GoDaddy Venture Forward 2024 Annual Report | U.S. Edition: A Message From GoDaddy Chief Strategy & Legal Officer Jared Sine
Rhea-AI Summary
GoDaddy has released its 2024 Venture Forward Annual Report, expanding its microbusiness research initiative to four countries: the U.S., U.K., Australia, and Canada. The report analyzes data from over 20 million global online microbusinesses, focusing on their impact on local economies.
The research highlights entrepreneurs' resourcefulness in adopting new technologies like Generative AI, and their resilience in running businesses with typically fewer than 10 employees. The initiative aims to provide insights about where and how business owners are growing their ventures, their motivations, challenges, and demographics.
The report emphasizes these entrepreneurs' contributions to local economies through job creation and community impact, with GoDaddy's mission focusing on making opportunity more inclusive for all.
Positive
- Research expansion to four major markets (U.S., U.K., Australia, Canada)
- Large data set covering over 20 million global online microbusinesses
- Strategic focus on growing small business segment
Negative
- None.
News Market Reaction
On the day this news was published, GDDY declined 1.02%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NORTHAMPTON, MA / ACCESSWIRE / December 13, 2024 / GoDaddy
As originally published by GoDaddy's Venture Forward research initiative
We love to celebrate entrepreneurship, and this report highlights GoDaddy's deep connection with small and microbusiness owners. We're there from the start of their journey, supporting millions of entrepreneurs from the moment they launch their business idea.
This year, GoDaddy's microbusiness research initiative, Venture Forward, expanded to four countries, to provide exclusive data on the presence, contributions and mindset of entrepreneurs across the U.S., U.K., Australia and Canada. Our goal is to widely share our insights so others can join GoDaddy in supporting and advocating for entrepreneurs.
In this 2024 edition of our annual Venture Forward report, you'll find insights on where and how these business owners are starting and growing their ventures, as well as who they are - from motivations and goals to challenges and demographics.
One thing is clear: these entrepreneurs are resourceful. Running small businesses with typically fewer than 10 employees means they must embrace new opportunities and tools, such as Generative Al to grow and compete.
They are also resilient. They bet on themselves in all economic conditions,
contributing to their local economies, creating jobs and supporting households with their ambition and drive.
We share their optimism, especially as our data reveals their outsized impact on communities and job creation. By uncovering and publicizing data about entrepreneurs, it is our hope other stakeholders will leverage this research to help - as GoDaddy's mission states - make opportunity more inclusive for
all.
GoDaddy Venture Forward 2024 Annual Report | U.S. Edition
This report is powered by the latest data from Venture Forward, GoDaddy's research initiative to quantify the presence and impact of over 20 million global online microbusinesses on their local economies, while shining a light on the entrepreneurs behind them.
We're here to support entrepreneurs.
Contact GoDaddy Venture Forward at VentureForward@GoDaddy.com
View additional multimedia and more ESG storytelling from GoDaddy on 3blmedia.com.
Contact Info:
Spokesperson: GoDaddy
Website: https://www.3blmedia.com/profiles/godaddy
Email: info@3blmedia.com
SOURCE: GoDaddy
View the original press release on accesswire.com
FAQ
What are the key findings of GoDaddy's (GDDY) 2024 Venture Forward Report?
How many microbusinesses does GoDaddy's (GDDY) Venture Forward research cover in 2024?
Which countries are included in GoDaddy's (GDDY) 2024 Venture Forward research?
What is the typical size of businesses analyzed in GoDaddy's (GDDY) 2024 Venture Forward report?
