GoDaddy says “It’s Go Time” for IPO.
GoDaddy has filed its S-1 with the Securities and Exchange Commission.
This will be the company’s second attempt at an initial public offering. It originally filed to go public in 2006, but later shelved its plans.
The company found another way to exit in 2011 when it found an investor in KKR, Silver Lake, and Technology Crossover Ventures.
Parsons remained the individual single shareholder in the company after the investment.
The company brought in ex-Yahoo and Microsoft exec Blake Irving as CEO at the beginning of last year.
More to come…
DNPric.es says
Every fund has to be closed.
As the clock is ticking, now, the pressure to exit GoDaddy is piling. Not sure the domainers will stick.
Stock tip: do not buy, or rather do not hold for long.