GoDaddy Slows Its IPO Roll Internet hosting company GoDaddy still plans to go public. Just not this year.

By Dan Primack

This story originally appeared on Fortune Magazine

Internet hosting company GoDaddy on Monday updated its IPO registration with all sorts of promising financial financial data. Through the first nine months of 2014, the Scottsdale, Ariz.-based company showed improvements in year-over-year revenue ($825m vs. $1.02b), customers (11,196 vs. 12,452) and EBITDA ($155m vs. $215m). Plus net loss decreasing from $134 million to $116 million.

The one thing we didn't see, however, were IPO terms.

GoDaddy originally filed its S-1 on June 9, with all intentions of pricing in 2014. But word is that the private equity-backed company now has pushed back its listing plans until sometime in early 2015.

Factors cited in the delay include Alibaba going public one month later than expected (GoDaddy wanted that massive offering out of the way) and the recent public market troubles of competitor Web.com, which saw its share price fall from $36.72 on March 3to just $15.40 on Nov. 3.

GoDaddy shareholders include KKR, Silver Lake and Technology Crossover Ventures. It has not yet selected a stock exchange on which to trade, but has disclosed that lead underwriters will include Morgan Stanley, J.P. Morgan Chase & Co. and Citigroup.

Dan Primack blogs, writes, muses and opines on deals and deal-makers for Fortune.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

This Is the Marketing Strategy Every Small Business Can Afford

Discover why localizing your marketing and services is crucial for small business success today.

Growing a Business

Daymond John Says This Misconception About Starting a Business Is Holding People Back

The People's Shark shares his best advice for finding the right partners to help overcome business struggles in uncertain times.

Health & Wellness

I Built a Routine That Keeps Me Energized as a Founder — Here's What Works

Here is my personal framework of habits, routines and tools that help me prevent burnout, stay energized and thrive as a startup founder.

Buying / Investing in Business

Big Investors Are Betting on This 'Unlisted' Stock

You can join them as an early-stage investor as this company disrupts a $1.3T market.