You can criticize GoDaddy founder Bob Parsons' taste, as many have over the years--typically following the presentation of one of the company's many racy Super Bowl ads. But there's no denying his success.
The Scottsdale, Arizona-based domain registration and web hosting company that he launched in 1997 jumped into its initial public offering on Wednesday. GoDaddy priced its shares at $20 on Tuesday night, above its range of $17 to $19. At the opening bell, shares rose 31 percent to $26.06, raising $460 million from the IPO. The company is now valued at $4.5 billion. The 11-time Inc. 5000 honoree, is the biggest domain name registration provider in the world, managing 54 million addresses for 13 million customers--the majority of which are small businesses.
While Parsons gave up his chief executive role at GoDaddy in 2011--following a buyout from private equity firm KKR & Co. (formerly known as Kohlberg Kravis Roberts & Co.) that made him a billionaire--it’s clear that the company’s current owners have big shoes to fill as GoDaddy tackles its public offering. Here's a look at GoDaddy's biggest milestones to date: