So what do we think will happen next?
https://www.jaxdailyrecord.com/article/web-com-merges-with-competitor-becoming-newfold-digital
5 replies (most recent on top)
Read up on Siris. Their game plan always runs about 5-7 years before “being actualized.” They part out the used company for profit. End game is for the 6+ figure employees. The rest of you are pawns.
Run, don’t walk to the nearest exit.
Having a hard time deciding what to ethically tell friends who still have services with Web what to do...Renew or bail out. :(
Oh, It's going bad. Web came in acting like their stuff don't stink and is taking a big dump on a company that had 3 times the revenue, better brand recognition, actual expertise in the hosting market. Web didn't even have as many subs as one of the smaller Endurance brands. The two companies did not come in as equals, but Clearlake handed the reins to the shysters
Per the Siris playbook, they are going to fire %70 of Endurance and spend it on marketing instead so the cheese can collect their payola. BTW, Endurance's ARPS was %10 higher than Web.com even though Endurance treated their employees well, paid a living wage to even the call center/support people, and didn't off-shore all of their engineering.
I expect that Newfold is going to make a ton of money for the next 1.5-2 years before the Endurance customers realize that they have been taken for suckers.
So I guess the whole Oceania situation completely fell through...shocker.
Davie Brownie is poppin a PBR in PVB laughing. Who cares! if your still at Web thankin things are bout to get better you need to drank more.