GoDaddy priced its much - anticipated initial public offering Tuesday evening at $ 20 a share, according to reports, giving the Internet domain
hosting company a valuation of nearly $ 4.5 billion.
Not exact matches
That could certainly be a problem for
companies such as Square, which filed its IPO papers last week with a
valuation near $ 7 billion, as well as for a
host of tech
companies whose red - hot
valuations now appear to be cooling.
And a
host of hyper - valued
companies had their
valuations decreased by institutional investors during Q4.
«When you get a bonafide takeover from a real
company, it makes you feel like the market has legitimate underpinnings, like these
valuations aren't totally crazy and some businesses are actually worth more to other businesses,» the «Mad Money»
host said.
Today the young CEO regularly stays with Airbnb
hosts, though with a
company valuation of more than $ 2 billion, he probably isn't sleeping on any air mattresses.