Go Daddy for sale

I spoke to GoDaddy.com CEO Bob Parsons for our CEO Q&A for October, but the company has been in the news recently after announcing it is putting itself up for auction in September.

I spoke to GoDaddy.com CEO Bob Parsons for our CEO Q&A for October, but the company has been in the news recently after announcing it is putting itself up for auction in September. Some expect the company to sell for $1 billion. The Wall Street Journal adds:

Private-equity firms are attracted to the business because of the steady cash flow from monthly fee-based subscriptions and the potential for "up-selling" customers additional features to enhance their websites.

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