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TheDomains.com

Art.com Build On Category Killer Domain Planning On Going Public in 2014; Godaddy May Not Be Far Behind

December 10, 2013 by Michael Berkens

USAToday.com, is reporting that Art.com, a leading online seller of prints, posters, frames and canvas, is discuss plans for a possible initial public offering (IPO) next year

If Art.com’s IPO plans work out, it will likely try to go public toward the end of 2014.

“A surge in Internet stocks this year and the successful Twitter IPO has many private technology companies raising money or mulling a public listing. Alibaba, the giant Chinese e-commerce company, is expected to go public in the U.S. next year, while other companies including Box and GoDaddy have either hired banks to advise on an IPO or expressed interest in pursuing a listing.”

Like GoDaddy, Art.com has been around for many years by Internet standards.

Art.com was founded in the late 1990s and was rumored to be interested in an IPO in 2007, but the 2008 financial crisis likely quashed those aspirations.

In early 2010, the company announced record annual profit for 2009 on sales of more than $140 million. It calls itself “an ambitious pre-IPO company,” in the careers section of its website.

Art.com investors include venture capital firms Polaris Partners and Benchmark.

Polaris first invested in Art.com in 2004.”

Filed Under: Publicly Traded Domain Co

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. Aron Meystedt says

    December 10, 2013 at 12:07 pm

    Great example of taking a top-tier category-leading domain name and developing it into a solid business.

    A fully dedicated effort + a category leading name to boost credibility, authority status, traffic and customer recall = big things can happen.

    Thanks for sharing.
    Aron

  2. ::::: QuickFlipp ::::: says

    December 10, 2013 at 3:01 pm

    yes. great domain … and lucky owner

  3. Domo Sapiens says

    December 11, 2013 at 9:14 am

    What…..!!!

    A multimillion IPO and Business Venture build around a Dying Extension ? a Near Corpse ?
    a Future AM Radio?

    I guess they haven’t heard…


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