Forgot your password?
typodupeerror
Businesses

GoDaddy Files For $100 Million IPO 110

Posted by Unknown Lamer
from the if-at-first-you-don't-succeed dept.
mpicpp (3454017) writes with news that GoDaddy has filed to make an initial public offering "This is the second time GoDaddy has tried to go public. It went this route back in 2006, but then backed out when it didn't get the pricing it wanted." The SEC Filing indicates that they are not in the greatest financial condition. Quoting CNN: "GoDaddy hasn't made a profit since 2009. The company lost $279 million in 2012. It bled another $200 million last year. This year doesn't look much better, with another $51 million lost in the first quarter." Founder Bob Parsons, currently executive chairman, will be stepping down but remaining on the board of directors.
This discussion has been archived. No new comments can be posted.

GoDaddy Files For $100 Million IPO

Comments Filter:

"There are things that are so serious that you can only joke about them" - Heisenberg

Working...