{
  "docId": "019dd923-622b-71dc-a6da-445b33693744",
  "docSlug": "fd00a6c24ffe",
  "documentTitle": "GoDaddy Inc. (GDDY)",
  "authorId": "03_Starboard_Value",
  "authorName": "Peter A. Feld",
  "documentKindSlug": "shareholder-letter",
  "documentKindLabel": "Shareholder letter",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2023-09-12 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 1,
  "pageCount": 8,
  "prevPage": null,
  "nextPage": 2,
  "slideType": "executive_summary",
  "function": "frame_situation",
  "density": "balanced",
  "nDataPoints": 1,
  "notes": "This is the first page of a shareholder letter from Starboard Value to GoDaddy.",
  "elementsJson": [
    "paragraph",
    "logo_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": "https://imgproxy.kitesheet.com/coAE-HMX5gjXCorKYDOI6jPpM3BSiDb_cZvs1RxtKXA/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mZDAwYTZjMjRmZmUvcDAwMS5qcGc",
  "slideHref": "/slides/019dd923-622b-71dc-a6da-445b33693744/1",
  "deckHref": "/decks/019dd923-622b-71dc-a6da-445b33693744",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6da-445b33693744.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-445b33693744#slide-1",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Unfortunately, despite each of these opportunities remaining, over the last 18 months we have been disappointed by GoDaddy's operational, financial, and stock price performance.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-78b7-702e-9638-585b7191077f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.3,
        "x": 0.35,
        "y": 0.05
      },
      "kind": "image",
      "text": "Starboard Value logo",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5694c366-df43-4ee5-b8d1-d0b69ff95be5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.5,
        "x": 0.15,
        "y": 0.15
      },
      "kind": "paragraph",
      "text": "September 12, 2023. GoDaddy Inc. 2155 E. GoDaddy Way, Tempe, Arizona 85284. Attn: Aman Bhutani, Chief Executive Officer; Brian Sharples, Chair. cc: Mark McCaffrey, Chief Financial Officer; Board of Directors.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "412f54ae-94f3-415f-a1d3-9bc1e012c1ab",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.7,
        "x": 0.15,
        "y": 0.35
      },
      "kind": "paragraph",
      "text": "Dear Aman and Brian, As you know, Starboard Value LP... has been an investor in GoDaddy Inc. since 2021. Starboard currently beneficially owns approximately 7.8% of the outstanding common stock of GoDaddy...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "85d2ce3c-9869-480d-8562-3b492d066bae",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 2,
      "from": 1,
      "beatId": "add3e704-3814-49d4-b2e8-314b53bd288d",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Situation & Context",
      "beatSlug": "consultants-gambit-situation-context",
      "evidence": "The executive summary and expose contradiction slides set the context",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Setup",
      "parentBeatSlug": "setup"
    }
  ],
  "loops": [],
  "imagePathAlt": "https://imgproxy.kitesheet.com/_vxePweHpqrTsei3ssmjuPlM9S_wB1QxxWgo0IIfyaM/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mZDAwYTZjMjRmZmUvcDAwMS5wbmc",
  "thumbSrc": "https://imgproxy.kitesheet.com/Y2WHbqMv4UkrhtW4c8ujrNP1BhRvQKk60wBTnZO4DT0/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mZDAwYTZjMjRmZmUvcDAwMS5qcGc",
  "thumbSrcAlt": "https://imgproxy.kitesheet.com/43QyN08fHFMR87bXrB11jb8uL_nByYhHyA1sB4PBJ2Y/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mZDAwYTZjMjRmZmUvcDAwMS5wbmc"
}