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06|30|2008 12:31 pm EDT

Godaddy – Employees No Longer Allowed to Bid

by Adam Strong in Categories: Domain Aftermarket

Godaddy logoIn an official statement posted on Slashdot.org Godaddy.com attorneys have stated that they found nothing improper with the bidding activities of Godaddy VP Adam Dicker at the companies TDNAM.com expiring domain name marketplace.  The official statement goes on to explain that in the future all Godaddy employees will be prohibited from participating in any future TDNAM auctions, sales and back ordering services.
Godaddy came under fire after reports of “insider activity” surfaced through posts at NamePros.com. DomainNameWire.com and TheDomains.com sites both followed up on the story reporting that other auction companies were involved in similar activities. NameJet.com representatives followed up by informing us of their company policy.
The issue of “insider activity” is likely far from over. As employees become engaged in the business of domains, it seems natural that they would want to participate as well.  These companies have put their best foot forward, but enforcement and policing this activity, let alone retaining quality employees, is likely something that will prove to be quite difficult in the future.
Official Godaddy statement can be found after the jump.
Official Go Daddy Statement – (from Go Daddy General Counsel Christine Jones):
“Go Daddy has reviewed the auction and found nothing improper.

Adam Dicker’s knowledge on the auction was no different from what any customer coming to our TDNAM site would have had.

To ensure customer confidence and to avoid any possible future questions of impropriety all GD employees are now and in the future prohibited from participating in TDNAM auctions, purchasing, sales & back orders.”

– Christine Jones, Go Daddy General Counsel & Corporate Secretary

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4 Comments

Stephen Douglas

July 1, 2008 @ 8:04 am EDT

Whoa Team Angry!!!

I thought I was the wasp nest that got hit by the baseball! You have some serious backstory to tell… I’d bet that more than 1000 domain investors would love to read more details about your “facts” on a blog post.

I think a lot of people respect Adam, and love DNForum, but have questioned why he has allowed, as GoDaddy’s VP of Aftermarket Sales, the GD tricky “ICANN UPDATE” emails just a month before GD domains expire, and then prevent the domains from being transferred if you change ONE CHARACTER in the whois of the domain.

Even ICANN got “involved” (giggle giggle) and announced they would prevent this activity. However, to date, GD is still preventing anyone from transferring out a domain with the whois changed even slightly.

See my blog at http://www.successclick.com

This story isn’t going to go away anytime soon, unless somebody slips a few bills into the proper pockets of those who can report the real story.

Nice article, Adam. I’m impressed at the size of the eggs it takes to post this story.

Douglas Campbell

July 1, 2008 @ 2:38 pm EDT

I’d feel better if not only GD employees but their family and associates as well were prohibited. Even better would be complete cessation of the “Domain Aftermarket” for expiring domains. I know this (registrars glomming onto the most marketable names and holding them for themselves) is an ICANN issue, but avoiding even the appearance of impropriety should be your top concern. If a registrar is to be seen as impartial, the registrar needs to not compete against their customers. To do otherwise may make you rich (a ‘la microsoft), but fails the sniff test badly.

ASN5

July 13, 2008 @ 7:28 pm EDT

Thanks for the site… I stop by a lot. I’m writing today to mention that ICANN is currently accepting public comments about the registrar accreditation agreement. While blogging and commenting on blogs is an excellent way for us to learn and share information, commenting directly to ICANN can have a much greater impact – especially if numbers are strong. (Last year I think there were only 53 comments.) Anyway, comments are accepted by email, so you have to send it to raa-consultation@icann.org and then they send you a confirmation to verify it. Once you verify it, your comment will be visible here:

http://forum.icann.org/lists/raa-consultation

And on a related note… you can always file an ICANN complaint here:

https://omb.icann.org/portal/complaint.php

Personally, I haven’t had much success with their complaint process, but it is important to go through the motions so they can’t claim in their annual reports that there were no complaints that weren’t unresolved.

Okay then; be well and keep your eyes on the prize!

DawG

November 3, 2008 @ 1:42 pm EDT

Sucks for the employees and Policing it will be a pain. I wonder how many Godaddy employees know how to make serious money on domains and just leave Godaddy… Thanks for the article

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