com domain name ended this afternoon, and DAE.com was sold for $126,000:

GoDaddy Auction Results Do Not Impact GoDaddy Appraisal

I have been curious about how GoDaddy’s appraisals change once an auction on its GoDaddy Auction platform closes. I am curious to see if the appraised value goes down since most auctions close below the appraised value, and the majority likely close considerably below that figure. The difference between appraised value and the auction sale price is expected since auctions are generally wholesale purchases while appraisals should align closer with the retail value of a domain name.

10 Recent Domain Name Buys for Less than $100 at GoDaddy Auctions

It’s hard to find good values at expiry auctions these days. There is a lot of competition, and the sale prices have continued to climb over the last few years. Perhaps we have seen a plateau in expiry auction prices, but I don’t follow enough auctions to really say if that is the case with any degree of certainty.