With GoDaddy recently going public under the stock symbol “GDDY” it’s not really a big surprise they went out and picked this domain up. Now, the big question is… How much did they pay for it?
SCOTTSDALE, Ariz., April 30, 2015 /PRNewswire/ – GoDaddy Inc. (NYSE: GDDY), the world’s largest technology provider dedicated to small businesses, announced today it has bought the domain name GDDY.com . When visited, GDDY.com takes individuals to GoDaddy’s Investor Relations page, enabling anyone to quickly find out more about the company. Right of the Dot, LLC, a domain name consulting service, helped broker the sale of the name.
“We knew the majority of people typing in GDDY.com would want to know more about the company, so it made sense to get the name and point it to our Investor Relations page,” said GoDaddy Senior Vice President and General Manager, Domains Mike McLaughlin. “There are a lot of companies, large and small, that miss the opportunity to use domain names to make it easy for visitors. The right domain name gets visitors exactly where they want to go, eliminating extra steps and time.”
About 20 percent of the Fortune 500 have their stock ticker as a domain name. Of the nearly 100 domain names, only two use it direct people to their investor relations page. Most have their domain names pointing to their home page.
