According to a report in the New York Post, it looks like GoDaddy Inc. will launch its IPO “early next year.” No doubt, the timing is certainly good for a cloud-based deal. Yet a GoDaddy IPO may face some headwinds.
First of all, let’s get a background on the company: Founded in 1997, GoDaddy is one of the pioneers of domain registration and web hosting. To deal with the intense competition and rapid commodization, the company wisely pursued an aggressive marketing strategy, which included salacious commercials. Some of them were during the Super Bowl. Read