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  "documentTitle": "Multiple (GoDaddy, News Corp, Fortrea) (GDDY, NWSA, FTRE)",
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  "presentationDate": "2023-10-13 00:00:00",
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  "notes": "The chart highlights GoDaddy (GDDY) in red to emphasize its underperformance relative to the median.",
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      "text": "As a result of poor execution and missed commitments, GoDaddy’s combination of growth and profitability is at the low end of its peer group.",
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      "text": "CY2023E Revenue Growth + EBITDA Margin – Moderate Growth Technology Companies with Recurring Revenue",
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      "text": "Source: Company filings, Capital IQ, Bloomberg. Market data as of 10/13/23. Note: Starboard believes that the companies above provide appropriate peer comparisons.",
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      "text": "Today, GoDaddy's Combination of Growth + Profitability Compares Poorly to a Broader Set of Scaled Technology Peers",
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