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How to get a GoDaddy promotional discount?

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My question is: How to get a GoDaddy promotional discount?.

My 2nd question is: Just out of curiosity a friend of mine is considering launching a publicly traded company who only buys sells parks develops domains. Thats it maybe a cross between a CNET and NameMedia. Here is the question.

How may people here would be willing to invest Pre IPO into a company like this.

Her plan is to put in about 1500-2500 of her own domains/sites that are earning about 200k-250k a year parking. All owned none financed with the intent of raisng 5 million dollars by selling up to 5 million shares at $1 each then taking the company public at a price higher than that. (comapny earnings would be .04 a share with 5 million shares) The cash would be used to purchase additional quality domains. She has considered this for a while but is unsure of what the demand would be pre ipo.

Not asking for investors or comitments or anything just post if it is something you would be interested in so she can guage it..

Comments (4)

Your question was: How to get a GoDaddy promotional discount?.

Public companies require audits, internal controls, board of directors. Annual revenue forcast, if you forcast your revenue to be $200k/year. Your company is not going to go public with the SEC.

You need to have millions in revenues/year. What about profit?.

Its too small of a company. I think your friend needs to form an llc and sell stake in the company and if it grows. But I don't the parking businesses will grow to millions in profit. SEC requirements are tough.

You need to be a certain size to list on stock exchange...

Comment #1

If he sells a stake, he can only sell to Accredited Investors - with a liquid cash value > $1M..

Comment #2

I'm very familiar with taking companies public. The amount of money you are talking about here are pennies,.

$5MM can be raised in a heartbeat.

This idea looks like one to keep privately. As someone stated previously, in order to go public you'll be "public" - all your financials and everything associated.

Additionally, start-ups are just that. Only established companies go through the process to become publicly traded.

I like your thinking - keep aiming high. I just wanted to bring a little bit of investment banking knowledge into the mix...

Comment #3

How much does your friend makes in a year from selling domains? Your earnings numbers incomplete. If going by parking revenue alone, Raising 5 mil on earnings of 250k a year, means we're paying 20 times the earnings. Seems pretty high to me...

Comment #4


This question was taken from a support group/message board and re-posted here so others can learn from it.

 

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