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Surely it's a little late for an IPO from GoDaddy. They've been around for a long time, they're already established as a market leader, there'll be little to n
by adwf 12y ago
Surely it's a little late for an IPO from GoDaddy. They've been around for a long time, they're already established as a market leader, there'll be little to no hype.
Forbearing a massive success with the new TLDs that seem to be given out like candy, I can't see any huge growth areas for them to move into. Maybe China, but that's always going to suffer from preferential treatment to incumbent local competition. (If the Chinese allow free DNS registration at all?)
The only way I'm seeing this is that the owners want to sell, but the financials are so bad they couldn't find a private buyer. I'll give it a pass unless anyone knows different?
- bhartzer 12y agoBob Parsons pulled the IPO back in 2006 because of market conditions: http://www.bobparsons.me/archive_article.php?entry_id=121 http://www.bobparsons.me/archive_article.php?entry_id=121
- adwf 12y agoThanks, that at least explains why they're IPO'ing so late. Still not enough to convince me it's a good buy though :)
- josu 12y ago>On July 1, 2011, Go Daddy confirmed that KKR, Silver Lake Partners, and Technology Crossover Ventures had closed the deal. Although the purchase price was not officially announced it was reported to be $2.25 billion, for 65% of the company. [1] That my shed some light on your doubts. [1] http://en.wikipedia.org/wiki/Go_Daddy http://en.wikipedia.org/wiki/Go_Daddy
- thefreeman 12y agoDefinitely not a good purchase. Though they may be a market leader, they are grudgingly so, and most people with experience stay away from them.