2005 Super Bowl Commercial
Go Daddy Group could raise over $100 million with an IPO

Go Daddy is ready to “Go Public” and has enlisted the help of Lehman Brothers to manage its initial stock offering. The IPO is expected to bring in more than $100 million to Go Daddy Group Inc.

Research firm BMO Nesbitt reports that is the largest domain name registrar on the web with an estimated portfolio of 9 million domains names. Back in 2002, the company hadn't even cracked the 2 million mark.

The recent interest in blogs and the large spike in personal websites has bolstered Go Daddy's tremendous growth. Recent reports show that the number of blog sites (which more often than not require a private domain name) are doubling every six months. MarketWatch reports:

Judging by the company's current market share and the pricing of its products and services, Go Daddy Group probably generates about $200 million in annual revenue, according to Andrew Schroepfer, president of Tier 1 Research. The firm's revenue jumped to $75.68 million in 2004 from less than $1 million in 2000, according to accountancy firm Deloitte & Touche, which ranked the company as the 20th fastest-growing technology company in a 2005 survey.

Many people got their first taste of with their risqué 2005 Super Bowl ad which featured a buxom brunette in some rather revealing attire. The commercial was canned after just one airing – what a shame.

"We’re Apple. We don’t wear suits. We don’t even own suits." -- Apple CEO Steve Jobs

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