Business Genre : Web Hosting
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Short Description
GoDaddy is a publicly traded Internet domain registrar and web hosting company.[4] As of 2014, GoDaddy was said to have had more than 59 million domain names under management, making it the world's largest ICANN-accredited registrar. It serves more than 12 million customers and employs more than 4,000 people.[5] The company is known for its celebrity spokespeople, Super Bowl ads and as being an online provider for small businesses. In addition to a postseason college football bowl game, it sponsors NASCAR. It has been involved in several controversies related to security and privacy.
Long Description
2010 – BBB of Great Arizona Business Ethics Awards finalist.[24] 2011 – Inaugural Bulby Awards' "Bulby Award" received by GoDaddy's X.CO for Best Use of a Single Letter Domain.[25] 2011 – SC Magazine's "Best Security Team" Rating.[26] The SC Magazine Awards were organized to honor the professionals, companies and products that help fend off the myriad of security threats confronted in today's corporate world.[27] GoDaddy was also a 2012 finalist.[28] 2011 – International MarCom Competition's winner of (3) awards; creativity in the 2011 Super Bowl Campaign, the .CO Product Launch and the GoDaddy Cares story.[29] 2011 – Inc. Magazine’s “Inc. 500/5000” list for an eighth consecutive year.[30] 2011 – Phoenix Business Journal's "Best Places to Work in the Valley" for the eighth consecutive year.[31] In 2011, GoDaddy ranked #4 among extra large-sized companies.[32] 2011 – Alfred P. Sloan Award for Business Excellence in Workplace Flexibility for GoDaddy's Arizona, Iowa offices.[33] As a recipient, GoDaddy ranks in the top 20 percent.[34] 2012 – Fortune 100 "Best Companies to Work For" honoree.[35][35][36] 2012 – Gold Stevie Award for the Year in Computer Services."[37] 2012 – Domain Wire's annual survey's "Best Registrar" award with 43% of the vote.[38] 2012 – Nominee for the 2012 Small Business Influencer Awards in Corporations by Small Biz Trends.[39] In 1999, a group of employees at Jomax Technologies were brainstorming and decided to change the company name. An employee said, "How about Big Daddy?" However, the domain name had already been purchased. Parsons replied, "How about GoDaddy?" The name was available, so he bought it.[6] Parsons said the company stuck with the name because it made people smile and remember it.[6] The company changed its name branding from "Go Daddy"[7] to "GoDaddy" in February 2006.[8] On April 12, 2006, Marketwatch reported that, 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.[152] On May 12, 2006, GoDaddy filed an S-1 registration statement prior to an initial public offering.[153][154] On August 8, 2006, Bob Parsons, announced that he had withdrawn the company's IPO filing[155] due to "market uncertainties".[156] In September 2010, GoDaddy put itself up for auction. GoDaddy called off the auction several weeks later, despite reports that bids exceeded the asking price of $1.5 billion to $2 billion.[157] On June 24, 2011, the Wall Street Journal reported that private-equity firms KKR and Silver Lake Partners, along with a third investor, were nearing a deal to buy the company for between $2–2.5 billion.[158] On July 1, 2011, GoDaddy confirmed that KKR, Silver Lake Partners, and Technology Crossover Ventures had closed the deal. Although the purchase price was not officially announced it was reported to be $2.25 billion, for 65% of the company.[159] As of December 2011, Bob Parsons stepped down as CEO into the role of Executive Chairman.[160] In June 2014, GoDaddy once again filed a 100 million dollar IPO with the Security and Exchange Commission.[161] The filing gave an inside look into GoDaddy's finances and showed that the company has not made a profit since 2009 and since 2012 has experienced a total loss of $531 million. Along with the IPO announcement, GoDaddy's founder Bob Parsons announced he is stepping down as Executive Chairman though he will remain on the board.[162] Current CEO Blake Irving, joined GoDaddy on January 6, 2013.
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