DemandMedia Files Amended Prospectus, Now Looking To Raise $138 Million & Prices Its IPO

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According to the New York Times, Demand Media in an amended prospectus with the SEC yesterday.

In the document, Demand Media says it hopes to raise $138 Million dollars and price its shares between $14-$16 a share.

At the mid point of $15 a share the company would have a market value of about $1.25 billion.

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.

Comments

  1. 5D.TV says

    It wouldn’t take much for someone with a couple-million extra bucks to step into DM’s space and make an impact…it ain’t rocket science.

    – TBC

  2. PoleShift.TV says

    Since we’ve already grabbed the domains we want, I’ll announce this to the crowd:

    Over the past week there has literally been a parabolic spike in the number of searches for the term “pole shift” on the various search engines. There are a few domains left in that search term for those who are interested.

    – TBC

  3. MHB says

    I think it would take a company with a little more than a couple of million dollars to step into the space, it may not be rocket science but its also not that cheap

    Look at the S1 of Demand they have spent and lost a ton of money

  4. 5D.TV says

    Sure, it would take a while to scale-up, but this would be an INCREDIBLY easy space to step into with, relatively speaking, limited financial resources (less than $2-million) and a solid business plan. Frankly, I’ll be shocked if we don’t hear some announcement later this year of a well-capitalized competitor, plus a few smaller players diving head-first into this arena, especially if DM’s IPO goes well.

    Off topic, but got word yesterday that searches for the term “Pole Shift” have gone parabolic on the search engines. I’ve picked up the “Pole Shift” domains that we want…there are still a few ccTLD’s left.

    – TBC

  5. trd says

    Pole shift? it is a temporary spike in news and how do you make money selling pole shifts? not much value in those types of domains unless you plan to build some sort of scientific page. in a month no one will care about the shift.