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Old 05-13-2006, 09:10 PM
triumph triumph is offline
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Default GoDaddy Going Public?

I have heard a rumor that GoDaddy will be going public. They have not made an official announcement, but supposedly they have already contacted a company to organize their IPO.

Any thoughts on this? Do you think it will matter to their business?
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Old 05-14-2006, 12:02 PM
Klaas Koopman Klaas Koopman is offline
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What do you mean going public? I don't understand what you mean...

And where did you get this rumor from?
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Old 05-15-2006, 03:17 AM
FatalityShard FatalityShard is offline
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yes what do you mean by public? I'm totally lost...
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Old 05-15-2006, 06:27 PM
Slashmire Slashmire is offline
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Well unless I'm mistaken, the term 'going public' means that Shares will be available to buy...but I though these were already available...
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Old 05-16-2006, 12:28 AM
triumph triumph is offline
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Going public means they go from being a privately owned company to a public one that trades on a public stockmarket. Basically what they do is create stock for the company and then sell a percentage of the shares to the public to raise money for the business and the current owners/investors.

Any company on the New York Stock Exchange, NASDAQ, The London Stock Exchange, for example are public companies.

Right now Go Daddy is privately owned. Now is your chance to own a piece of Daddy.
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Old 05-16-2006, 07:20 PM
Green Diva Green Diva is offline
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Hey thanks for the heads up on this one. I don't actually use GoDaddy but IPO's are a fantastic way to make a few bucks. Just be careful b/c the big bang usually ends quickly.
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