Bob Parsons sold Godaddy to a private equity firm

Godaddy the world’s largest registrar and web host by number of domains manged had been in process of selling from the past few weeks. Ultimately after endless talks, a private equity firm KKR, Silver Lake and Technology Crossover Ventures made a deal of purchasing Godaddy for 2.25 billion$.

The new owners are expecting to make 1.1 billion dollar in revenue this year as the Internet is getting bigger as times passes. More and more websites are getting added to this web world and the most basic part of a website is the “DOMAIN”.

Godaddy group was founded by Bob Parsons in 1997 who will continue to serve as it’s CEO. The company is based in Scottsdale, Arizona and manages more than 48 million domains  and also is one of the worlds largest web host.

Godaddy is famous for it’s coupon codes which helps many domainers and webmasters to get domains at a very cheap prices as compared to other registrars like Network Solutions aka NETSOL. Not only this Godaddy also have a special auction wing which is used by many professional domainers worldwide to sell their domains. Their expired domain auctions are one of the best where you can pick a aged domain at prices much lower than the original renewal cost.

Godaddy CEO Bob Parsons facing heat over his controversial elephant killing video

Godaddy CEO Mr. Bob Parsons is facing immense criticism over his video of killing an elephant in Zimbabwe. Godaddy CEO who is famous for giving business tips on his personal blog is being hated all over the internet for what he had done in Zimbabwe.

 

Bob Parsons on his twitter account “http://twitter.com/DRBOBPARSONS” tweets about “hunting a problem elephant in Zimbabwe”. Below is the screen shot of the same.

Bob Parsons cruelty to animals

From the video one can notice that he had not only killed the elephant but also outfitted everyone in the area with bright orange GoDaddy baseball caps.

After the mounting pressure from PETA, Bob Parsons on his blog stand by his decision of killing elephant. Here is the snippet of what he had written in his blog.

I stand by my decision to help African villagers. I believe elephant management is beneficial. I have the support of the people who really matter in this situation, the families of Zimbabwe — people who need help to survive. I have the support of tribal leaders and the government.

In response to the video, many domainers around the world have to decided to move their domains to another domain registrar’s. Here is some of the screen shots from some of the popular domain forums.

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Also Namecheap.com, a competitor of godaddy in response to this incident have released a special discount on domains for their customers so that they can move their domains from GoDaddy. Here is the screen shot of the message posted by Namecheap.com

Namecheaps response to godaddy
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