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04|15|2010 09:50 pm EDT

Demand Media Investigating IPO with the help of Goldman Sachs

by Frank Michlick in Categories: News

According to an article in the Financial Times, Demand Media has hired Goldman Sachs to explore an initial public offering. The company, founded by the former chairman of Myspace, Richard Rosenblatt, owns registrars eNom, BulkRegister, parking company Hotkeys and operates the NameJet drop catching site in partnership with Network Solutions. Aside from owning a domain portfolio, which includes a large number of expired domain names, the company also runs a user generated content production service called Demand Studios. The content is then published on Demand’s websites, such as eHow. The company’s freelance workers produce about 4,000 video clips and articles per day.

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2 Comments

Patricia Kaehler

April 16, 2010 @ 9:22 am EDT

How long does it usually take to investigate and complete
an IPO evaluation ??

Anyone know…

~Patricia Kaehler – DomainBELL

Stephen Douglas

April 17, 2010 @ 6:11 am EDT

Yeah, smart move. Get G-S involved in doing your biz, cuz they’re doing all of ours, and I mean “doing us” as in we’re being “did” by G-S.

I kinda wished I never watched “Capitalism: A Love Story”. When I think of financial meltdowns, greed, middle class suffering, greed, GWBush cronyism, greed, takeover of the U.S. govt from the inside, and greed, I think G-S, thanks to this movie.

Anyone else get this?

I wonder what the best “survivalist” investment is? As in, when the vacuum of Wall Street money invested in “air” sucks us all into the vortex of complete ruin and the resulting consequences of that, what’s our ‘safety valve’?

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