Monday, June 9, 2014

Go Daddy Too Hot For TV But Not For IPO

If naysayers preach the American dream is dead
Look to the example of Go Daddy instead
A billion dollars of revenue yet still in a pool of red ink
Thanks to KKR cash it did not fall into the bankruptcy sink
Any company that has models pitching their domains
Is a company that needs not to be flushed down the financial drain
Not sure what the prospectus will like in terms of forward looking trends
Or whether the risk factors in boring fashion will never end
But hopefully there will be sizzle of the faces that should launch a thousand web sites
That will keep the reader dreaming happy thoughts into the late of night
An IPO is a rite of passage for those who dare to dream and actually try
Grow an idea into a company and like the beanstalk grow into the upper reaches of the asset skies
Go Daddy your commercials are way too hot to miss
Hope the post IPO stock rockets to the checkered flag and not into the overvalued PE abyss
© June 9, 2014 Michael P. Ridley aka the Alaskanpoet

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