Wednesday, December 29, 2021

g-f(2)769 THE BIG PICTURE OF THE DIGITAL AGE (12/29/2021), WSJ, Starboard Takes 6.5% Stake Worth Around $800 Million in GoDaddy


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"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageDigital Transformation, Investments (12/29/2021)  g-f(2)426 


Lessons learned, WSJ 


  • Activist investor Starboard Value LP has a sizable stake in GoDaddy Inc. and plans to push the domain registrar to boost its performance.
  • Starboard controls a roughly 6.5% stake in the company worth around $800 million, according to people familiar with the matter. While the hedge fund’s exact plans couldn’t be learned, Starboard typically pushes the companies it invests in to boost profit margins or improve performance in other ways and often seeks seats on their boards.


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Make a Different Future | GoDaddy Commercial






References




ABOUT THE AUTHORS


Cara Lombardo



Cara Lombardo is a reporter covering M&A for The Wall Street Journal in New York. She and her colleagues have broken several of the largest deals including United Technologies' $86 billion merger with Raytheon and AbbVie's $63 billion purchase of Allergan.

She joined the Journal in 2017 and previously covered activist hedge funds, the beverage industry and breaking news. As an intern with the Milwaukee Journal Sentinel’s investigative team, she broke news about a jail inmate dying of dehydration that gained national attention and prompted criminal convictions.

She previously worked as a CPA auditing banks and asset managers. 

She has undergraduate and master’s degrees in accounting and a master’s degree in journalism, all from the University of Wisconsin-Madison. 




Extra-condensed knowledge



Lessons learned, WSJ


  • In addition to selling domain names, Tempe, Ariz.-based GoDaddy hosts websites and sells other web services to businesses. Its shares haven’t done much over the past three years and closed Dec. 23 at $76 apiece, giving the company a market value of around $12.7 billion.

GoDaddy Complete Online Business Solution | Sports Shop






Condensed knowledge




Lessons learned, WSJ 


  • GoDaddy was founded in 1997 by Bob Parsons and became known for its provocative advertising, including Super Bowl commercials and spots featuring race-car driver Danica Patrick. The company was sold to private-equity firms KKR & Co., Silver Lake Partners and Technology Crossover Ventures in 2011.
  • By the time the private-equity firms took it public in 2015, GoDaddy was remaking its image to attract entrepreneurs and emphasize products beyond web addresses, such as e-commerce tools. 
  • Starboard has invested in other domain-registry companies, including Web.com Group Inc., which was taken private in 2018 for around $2 billion, and a similar company Web.com had combined with years earlier

Your Idea is Waiting to Be Seen - GoDaddy Commercial







Some relevant characteristics of this "genioux fact"

  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from WSJ]
  • This is a “genioux fact fast solution.”
  • Tag Opportunities those travelling at high speed on GKPath
  • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
  • Type of validity of the "genioux fact". 

    • Inherited from sources + Supported by the knowledge of one or more experts.


References


“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)769, Fernando Machuca, December 29, 2021, blog.geniouxfacts.comgeniouxfacts.comGenioux.com Corporation.


ABOUT THE AUTHORS


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts"The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.



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