GoDaddy

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Gdlogo.jpg
Type: Private
Industry: Internet, Registrar
Founded: USA, 1997
Founder(s): Bob Parsons
Headquarters: 14455 N. Hayden Rd.
Suite 219,
Scottsdale, AZ 85260
Country: USA
Employees: 2450 (2009)
Revenue: 610 million dollars (2009)
Website: GoDaddy.com
Twitter: TwitterIcon.png@GoDaddy
Key People
Bob Parsons, Founder

Warren Adelman, CEO
Tim Ruiz, VP Domain Services
Michael Zimmerman, EVP and CFO
James Bladel, Director of Policy Planning

GoDaddy is a web hosting and internet domain registrar, and the main concern of GoDaddy Group Inc. Founded in 1997 by Bob Parsons, GoDaddy has become the world’s largest domain register company accredited by ICANN and has more than 40 million domain names under its management.[1] Along with hosting and registration services the company also provides e-business solutions and services like: email, website developing, Internet marketing services, SSL and security services.

GoDaddy is known for its racy superbowl advertising campaign, which began in 2005; since then it has been continuing to sponsor various sporting events.[2] CEO Bob Parsons has called GoDaddy's advertising "GoDaddy-esque"; which he defines as "fun, edgy and a bit inappropriate".[3]

The company filed for an IPO to go public in 1996, but later withdrew its filing.[4] During early September, 2010 it was reported that GoDaddy was up for sale and could fetch as much as $1 billion USD. However, during late October, 2010, The Wall Street Journal reported that the company took itself off the market and pulled out of a potential sale.[5]

Contents

History

Business

The Major concern of GoDaddy Group is GoDaddy.com.[18] The group also includes other concerns, such as:

Products and Services

According to their official website, the products and services GoDaddy provides are:

Awards

GoDaddy has been named “Best Registrar” by DomainNameWire.com, a domain name industry news source, for five consecutive years (2005-2010). For six consecutive years, GoDaddy has also ranked as one of the top employers in the Phoenix-metro area by The Phoenix Business Journal’s “Best Places to Work in the Valley” employee survey. GoDaddy was honored as the AZCentral.com's “Best Perks” Employer in 2009 and 2010. GoDaddy received several 2007 Arizona Corporate Excellence (ACE) Awards, including the prestigious distinction as the state's "Most Innovative Company". GoDaddy also ranked #2 on the ACE "25 Fastest-Growing" companies list and #20 on the ACE "Top 50" companies list. It was ranked #8 on the 2004 Inc. 500 list of the nation's fastest-growing privately held companies; #20 on the 2005 Deloitte Technology Fast 500 (growing 8,274 percent); and won the CNET Editor's Choice award in 2001, the Name Intelligence Largest Net Gain Award in 2002, 2003 and 2005; and the Name Intelligence Users' Choice Award in 2005.[19]

Refusal to Register Domain Names in China

In February, 2010, the Chinese Government imposed new rules for website operators. The new guidlines stipulated requirements such as the need to submit photographs and other information, and meet the service provider in person.[20]

Google protested this legislation by refusing to censor their search results on Google.cn on March 22, 2010.[21] On March 24, 2010 GoDaddy announced to Chinese lawmakers that it will cease registering websites in China in opposition to the new intrusive government rule. According to GoDaddy, this rule of increased monitoring and surveillance will put the individual or firms at risk. The company also said the rules will have a "chilling effect" on new domain name registrations.[22]

However, their effort has been criticized as a publicity stunt, given that GoDaddy so quickly followed Google's approach. The company responded in an announcement, saying their refusal to do business in China is not a PR act and that they are genuinely concerned about the situation facing the Chinese web industry.[23].

