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by apechai 5285 days ago
GoDaddy is owned by private equity firms KKR and Silverlake. These firms aim for short term profits at the expense of creating long term value.

Silverlake was the firm behind the whole Skype compensation fiasco, which was basically a quick flip. KKR does dividend recaps where it issues debt and funnels money out of the company. The company, such as HCA or Dollar General, then has to fire people and raise prices on customers.

Do you think they'll do what's right for customers over the long term or try to extract every penny? That's why they'll flip flop on an issue like SOPA - no long term values. I moved my domains to namecheap a long time ago.