‘Domain Giant GoDaddy Files for an IPO’ – Re/code
The latest post on ‘Re/code’ is titled “Domain Giant GoDaddy Files for an IPO”.
Kara Swisher says, “GoDaddy, the Internet domain hosting and registrar company, filed its S1 with the Securities and Exchange Commission today for an initial public offering.
The move for the Scottsdale, Ariz.-based company comes three years after it was acquired by several private equity firms for over $2 billion, after abandoning IPO plans nearly a decade ago. Since then, it has hired former Yahoo exec Blake Irving as its CEO and has been on an acquisition spree to solidify its range of offerings to small and medium businesses.
In the filing, GoDaddy said it was raising $100 million, but that amount is likely to be larger”.
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