WSJ: GoDaddy preparing for IPO

|By:, SA News Editor

GoDaddy Group is gearing up for an IPO and is preparing to interview underwriters in the coming weeks, WSJ reports.

An IPO for GoDaddy would be the latest in a rush of such deals as stock indexes trade near record highs and investors clamor for shares in newly listed companies; the first two months of 2014 marked the busiest start to a year for IPOs since 2007.

A competitor in the website hosting business, Endurance International (EIGI), went public in October; its shares have gained 26% since then.