With over 60 million domains registered through their company, GoDaddy is the largest domain registrar in the world, but they also offer the full range of online services from hosting to website builders and security certificates for e-commerce websites. They are a unique company with millions of different customers but their starting point was from a much more humble set of origins.
The company was founded by a single individual, Bob Parsons, in 1997 but its original name was actually Jomax Technologies. GoDaddy Group Inc. The company grew rapidly and in 1999 they were looking at a new name. The idea was originally to name the company “Big Daddy,” but someone else already owned that name. While brainstorming and thinking about other potential names, eventually “Go Daddy” came up and they went with it.
The name changed from two words to one word in 2006.
One of the biggest names in the industry was 2001 when Network Solutions was no longer the only business allowed to sell domain names. This adjustment allowed Go Daddy and other companies to get into the mix, and it wasn’t long before they became the single biggest domain registrar in the world. This happened to also be the same year that the company became cash flow positive.
Important Dates To Follow
As with any company that grows over the years, there were several important dates of note for GoDaddy during their rapid growth. In 2004 they began offering SSL certificates to allow websites to get the security they need to process purchase orders.
The very next year GoDaddy launched their first Super Bowl commercial, something that the company would become famous for. They were known for racy commercials that intentionally flirted with the line on being inappropriate, often poking fun not only at sexist advertising but also at themselves and the censors they managed to annoy year after year.
The commercial worked wonders, and the yearly big game commercials became a staple of the business plan.
2010 was the year they hit 8 million customers and the next year they hit 50 million domains. The business continues to boom and by 2013 revenue numbers reached a full $1 billion per year.
2015 was the first public stock offering. While the company had been private up until this point, now it was open to the public to invest in, and employees were rumored to have received a generous stock buying option to show the company’s appreciation for having built them up to this point.
Who knows what the future has to offer for GoDaddy? However, this company has had many great points throughout its past and based on how they have grown it makes sense to believe they are going to continue to kill it going into the future. What will the next major benchmark be? It’s hard to say, but GoDaddy’s rich history is full of major markers and accomplishments and few people doubt the company will continue to grow and expand.