In 2011, Parsons entered a partnership agreement with technology investment firms KKR, Silver Lake and Technology Crossover Ventures 65% of the company's share for $2.25 billion to $2.5 billion. Parsons explained that under the agreement he will serve as Executive Chairman and remains the largest single shared holder in the company. In addition, 36 employees will receive $1 million plus checks. As Executive Chairman, Bob will concentrate on Go Daddy's marketing and commercials. <ref>[http://domainnamewire.com/2011/07/01/bob-parsons-explains-go-daddy-kkr-deal-to-domain-name-wire/ Bob Parsons Explains Go Daddy – KKR Deal to Domain Name Wire]</ref> | In 2011, Parsons entered a partnership agreement with technology investment firms KKR, Silver Lake and Technology Crossover Ventures 65% of the company's share for $2.25 billion to $2.5 billion. Parsons explained that under the agreement he will serve as Executive Chairman and remains the largest single shared holder in the company. In addition, 36 employees will receive $1 million plus checks. As Executive Chairman, Bob will concentrate on Go Daddy's marketing and commercials. <ref>[http://domainnamewire.com/2011/07/01/bob-parsons-explains-go-daddy-kkr-deal-to-domain-name-wire/ Bob Parsons Explains Go Daddy – KKR Deal to Domain Name Wire]</ref> |