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The Lowdown



Dec. 17, 2008 Post

Here's the The Lowdown from DNJournal.com! Updated daily to fill you in on the latest buzz going around the domain name industry!

Compiled by Ron Jackson
(DN Journal Editor/Publisher)
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Even though 2008 was a bad year for the economy it was a boom year for the world's biggest domain registrar - GoDaddy.com. The company's sales shot up a stunning 42% this 

year and GoDaddy founder Bob Parsons made sure his employees knew they were appreciated by treating them to a $2 million holiday party last Saturday night in Phoenix. The gala event was staged at Chase Field (home of the Arizona Diamondbacks major league baseball team) and featured live performances from Joan Jett, .38 Special and comedian Sinbad

In addition to a fabulous feast, there were prize drawings that doled out free motorcycles and cash awards as high as $5,000. Parsons told the crowd the largesse was possible, even in a severe recession, because the company was part of a new economic order being driven by the Internet. "We're helping put millions of people on the Internet so they can be part of the new order. The new economy is going to allow America to rise from the ashes of this recession," Parsons said.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bob Parsons
GoDaddy Founder & CEO

 

 

 

 

 

There was more news from GoDaddy this week. Reacting to a story written by Andrew Allemann at DomainNameWire.com, the company made a major policy change in pricing domains listed on their TDNAM.com aftermarket auction site. Domains with traffic and existing revenue were being assigned a significantly higher opening bid than other domains on the site, prompting Allemann to observe that the practice essentially amounted to the auction house bidding against its own customers. Upon reflection, and to his credit, Parsons agreed and ended the pricing disparity. 

Parsons didn't stop there. He also invited Allemann to be a guest on his GoDaddy Radio Show this afternoon at 4pm (US Eastern time). Andrew has been critical of GoDaddy on several other issues this year so the discussion should be a very open and interesting one. 

Andrew Allemann
DomainNameWire.com

(Posted Dec. 17, 2008)


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