Leveraged Buyout (LBO) city, baby! Prediction: a firm like KKR or Carlyle buys G... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

luffy on Sept 11, 2010 | parent | context | favorite | on: Godaddy.com up for sale. Could fetch $1 Billion

Leveraged Buyout (LBO) city, baby!

Prediction: a firm like KKR or Carlyle buys GoDaddy and borrows a bunch of money (> $10B ?) on the cheap, and then uses GoDaddy's revenue to service the debt.

loganfrederick on Sept 11, 2010 [–]

Why would KKR need to borrow $10B? They could get away with $1B, and probably less than that if they use some cash.

brc on Sept 11, 2010 | [–]

That's easy to answer : they don't like using their own cash.

The returns are infinite if you don't use any of your own money.

Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact