{"id":32592,"date":"2025-01-03T23:56:00","date_gmt":"2025-01-03T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=32592"},"modified":"2025-09-24T18:10:53","modified_gmt":"2025-09-24T10:10:53","slug":"verisign-buffett","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/","title":{"rendered":"VeriSign, one of Buffett&#8217;s few long-term tech holding, performance is not that good"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Company_Profile\" >Company Profile<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Introduction\" >Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Company_history\" >Company history<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Initial_Public_Offering\" >Initial Public Offering<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Once_a_glorious_time\" >Once a glorious time<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Its_important_in_1990\" >It&#8217;s important in 1990<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Glorious_past\" >Glorious past<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Companys_main_business\" >Company&#8217;s main business<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Root_server_management_and_domain_name_registration\" >Root server management and domain name registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#A_Monopoly_Business\" >A Monopoly Business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Security_Services\" >Security Services<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Security_Technology\" >Security Technology<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Buffett_and_VeriSign\" >Buffett and VeriSign<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#My_book_about_VeriSign\" >My book about VeriSign<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Key_Shareholders\" >Key Shareholders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Possible_reasons_Buffett_accumulated_VeriSign\" >Possible reasons Buffett accumulated VeriSign<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#The_performance_is_really_not_good\" >The performance is really not good<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#2024_Q3_Financial_Report\" >2024 Q3 Financial Report<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Why_has_it_declined_in_recent_years\" >Why has it declined in recent years?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Capital_market_performance\" >Capital market performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Market_Cap\" >Market Cap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Price-to-Earnings_Ratio\" >Price-to-Earnings Ratio<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Stock_price_performance\" >Stock price performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Stock_Splits\" >Stock Splits<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Postscript\" >Postscript<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_Profile\"><\/span>Company Profile<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span>Introduction<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.verisign.com\/\" target=\"_blank\" rel=\"noopener\">VeriSign (ticker: VRSN) <\/a>is a public company focusing on a variety of network infrastructure services.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_history\"><\/span>Company history<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>VeriSign was spun off in 1995 from RSA.com, a leader in public key encryption technology.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Initial_Public_Offering\"><\/span>Initial Public Offering<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>VeriSign was listed on the NASDAQ Stock Exchange on January 30, 1998.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Once_a_glorious_time\"><\/span>Once a glorious time<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Its_important_in_1990\"><\/span>It&#8217;s important in 1990<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>VeriSign rose to fame during the dot-com boom of the late 1990s as the go-to place to register website domains, controlling domains such as .com, .net, .cc and .name. Registration. It occupies an integral part in the backbone of the Internet.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Glorious_past\"><\/span>Glorious past<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>VeriSign first became famous in the late 1990s, when the Internet was booming. Its stock price more than doubled in the year it went public, and soared nearly 12 times in 1999. Before the Internet bubble burst, on February 29, 2000, VeriSign The stock price reached $253 per day. After more than 20 years, on December 29, 2021, the company&#8217;s stock price returned to US$253 and closed at US$255.93.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Companys_main_business\"><\/span>Company&#8217;s main business<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Root_server_management_and_domain_name_registration\"><\/span>Root server management and domain name registration<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>VeriSign&#8217;s main business includes managing two of the world&#8217;s 13 root servers (A and J), the registration of .com, .net and .name generic top-level domains, and .cc and .tv country code top-level domains, as well as Operation of back-end systems for the .jobs, .gov, and .edu top-level domains. An RFID directory entrusted by EPCglobal, one of the largest SS7 signaling networks in North America.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_Monopoly_Business\"><\/span>A Monopoly Business<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Verisign holds exclusive registration rights for the .com and .net domains. In other words, it has a monopoly on the most popular top-level domains, and this situation isn&#8217;t expected to change anytime soon. The only factor limiting its monopoly is its contract with the Internet Corporation for Assigned Names and Numbers (ICANN). This limits the rate at which it can raise prices for new domains and renewals. To maintain its exclusive rights, all it needs to do is operate critical internet infrastructure and provide uninterrupted Domain Name System (DNS) service.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Security_Services\"><\/span>Security Services<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The company also provides a range of security services, including managed DNS service (MDNS), distributed denial of service (DDoS) protection, and cyber threat reporting.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Security_Technology\"><\/span>Security Technology<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In addition, VeriSign also provides security services such as electronic certificates and payment processing because it has many security technologies. VeriSign also provides firewall management for mobile roaming, digital content downloads on mobile devices, and toll-free telephone database queries. operating projects.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Buffett_and_VeriSign\"><\/span>Buffett and VeriSign<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"My_book_about_VeriSign\"><\/span>My book about VeriSign<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In Section 3-3 of my book  &#8220;<a href=\"https:\/\/www.books.com.tw\/products\/0010935641\" target=\"_blank\" rel=\"noreferrer noopener\">The Rules of 10 Baggers<\/a>&#8220;, I spent an entire section discussing all of Buffett\u2019s technology stock holdings throughout his investment career, including detailed tables of his buying and selling history, shareholding percentages, etc. and analysis. Among them is the protagonist of this article, VeriSign.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Shareholders\"><\/span>Key Shareholders<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Berkshire is very familiar with VeriSign, having first purchased shares of the company more than a decade ago in the fourth quarter of 2012.<\/p>\n\n\n\n<p>Buffett&#8217;s Berkshire Hathaway announced in 2024 and 2025 that it had been increasing its purchases of VeriSign shares since December 2024, causing U.S. stock investors to start paying attention to this Internet company whose stock price has remained almost unchanged for many years.<\/p>\n\n\n\n<p>Berkshire Hathaway began buying VeriSign shares in the fourth quarter of 2012. Berkshire Hathaway currently owns 13.7% of VeriSign&#8217;s outstanding shares, worth nearly $2.7 billion. Berkshire is currently VeriSign&#8217;s largest shareholder.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Possible_reasons_Buffett_accumulated_VeriSign\"><\/span>Possible reasons Buffett accumulated VeriSign <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>One reason that may have prompted Berkshire&#8217;s decision to increase its stake in VeriSign was the company&#8217;s high profit margins.<\/p>\n\n\n\n<p>In the third quarter of 2024, VeriSign&#8217;s gross profit margin was 88.02%, ranking 11th among S&amp;P 500 companies, its operating profit margin was 71.25%, ranking 6th, and its net income margin was 51.54%, ranking 7 digits. All three margin measures improved from a year ago.<\/p>\n\n\n\n<p>VeriSign&#8217;s profit margins were about 56%, according to financial data through the third quarter, ranking it fifth among the most profitable companies in the S&amp;P 500, tied with Nvidia. VeriSign ranks third in operating profit margin and 13th in gross profit margin.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_performance_is_really_not_good\"><\/span>The performance is really not good<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2024_Q3_Financial_Report\"><\/span>2024 Q3 Financial Report<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Here are VeriSign&#8217;s key financial performance numbers for the third quarter of 2024:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue: $391 million, up 3.8% from the same period in 2023<\/li>\n\n\n\n<li>Operating income: $269 million, compared to $254 million in the same period of 2023<\/li>\n\n\n\n<li>Net income: $201 million, compared to $188 million in the same period of 2023<\/li>\n\n\n\n<li>Diluted earnings per share (EPS): $2.07, compared to $1.83 in the same period of 2023<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_has_it_declined_in_recent_years\"><\/span>Why has it declined in recent years?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>VeriSign was very famous in the late 1990s, when the Internet was booming. This was because the Internet was just emerging and the Internet market was booming. VeriSign&#8217;s business was the main one in the Internet, and it was Immediate beneficiary; business is booming.<\/p>\n\n\n\n<p>Because at that time, he did not have many competitors, but today, there are countless companies in the market that can provide most of the services that VeriSign can provide. This result will of course affect the company&#8217;s business performance. And it is reflected in the stock price performance in recent years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_market_performance\"><\/span>Capital market performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_Cap\"><\/span>Market Cap<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of December 26, 2024, VeriSign&#8217;s market value is US$19.6 billion, which is only considered a mid-cap stock in the U.S. stock market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Price-to-Earnings_Ratio\"><\/span>Price-to-Earnings Ratio<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of December 26, 2024, VeriSign&#8217;s P\/E ratio is 23.73 times.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_price_performance\"><\/span>Stock price performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As of December 26, 2024, VeriSign&#8217;s stock:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It has risen by 1.19% since the beginning of 2024.<\/li>\n\n\n\n<li>Over the past five years, it has increased by 5.1%.<\/li>\n\n\n\n<li>Since the company went public, it has risen by 3096%.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_Splits\"><\/span>Stock Splits<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>VeriSign has had two stock splits since its IPO. The most recent stock split occurred on December 7, 1999.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Date<\/th><th>Split<\/th><th>Multiple<\/th><th>Accumulated Multiple<\/th><\/tr><\/thead><tbody><tr><td>1999-12-07<\/td><td>2:1<\/td><td>x2<\/td><td>x4<\/td><\/tr><tr><td>1999-06-01<\/td><td>2:1<\/td><td>x2<\/td><td>x2<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Postscript\"><\/span>Postscript<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Sure enough, VeriSign announced on July 28, 2025, that Berkshire Hathaway would sell approximately one-third of its VeriSign holdings, an investment it began in 2012 and currently valued at over $4 billion.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"72\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2024\/12\/Verisign-Custom.jpg\" alt=\"VeriSign\" class=\"wp-image-32647\"\/><figcaption class=\"wp-element-caption\">credit:wiki<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/\">VeriSign, one of Buffett&#8217;s few long-term tech holding, performance is not that good<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/07\/12\/wix-website-building\/\">Wix, the leading brand of online website building<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/03\/28\/reddit-making-money\/\">Reddit first profitability sent stock rally 2.5 folds<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/\">GoDaddy, world&#8217;s largest hosting platform, snapped the best year of share performance since listing<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/\">How Palo Alto Networks, a rare long-term continuous and stable growth security giant, makes money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/03\/17\/crowdstrike\/\" target=\"_blank\" rel=\"noreferrer noopener\">How perform well and high growing CrowdStrike makes money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/02\/28\/cloudflare\/\">Cloudflare, a rising star in cloud computing infrastructure<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/13\/fastly-outage-stock-soaring\/\">Why Fastly shutdown thousands websites but its stock soaring 11%?<\/a>&#8221; <\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>VeriSign first became famous in the late 1990s, when the Internet was booming. Its stock price more than doubled in the year it went public, and soared nearly 12 times in 1999.<\/p>\n","protected":false},"author":1,"featured_media":32647,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[118],"tags":[868],"class_list":["post-32592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-vrsn"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/32592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=32592"}],"version-history":[{"count":21,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/32592\/revisions"}],"predecessor-version":[{"id":38897,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/32592\/revisions\/38897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/32647"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=32592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=32592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=32592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}