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Want to start your own business? Want to become an entrepreneur? Want to have a beautifully created and a unique website of your own? A domain name is important too right? Fast hosting is desired by all but we don’t know how many of us get to experience this.
GoDaddy is a platform for entrepreneurs to dream big and grow their online business around the globe. It helps all by giving the required tools the customers need to develop their website online. Read the GoDaddy success story below.
GoDaddy – Company Highlights
| Company Name | GoDaddy |
|---|---|
| Headquarters | Scottsdale, Arizona, US |
| Sector | Customer Service, Cyber Security, E-Commerce and Web Development |
| Founder | Bob Parsons |
| Founded | 1997 |
| CEO | Aman Bhutani (Sep 2019-Present) |
| Website | godaddy.com |
GoDaddy – About
GoDaddy – Startup Story
GoDaddy – Founder and Team
GoDaddy – Logo
GoDaddy – Business Model
GoDaddy – Revenue Model
GoDaddy – Funding
GoDaddy – Growth
GoDaddy – Competitors
GoDaddy – Future Plans
GoDaddy – FAQ’s
GoDaddy – Conclusion
GoDaddy – About
GoDaddy is a place for small businesses. It offers all sorts of tools that are needed to manage and grow the business online. From website creation to domain names it solves all kinds of equations. It is the world’s largest web hosting and domain name registrar provider.
20 million customers worldwide trust GoDaddy to support them through their professional services and features, including:
- Domain names and hosting
- A website builder with custom themes tailored to your industry
- GoDaddy email and email marketing services
- 24/7 support with our friendly GoDaddy Guides
GoDaddy – Startup Story
The company was founded in Maryland by an entrepreneur named Bob Parsons. The company came into existence after he sold his software services company. In the same year, he retired and founded a new company, Jomax Technologies which later in 1999 changed its name and became GoDaddy.
GoDaddy – Founder and Team
Bob Parsons is the founder of GoDaddy. He is an American billionaire, philanthropist, and entrepreneur. He was born in the year 1950, November 27th. He is a man of 70 years. In 2011, July, he sold 70% of the company and resigned as a CEO. He served till 2018. He is also the founder and CEO of YAM Worldwide, Inc. His rank is no. 378 on the Forbes 400 list of The Richest People In America currently.
His parents were hardcore gamblers which is why his family struggled a lot financially. His father was a salesman and his mother was a homemaker.
Parsons says,
“I have earned everything I have ever received.”
Aman Bhutani is the CEO of GoDaddy who took the position in Sep 2019.
GoDaddy – Logo
GoDaddy – Business Model
GoDaddy concentrates on the mentioned below business segments –
- Domain name services – domain name privacy, aftermarket domain name transaction and primary domain registration.
- Web presence – digital marketing, web security products, online store building and website builder.
- Web hosting – VPS, dedicated server hosting and shared.
It serves customers worldwide. It targets customers like business owners, freelance professionals, etc. The company also has got a range of customers featured on the official website of theirs. GoDaddy brand adds value to its products. The company is known by all because of its efficient services.
GoDaddy – Revenue Model
The company has got a Reseller Program. Here individuals can sell GoDaddy products with full support and assistance. It is available on a subscription basis with basic and premium packages priced at £6.34 and £10.50 per month respectively. Affiliate Program targets especially blogs, websites, etc. which can earn an amount from customers generated for GoDaddy with support from the company without any fees. Revenue is generated through the sale of domain registration services, security services and web hosting. There are subscription packages for various sorts of hosting.
Vibhavari Madki
GoDaddy – Funding
GoDaddy has raised an undisclosed amount in funding from the 2 funding rounds.
| Date | Transaction Name | Money Raised | Lead Investor |
|---|---|---|---|
| December 1, 2012 | Series A | – | – |
| December 1, 2011 | Venture Round | – | – |
GoDaddy – Growth
The company has now exceeded 20 million customers. Investment marketing is expected to continue at a faster rate as unit economics improves itself every quarter. The website creating platform has seen good revenue growth with new users. This happened because subscriptions are more accessible than before. In the WordPress ecosystem, Go Theme is in the top 8 out of 8000 available themes. The company is seeing a significant growth process with both accelerated monthly and yearly users.
Tanusha Verma
GoDaddy – Competitors
The top competitors of the company are Endurance International, Donuts Inc. and United Internet.
- Endurance International is the top competitor of GoDaddy. It is headquartered at Burlington, Massachusetts and was founded in 1997. The company competes in the Digital Marketing field.
- Donuts Inc is one of the top competitors of GoDaddy. It is headquartered at Bellevue, Washington and was founded in 2010. It operates in the Internet Software industry.
- United Internet is also one of the top competitors of GoDaddy. It is headquartered at Montabaur, Rhineland-Palatinate and was founded in 1988. It works in the Networking and Electronic Equipment field.
Ashwini
GoDaddy – Future Plans
The company is aiming towards the small, medium and independent businesses in the Tier II and Tier III cities of India to drive its revenue growth to the next level. It is also looking forward to providing end to end management of businesses than just being a product seller.
GoDaddy – FAQ’s
What is GoDaddy?
GoDaddy is a platform for entrepreneurs to dream big and grow their online businesses around the globe.
What services does GoDaddy provide?
It offers all sorts of tools that are needed to manage and grow the business online. From website creation to domain names it solves all kinds of equations.
Who is the founder of GoDaddy?
Bob Parsons is the founder of GoDaddy. He is an American billionaire, philanthropist, and entrepreneur.
Who is the CEO of GoDaddy?
Aman Bhutani is the CEO of GoDaddy who took the position in Sep 2019.
What was GoDaddy previously called?
GoDaddy was previously called Jomax Technologies which later in 1999 changed its name and became GoDaddy.
GoDaddy – Conclusion
GoDaddy is on a mission to make entrepreneurship more inclusive for all with support, tools and insights. If you’re just starting out or already have a venture, the GoDaddy team is ready to help you take your idea online and share it with the world.
Tune in as GoDaddy guides small business owners toward success through the power of a strong online presence. From branding your business to building a website and setting up email, you’re in the right place to get everything you need to be online.