Alternative News Portal - Top Stories 15 Bureaus
GoDaddy got a ton of BAD PRESS when founder Bob Parsons was hammered for his killing elephants on a safari.
A couple of years ago three equity funds put up 2.2 BILLION to buy a large stake in GoDaddy.
In 2012 GoDaddy lost almost 300 Million.
A recent quarter loss was 50 Million.
Yet Bob Parsons and his equity fund partners are filing papers with the SEC to raise 100 Million from the public for this black hole money losing company.