26 Jul '13, 1am

Bloomberg – Go Daddy Mulling Going Public

Go Daddy Operating Co., the website registration and hosting company known for its salacious Super Bowl commercials, may sell shares to the public as early as next year, Chief Executive Officer Blake Irving said. The Scottsdale, Arizona-based company is on track to generate $1.43 billion in revenue this year, and may reach $5 billion annually within the next two to three years, Irving said in an interview yesterday. Sales are surging as more small companies turn to Go Daddy for Web-hosting as well as online services like bookkeeping and payments, he said. Go Daddy could ride a wave of successful initial public offerings from Web-based technology companies, including human-resources software maker Workday Inc. (WDAY) , data visualization company Tableau Software Inc. (DATA) and information technology management software provider ServiceNow Inc. (NOW) “There would be strong ...

Full article: http://morganlinton.com/bloomberg-go-daddy-mulling-going-...

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