In GoDaddy’s most recent 10-Q quarterly report filing with the US Securities & Exchange Commission, the company reported a major acquisition and some other interesting business information.
On page 20 of the filing, GoDaddy stated, “In April 2016, we completed an immaterial acquisition for cash consideration of $42.0 million.” George Kirikos speculated about the acquisition that was reported, since the filing made no mention of it by name:
According to a campaign email I received this morning, Christine Jones is running for Congress in the State of Arizona. Christine is running for the Republican nomination in Arizona’s Fifth Congressional District.
As you may recall, Christine is the former Executive Vice President, General Counsel and Corporate Secretary for GoDaddy, and she had a lengthy career with the company. Christine previously ran for Governor of Arizona, but she lost in the Republican primary election.
I think it will be helpful for Christine’s campaign to emphasize her business experience with GoDaddy. In an email announcement today, here’s what she had to say about her time at GoDaddy:
The DDD.com domain name has been sold by NameFind, a subsidiary of GoDaddy. The domain name was recently acquired by the company in a large portfolio deal, according to Paul Nicks, Vice President of the Aftermarket at GoDaddy. Unfortunately, Paul could not comment on the sale price or any other details per company policy.
According to a Whois update from DomainTools this morning, the domain name recently transferred to a Chinese entity. Jamie Zoch also reported this via Twitter:
Triple repeat, premium 3 letter .com #domain DDD(.)com acquired by Chinese investor from NameFind. Had $500K min offer, SP unknown.
— Jamie Zoch (@yofie) April 30, 2016
Not much of anything is known about this sale. NameFind and GoDaddy do not typically report their sales, and I suspect that this will be the case for this sale as well. In his tweet, Jamie reported that NameFind had a $500,000 minimum offer requirement for this domain name, but I have no idea what the asking price was nor would I venture a guess about the sale price.
From what I could find,
Domain name security is of utmost importance. GoDaddy held a “Blab” this morning discussing domain name security, and I want to share the video below. If you register your domain names at GoDaddy, you should take advantage of the company’s security offerings to make sure your domain names are a safe as possible.
There are several elements that are critical to domain name security (account measures, email account security, social media safety…etc). This video is worth watching when you have a bit of free time. Regardless of where you register your domain names, it is advisable that you learn about the mandatory and optional account security measures and keep your domain names secure.
One of the reasons I use GoDaddy for quite a few of my valuable domain names is because of the security they offer. The company has two factor authentication available for accounts and the company also offers a phone confirmation security protocol to prevent unauthorized domain name transfers and account changes.
GoDaddy will be hosting a free domain name security “Blab” tomorrow (Thursday, April 28), and it might be a good idea to attend, whether you are a GoDaddy customer or not:
RSVP now for our #DomainSecurity #Blab, happening this Thursday at 11:30am ET with @jjstyler and @colbydigital https://t.co/xEuhUGBexn
— GoDaddy (@GoDaddy) April 26, 2016
Joe Styler will be leading the Blab, which begins at 11:30am tomorrow (Thursday). Here’s what Joe told me will be discussed during the hour long discussion:
“We will take about a half hour to go over best practices for keeping your domains safe and secure. We will cover things for all types of users and the focus will be on prevention with some time at the end covering recovery if your domain name is taken. We will have two other people on the call Jessica Hanyen and Chris Patterson who are key members of the team who helps recover stolen names for GoDaddy.”
Some of the other domain name security topics that will be covered include:
GoDaddy seems to have spent considerable sums of money on Google Adwords to advertise domain registration coupon codes. A year or two ago, GoDaddy pretty much stopped issuing coupons to register domain names at below wholesale cost.
Joe Styler, ‎Aftermarket Product Manager at GoDaddy, posted a warning on NamePros about a GoDaddy coupon scam that was brought to his attention. Although he mentioned the NamePros connection, it is important to understand that something like this can happen on any venue or even via spam email targeting domain owners. Here’s how Joe described this coupon scam:
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