• GoDaddy’s IPO Could Value the Company at Up to $2.87 Billion

     

    http://www.entrepreneur.com/article/244128Web hosting company GoDaddy Inc’s initial public offering is expected to value the company at up to $2.87 billion and comes at a time when there has been a steep fall in the number of companies going public in the United States.

    Only two technology companies have gone public this year including online data storage provider Box Inc, whose shares have dropped about 27 percent since their debut in January. GoDaddy’s offering of 22 million class A shares is expected to be priced between $17 and $19 per share, and raise up to $418 million, the company said in a regulatory filing on Thursday. Read more…