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  "documentTitle": "GoDaddy Inc. (GDDY)",
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  "authorName": "Peter A. Feld",
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      "text": "We believe providing a target of at least 40% growth plus profitability for FY2025 would be in-line with peer targets and timelines and should be readily achievable through a reasonable acceleration in revenue growth and meaningful margin expansion.",
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      "text": "Furthermore, we would like to see detailed commentary on both growth and margin outlooks. We would again urge GoDaddy to be prudent with its growth guidance and not provide guidance that is based on an aspirational view of the business.",
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      "text": "At the 2024 Investor Day, we believe GoDaddy should, at a minimum, commit to consistent improvement in its combination of growth and profitability. We believe providing a target of at least 40% growth plus profitability for FY2025 would be in-line with peer targets.",
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      "text": "Source: Capital IQ, Bloomberg, Starboard estimates. Market data as of January 26, 2024.",
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      "text": "Price / CY2024E FCF – Moderate Growth, High Recurring Revenue Technology Companies",
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