| PREDICTIONS | CURRENT VALUE | TODAY |
| GoDaddy | $3.30/ $0.00 | (closed) |
| EV1-ThePlanet | $3.36/ $0.00 | (closed) |
| RackSpace | $3.77/ $0.00 | (closed) |
| Hostway | $3.49/ $0.00 | (closed) |
| Endurance International | $3.43/ $0.00 | (closed) |
| Aplus.NET | $3.36/ $0.00 | (closed) |
Doug Erwin says he intends to take EV1-ThePlanet public. Gabriel Murphy plans to grow Aplus.Net into a top-3 hosting provider through acquisitions. Rackspace has incredible momentum: 1100 new clients in Q2. Is an IPO in the cards for these or other web hosting companies? You be the judge!
If you think I’ve omitted any IPO-likely web hosting providers, please email me. I will add them to the market. Thanks!
-Isabel :)
GoDaddy recently decided to put off its $200 million IPO “until better and more stable times”. The NASDAQ had tanked between GoDaddy’s May SEC filing and August withdrawal, but the market has recovered since then. What’s on Bob Parson’s mind these days??
In his early October interview with the Web Host Industry Review, Doug Erwin said the following of his CFO: “he’s a known commodity on Wall Street, very well connected with investment bankers, so that when we declare it’s time to take this company public, his proven track record in dealing with banks and Wall Street will make it very easy to make that transition again into that space.” Buy EV1-ThePlanet if you think that transition will happen.
Back in 2004, Rackspace told Netcraft that an IPO “is something we might reconsider in the future”. Is the future here yet? During Q2, 2006, the company’s revenue grew 59.5% compared with a year ago to $52 million, signed up 1,100 new customers and hired 105 new employee. In a September press release, the company says it’s had 30 consecutive quarters of revenue growth.
Hostway’s got 250,191 sq ft of data center space in 11 lights out facilities, a truly global footprint (North America, Eastern/Western Europe, Korea, India and Australia) and A-list clients including Sony, Coca Cola, Disney and Fox News.
Endurance International is backed by a $1 billion private equity fund. The company’s been on an acquisition spree, snapping up 27 shared hosting companies over the past 4 years with more deals in the pipeline. VP for Development Joe Bardenheier says Endurance has a 300+ step process for post M&A integration. As the company continues to expand, will it find itself on the NASDAQ?
Web hosting veteran Gabriel Murphy acquired Aplus.NET in July with the backing of Catalyst investors. In a TopHosts interview, Murhpy said “our intention is to grow through acquisitions and become one of the top three Web hosting firms in the US.” He listed 1&1 Internet, Yahoo! and GoDaddy among competitors he intends to catch up with.