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Actually, it sounds like GoDaddy simply doesn't make money. "The company lost $143 million last year. Granted that's less than the $200 million it lost in 2013
by kaishiro 11y ago
Actually, it sounds like GoDaddy simply doesn't make money.
"The company lost $143 million last year. Granted that's less than the $200 million it lost in 2013, and the $279 million lost in 2012 -- but GoDaddy admits it hasn't turned a profit since 2009..."[1]
[1] http://www.zdnet.com/article/godaddy-ipo-to-value-company-at-2-87-billion-but-profit-concerns-emerge/ http://www.zdnet.com/article/godaddy-ipo-to-value-company-at...
- davidandgoliath 11y agoThe 1.5 billion in debt is sort of brutal too. Either way, not my favorite provider. (I admit bias though, as I run a competing hosting co.)