Potential Sale Issue

Duirng early September, 2010, rumours began to circulate that GoDaddy was up for sale.[24] The rumour was later confirmed by the Wall Street Journal when they published a report verifying exactly that. The report also mentioned the company could fetch more than $1 billion, and that the company had hired the financial firm Qatalyst Partners to find potential buyers.[25]

At first, a GoDaddy spokesman said that the company “does not comment on rumours”. But later, another report by the Wall Street Journal published in late October, 2010, noted that the company pulled itself off the market and was no longer for sale.[26]

ICANN

SOPA

Unlike many major Internet companies,[32] GoDaddy came out in support of SOPA in late October. The reasons for their support were cited as protecting American businesses from being robbed and American consumers from being harmed by counterfeit products. The company stated that it was trying hard to help SOPA become an acceptable form of legislature for all those involved.[33] This move came as a surprise, as GoDaddy, just like any other domain name registrar, could potentially have a major liability under the bill, as the responsibility for cybersquatting could be shifted from the registrant to the registrar.[34]

By the end of December, significant media and Internet user attention was being paid to GoDaddy's SOPA support; users of the webforum Reddit.com began a protest against GoDaddy, urging those hosting their domain names with the company to transfer their domains to another service. The original poster suggested that December 29th be made "Move Your Domain Day," and in response many of GoDaddy's competitors began offering discount rates to those wanting to transfer.[35] Reddit users began contacting larger corporations hosting with GoDaddy, such as the Wikimedia Foundation, urging them to transfer their domains from GoDaddy as well.[36] On December 23, GoDaddy released a press release stating that it no longer supported SOPA, stating that it will support it in the future when and if the Internet community supports it.[37] In the first week of protesting, GoDaddy lost approximately 72,300 domains due to their support of SOPA.[38] After two weeks, when more solid figures were available, it was noted via the pay-site RegistrarStats.com that GoDaddy had seen 100,000 domains transferred away from its system; however, in that same time frame 117,000 domains were transferred to GoDaddy; therefore, the boycott did not see the registrar take a net loss to its hosting numbers.[39]

References

  1. Yahoo! Finance
  2. InvestorPlace
  3. WebHostingReport.com
  4. Mashable
  5. Arizona Business & Money
  6. Robert L Small
  7. Bob Parsons' Blog
  8. web-hosting-top.com
  9. ICANN Strives to Stop GoDaddy Domain Abuse
  10. CircleID
  11. InternetNews
  12. GoDaddy Sues Verisign - CircleID.com
  13. ZDNet
  14. The Washington Post
  15. GoDaddy Investment should Close Before End of Year, DomainNameWire.com
  16. Super Bowl Sunday Here we COme, CoInternet.co/blog
  17. GoDaddy Gripe Site Relaunches with Co Domain, DomainIncite.com
  18. GoDaddy.com
  19. ICANNWiki.org
  20. CNet News
  21. Official Google Blog
  22. PCWorld.
  23. Wired.com
  24. BARRON'S
  25. TFTS
  26. AZCentral
  27. ICANN Moves Against GoDaddy Domain Lockdowns
  28. ICANN Announcement May, 2007
  29. http://www.theregister.co.uk/2007/02/19/registerfly_angry_customers/ Registerfly Angry Customers]
  30. GoDaddy Community Pages
  31. CNET News
  32. GoDaddy Faces boycott over SOPA support, http://arstechnica.com/
  33. Go Daddy’s Position on SOPA
  34. Red Hot on Reddit.com: “Move Your Domain Away From Godaddy Day” Based Off Of Support Of SOPA, thedomains.com
  35. GoDaddy supports SOPA, I'm transferring 51 domains & suggesting a move your domain day, reddit.com
  36. TIL Wikipedia.org is registered at SOPA supporter GoDaddy, reddit.com
  37. Go Daddy No Longer Supports SOPA, godaddy.com
  38. GoDaddy lost 21,054 domains yesterday due to their support of SOPA, thenextweb.com
  39. 2 Weeks of SOPA The Actual GoDaddy Numbers 100k Domains Transferred out 117k Transferred in, TheDomains.com

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