Company picked up about 300,000 domain names for $50 million.
Last month GoDaddy (NYSE:GDDY) bought two domain name portfolios: Donuts’ portfolio of about 200,000 domains and a portfolio linked to Kevin Ham that had about 100,000 domain names.
The company disclosed in its latest 10-Q filing with the SEC that it paid $50 million combined for these domains:
In October 2017, we completed two domain portfolio acquisitions for aggregate cash consideration of $50.0 million, including $4.2 million payable upon expiration of the contractual holdback periods.
That comes out to about $167 per domain name.
The filing does not break down how much was paid for each portfolio, nor do I expect any future filings to contain this information.
Source
Last month GoDaddy (NYSE:GDDY) bought two domain name portfolios: Donuts’ portfolio of about 200,000 domains and a portfolio linked to Kevin Ham that had about 100,000 domain names.
The company disclosed in its latest 10-Q filing with the SEC that it paid $50 million combined for these domains:
In October 2017, we completed two domain portfolio acquisitions for aggregate cash consideration of $50.0 million, including $4.2 million payable upon expiration of the contractual holdback periods.
That comes out to about $167 per domain name.
The filing does not break down how much was paid for each portfolio, nor do I expect any future filings to contain this information.
Source
