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.
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:
