IPO in Go Daddy’s Future? CEO Gives a Hint

Add Your Comments

(The Hosting News) – Nearly a year after a partnership buyout from private equity firms Silver Lake and KKR, an IPO for top domain registrar Go Daddy hasn’t been ruled out.

The news arrived as Go Daddy CEO Blake Irvin provided an interview with The Wall Street Journal.

“It’s not off the table. We’re growing at double digits [in terms of percentage] on the customer side, on revenue, on earnings, so the opportunity for us to have an IPO is quite good. The board is quite supportive of taking that direction, if that’s what we want to do,” Irving commented in the report.

A plan to go public was previously in the works around 2006. That, however, was nixed.

Irving, meanwhile, touched on some other intriguing areas including new TLDs approved via ICANN. “The new domains are going to be viewed as an opportunity to have a better presence on the Web. We’ll see a resurgence—not a gold rush, because that implies scarcity—but businesses will want to get names that matter to them, specific names,” Irvin told the Journal.

Other topics discussed included the company’s racy Super Bowl ads, globalization plans and even the CEO’s commute to work (Irving lives San Luis Obispo, California; Go Daddy is based in Scottsdale, Arizona).

Blake Irving was appointed to Go Daddy’s top spot back in December. Before arriving at the web host, he served a long career with Microsoft.

IPO in Go Daddy’s Future? CEO Gives a Hint

Add Your Comments

You must be logged in to post a comment.