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Forbes' article on GoDaddy's IPO

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No excitement in a Godaddy IPO is what I got from the article.
 
Nameslave, I thought for sure you would have picked up on this statement.

" it manages more than 13 million domain names,
or about 20% of the 86 million domain names on the Web."


Is this new math? I could expect this type of error with USA Today.
But, Forbes???

20% of 86 million is 17.2 million domains.
13 million of 86 million is 15.1%

Wall St. would not tolerate that type of error in a "red herring".

The article is correct that registrars do not make any money from domain registration.
The only way they can make a satisfactory profit would be to sell addons like
hosting, etc.

Or, to auction off your domains when you don't renew them.
 
pop accounts, "advanced dns" blah blah blah.. it all has massive markup on it..
 
I tend to find such articles to be at best entertaining and at worst worthless... Forbes, usa today, etc. should really pay consultants perhaps from the like of dnjournal and others when posting on the domain industry. The kind of error stated above is rediculous for a firm of such bankroll imho.
 
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