{"id":447,"date":"2015-03-19T08:55:54","date_gmt":"2015-03-19T12:55:54","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=447"},"modified":"2015-03-19T09:01:55","modified_gmt":"2015-03-19T13:01:55","slug":"godaddy-terms-set-ipo-scheduled-for-april-1st","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/godaddy-terms-set-ipo-scheduled-for-april-1st\/","title":{"rendered":"GoDaddy Terms Set, IPO scheduled for April 1st"},"content":{"rendered":"

It’s not an April Fool’s joke–GoDaddy<\/strong><\/a> will debut on April 1 on the NYSE.<\/p>\n

The terms value the company at $2.87 billion if priced at the high end of the range. Private equity firms paid around $2.25b in 2011 for the company and numbers have boosted but a large amount of debt still remains on the balance sheet–$1.4 billion.<\/p>\n

GoDaddy, with its racy commercials and high profile, will not have a problem putting itself out there for investors. Performance, on the other hand, may be an issue.<\/p>\n

Although $GDDY is the leader in domain registrar, this article says the crowded space and sizable debt<\/strong><\/a> is enough of a red-flag to keep investors away.<\/p>\n

How GoDaddy will market their business on the roadshow will be a key item to watch as well as what company it will be compared to. The NY Post wrote an article s<\/strong>aying GoDaddy may want investors to use an analogy<\/strong><\/a> to NetFlix when valuing the company.<\/p>\n

GoDaddy, during the road show, is expected to compare itself within the web-hosting space to Netflix\u2019s position in the video streaming game \u2014 and not to rivals Web.com Group or Endurance International Group, sources said.<\/p><\/blockquote>\n

High profile IPOs in recent years have had a mixed bag of results. Alibaba (NYSE: BABA)<\/strong> opened 34% higher than its offering price last year, traded higher for awhile and remains 25% above the IPO price. GoPro (Nasdaq: GPRO)<\/strong> opened 24% higher and traded 310% higher within months. On the other hand, deals like Facebook (Nasdaq: FB)<\/strong>, Groupon (Nasdaq: GRPN)<\/strong> & King Digital (NYSE: KING)<\/strong> took their lumps upon when debuting.<\/p>\n

For a look at GoDaddy’s financials, refer to a past post<\/strong><\/a> on this deal.<\/p>\n

“GoDaddy will no doubt receive its fair share of attention,” senior research analyst at IPOBoutique.Com, Jeff Zell, said. “I am interested to hear GoDaddy’s pitch to investors during the road-show. If they want to be valued with a different metric aside from typical domain registrar’s, they will need to ‘wow’ wall street.”<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

It’s not an April Fool’s joke–GoDaddy will debut on April 1 on the NYSE. The terms value the company at $2.87 billion if priced at the high end of the range. Private equity firms paid around $2.25b in 2011 for the company and numbers have boosted but a large amount of debt still remains on[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[183,243,157,123,245,246,244],"class_list":["post-447","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-baba","tag-fb","tag-gddy","tag-gpro","tag-grpn","tag-king","tag-nflx"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=447"}],"version-history":[{"count":4,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/447\/revisions"}],"predecessor-version":[{"id":451,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/447\/revisions\/451"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}