Not only is the IPO market in an unreceptive move, GoDaddy CEO thinks analysis are ignoring their large positive cash flow and instead focusing on earnings (or lack thereof). He thinks domain registration accounting methods create a pessimistic view of the company, as revenues are amortized while expenses are incurred immediately.
PS. If they need funding then they should talk to hedge funds!
[edited by: Chico_Loco at 9:13 pm (utc) on Aug. 25, 2006]
