On April 12, 2006, Marketwatch reported that GoDaddy.com, Inc., had hired Lehman Brothers to manage an initial stock offering that could raise more than $100 million and value the company at several times that amount.[137] On May 12, 2006, GoDaddy filed an S-1 registration statement prior to an initial public offering.[138][139] On August 8, 2006, Bob Parsons, announced that he had withdrawn the company's IPO filing[140] due to "market uncertainties".[141]
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