GoDaddy sold

[keith smith]

Of course Godaddy is going to show rapid growth in the early years.  They were selling domains for $8.95 while everyone else was selling domains for $40.00.  I bought one at $40.00 and later began buying lots of domains at $8.95 - so many I had to let some go ... half of them.

------------------------

Keith Smith

--- On Mon, 7/4/11, Bryan O'Neal <Bryan.ONeal at TheONealAndAssociates.com> wrote:

From: Bryan O'Neal <Bryan.ONeal at TheONealAndAssociates.com>
Subject: Re: GoDaddy sold
To: "Main PLUG discussion list" <plug-discuss at lists.plug.phoenix.az.us>
Date: Monday, July 4, 2011, 10:35 PM

What I remember was the real estate crash was in the late 80's (87ish
once they cut the accelerated depreciation tax credits) and the .com
bubble had started in the early 90's (it was thick by 94 and raging
out of control burst by late 90's (98 - 99) but we did get the Nasdaq
push for the mom and pop speculators as late as 2001. But I was still
young and partially insulated in the 80's.
But in any case Godaddy.com reported a 25% increase in sales the year
after the recent bust, so it seems the economy is not hurting them.
http://www.maximumpc.com/article/news/its_official_godaddy_partners_225_billion



On Mon, Jul 4, 2011 at 10:16 PM, Kevin Brown <kevin_brown at qwest.net> wrote:
>> Re the economy: Likely it increases sales. People are looking to make
>> money, start new businesses, expand the current business,
>> etc. Plus people who get laid off have time. For $3/Mo. you can start a
>> / put your business on online. Remember the last .com
>> boom happened after the economic crash of the late 80's.
>
> The Internet bubble was nearly a decade AFTER the 80s. It wasn't until the
> late 90s that it shot up and burst shortly thereafter.
>
> Yes, the websites are cheap, but that doesn't make the rest of the business
> cheap. You still have to have product to sell, packages to ship it in, deal
> with credit cards and other forms of payment as well as refunds/returns...
> Plus you have to get known for the product you are selling (Either via
> Advertising or by linking up to someone bigger, like Ebay or Amazon).
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