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September 10, 2010 7:37 PM

WSJ : GoDaddy Internet Registrar for Sale

By
CBSNews
(CBS)  Citing "people familiar with the matter," The Wall Street Journal is reporting that GoDaddy.com, the private company that registers Internet domain names, has put itself on the block and could fetch upward of $1 billion.

Private equity firms are likely to be among the bidders.

GoDaddy, which is owned by Bob Parsons and based in Scottsdale, Ariz., is the world's largest Internet Domain Name Registrar, managing more than 43 million domains.

Copyright 2010 CBS. All rights reserved.
Add a Comment
by Holmesconstinc September 28, 2010 7:50 PM EDT
As A long time Member of Go-Daddy and End user, We have never had any problems with the services they provided to I-netsolutions of Carefree. My only demise was I did not know enough about the internet other than what I self taught myself and listening to others. So now I am back to Construction where I have always suceeded in and will stay there only to tincker in the Web designs, my latest being www.HolmesConstructionAZ.com our construction web page using Go-Daddies Services. I like many millions of other users will miss Bob Parsons if he decides to leave the Internet. People need to remember He Built Go Daddy in 1997 and is not getting any younger, why can a man enjoy the fruits of ones life. Bob Marley said it best BE Happy! Great Job Bodb and thanks again for lessons learned.

Martin Holmes
Holmes Construction Inc
WWW.HolmesConstructionAZ.Com
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by ToolMangler1 September 13, 2010 2:29 PM EDT
The check is in the mail.... ;)
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by 2010JLane September 11, 2010 8:17 PM EDT
Whoever purchases GoDaddy.com will have to handle the upcoming law suite against Go Daddy on age discrimination.

Bob Parsons and Warren Adelman are the leaders of GoDaddy.com and openly discriminate against their older employees.
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by alphaa10000 September 10, 2010 10:24 PM EDT
Bob Parsons worked hard for years, was in on the first wave of Windows applications with a floppy-based antivirus utility (back then, there were fare fewer threats), and put out a decent financial management utility (Parsons is trained as a CPA).

"Fast forward" some 25 years, and Parsons is rich. And now, the GoDaddy company he lovingly built to his high standards will be sold to whomever has the money.

That MAY be good for Parsons and his wallet, but it does not bode well for the consumer who has registered a domain name with Parsons / GoDaddy.

Reason? No one is more likely to demand high quality of GoDaddy operations than Bob Parsons. Because Parsons cared about more than profit, he drew loyal customers (and money).

Notice to all corporate investors-- we Parsons registrants will be ultra-sensitive to any changes made to Bob Parsons' company policies or prices. Frankly, we doubt the Parsons product can be improved.

To keep pace with competition outside Parsons on price and quality, the new owners must not do to Parsons what Symantec did to Peter Norton and Power Quest-- simply engulf and plunder. We Parsons subscribers will sense that immediately.
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