Godaddy - Employees No Longer Allowed to Bid
In 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
(c) 2008 DomainNameNews.com
Domain Convergence, October 6-8, 2008, Niagara Falls
Original post by Adam Strong