GoDaddy.com Said to Seek $4.5B Valuation in IPO

GoDaddy.com is said to be moving forward with an IPO that could happen as soon as early 2015

The NY Post said GoDaddy.com could be seeking a valuation of around $4.5 billion with the offering.

GoDaddy.com CEO Scott Wagner was said to meet with analysts last week to provide an update on the company after it filed an initial IPO registration last June.

In part, Wagner was said to stress GoDaddy.com's desire to diversify. Offerings might include helping customers build websites or process transactions, for example.

Rival Web.com hasn't performed well, as of recent, which may be due to GoDaddy's efforts. The stock is down 48 percent on the year and 38 percent over the last 12 months.

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