Fortune: “GoDaddy is going public”
According to an article on Fortune that was published this afternoon, GoDaddy has reportedly filed its paperwork for an IPO. This is the second time the company filed to go public, although the company later opted against it.
I don’t have much to add about this at this point, but I think this is going to be a positive event for the domain space, as it will surely get people in the finance space more interested in learning about the domain name space. In my opinion, outside investment is one thing that has lacked in this business, and having more attention paid to domain names may prove to be a big positive for domain investors.
I look forward to reading articles about the IPO filing as well as subsequent reports about the company. Oftentimes, we learn quite a bit about a company’s business once it files for an IPO, and I assume we will learn much more about GoDaddy in the coming days. For example, recorded $1.1 billion in revenue in 2013 and it has 12 million customers (according to Business Insider).
I am sure there will be much more news, analysis, and information coming out soon. If you would like to read more news about the GoDaddy IPO filing, you should check out these reports that were just published.
If you read something interesting about the company or the domain space as a result of this filing, please let me know!
Reach out to Elliot: Twitter | Google + | Facebook | Email