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Hi Nadira.
<div class="">It was just a wild guess.</div>
<div class="">However, my wild guess was prompted by the fact that according to Bloomberg the South African company has an offspring in the US with same CEO & CFO - see <a href="https://www.bloomberg.com/profile/company/1085299D:US" class="">https://www.bloomberg.com/profile/company/1085299D:US</a></div>
<div class="">But I was most likely wrong - <a href="https://ethoscapital.com" class="">https://ethoscapital.com</a> has a different leadership, including Erik Brooks that used to be Managing Partner at Abry Partners, the company who bought Donuts. If this
does not ring a bell I wonder what else would.</div>
<div class="">This week I am in a conference, and had not much time to read over the materials after the announcement. I will have more time over the weekend and next week.</div>
<div class="">Cheers,</div>
<div class="">R</div>
<div class=""><br class="">
<div><br class="">
<blockquote type="cite" class="">
<div class="">On 14.11.2019, at 14:26, Nadira Alaraj <<a href="mailto:nadira.araj@gmail.com" class="">nadira.araj@gmail.com</a>> wrote:</div>
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<div class="">Hi Roberto,
<div dir="auto" class=""><br class="">
</div>
<div dir="auto" class="">Do you think that there is connection between the recently US registered
<a href="http://EthosCapital.com" class="">EthosCapital.com</a> with the South African <a href="https://ethoscapital.mu/" style="font-family:sans-serif" class="">https://ethoscapital.mu</a>?<br class="">
<div dir="auto" class=""><br class="">
</div>
</div>
<br class="">
<br class="">
<div class="gmail_quote">
<div dir="ltr" class="gmail_attr">On Thu, Nov 14, 2019, 11:32 Roberto Gaetano <<a href="mailto:roberto_gaetano@hotmail.com" class="">roberto_gaetano@hotmail.com</a>> wrote:<br class="">
</div>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div style="word-wrap:break-word;line-break:after-white-space" class="">Folks,
<div class="">In spite of the fact that I used to be the Chair of PIR Board I do not have more information than what has been made public, but from what I read it seems to me that ISOC has sold PIR for a certain amount, and that amount is going to be invested
in other profitable businesses - or even bonds.</div>
<div class="">So, to my understanding, there is no link whatsoever remaining between PIR and ISOC. As a corollary, the ups and downs of .org - and generally the domain name market - will be irrelevant for ISOC, which explains the sentence "secure [ISOC’s] future
through more stable, diversified and sustainable financial resources”.</div>
<div class="">As for the future of PIR - and therefore .org - I would suggest reading carefully all the information in <a href="https://ethoscapital.mu/" target="_blank" rel="noreferrer" class="">https://ethoscapital.mu</a>. It will now be possible to do operations
that would not have been popular when PIR was linked to ISOC, but could make PIR even more profitable - vertical integration is the first thing that comes to my mind, possibly in conjunction with another registry-registrar aggregation that has a different
backend operator.</div>
<div class="">Incidentally, why would a non-profit organization "consider seeking B Corporation certification”? That, to me, would make sense only for for-profit organizations.</div>
<div class="">But it is just speculation from my paranoiac half.</div>
<div class="">Cheers,</div>
<div class="">Roberto</div>
<div class=""><br class="">
<div class=""><br class="">
<blockquote type="cite" class="">
<div class="">On 14.11.2019, at 12:58, Seun Ojedeji <<a href="mailto:seun.ojedeji@gmail.com" target="_blank" rel="noreferrer" class="">seun.ojedeji@gmail.com</a>> wrote:</div>
<br class="">
<div class="">
<div dir="auto" style="font-family:Helvetica;font-size:14px;font-style:normal;font-variant-caps:normal;font-weight:normal;letter-spacing:normal;text-align:start;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px;text-decoration:none" class="">
<div class="">
<div data-smartmail="gmail_signature" class="">Sent from my mobile<br class="">
Kindly excuse brevity and typos</div>
<br class="">
<div class="gmail_quote">
<div dir="ltr" class="gmail_attr">On Thu, 14 Nov 2019, 03:33 Justine Chew, <<a href="mailto:justine.chew@gmail.com" target="_blank" rel="noreferrer" class="">justine.chew@gmail.com</a>> wrote:<br class="">
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<div dir="ltr" class="">
<div class="gmail_default" style="font-family:arial,sans-serif;font-size:small">It is an outright sale of an asset, the proceeds of which go toward "an endowment fund" for ISOC projects/activities.</div>
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<div dir="auto" class="">
<div class="gmail_quote">
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<div dir="ltr" class="">
<div class="gmail_default" style="font-family:arial,sans-serif;font-size:small">No revenue sharing is involved.<br class="">
</div>
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</blockquote>
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<div dir="auto" class=""><br class="">
</div>
<div dir="auto" class="">SO: This actually is quite fuzzy, and I am not sure how this will be practically feasible. I am not sure what obligation will compel the new owner to adequately fund the endowment/ISOC since there is no revenue sharing agreements involved.</div>
<div dir="auto" class=""><br class="">
</div>
<div dir="auto" class="">Regards</div>
<div dir="auto" class="">
<div class="gmail_quote">
<blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-style:solid;border-left-color:rgb(204,204,204);padding-left:1ex">
<div dir="ltr" class="">
<div class="gmail_default" style="font-family:arial,sans-serif;font-size:small"><br class="">
The announcement indicated that all projects and operations will continue as is under new ownership. With its policy on public/community benefit presumably driven and overseen by Ethos Capital's Stewardship Council - I wonder who they will put on this Council.<br class="">
<br class="">
PIR under Ethos Capital will lose its non-for-profit status, so there might be financial implication not to ISOC but possibly PIR's existing .org customers/registrants.<br class="">
<br class="">
We shall see.</div>
<div class="">
<div dir="ltr" data-smartmail="gmail_signature" class="">
<div dir="ltr" class="">
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<div class="">
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<div class=""><font face="arial, sans-serif" class=""><br class="">
Justine </font><br class="">
-----</div>
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<div dir="ltr" class="gmail_attr">On Thu, 14 Nov 2019 at 10:21, Maureen Hilyard <<a href="mailto:maureen.hilyard@gmail.com" rel="noreferrer noreferrer" target="_blank" class="">maureen.hilyard@gmail.com</a>> wrote:<br class="">
</div>
<blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-style:solid;border-left-color:rgb(204,204,204);padding-left:1ex">
<div dir="auto" class="">As Eduardo said there are lots of unknowns at present. Who knows?</div>
<br class="">
<div class="gmail_quote">
<div dir="ltr" class="gmail_attr">On Wed, 13 Nov 2019, 3:02 PM Alan Greenberg, <<a href="mailto:alan.greenberg@mcgill.ca" rel="noreferrer noreferrer" target="_blank" class="">alan.greenberg@mcgill.ca</a>> wrote:<br class="">
</div>
<blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-style:solid;border-left-color:rgb(204,204,204);padding-left:1ex">
<div class="">Why will it have major implications on ISOC Chapters?<br class="">
<br class="">
Alan<br class="">
<br class="">
At 13/11/2019 02:52 PM, Maureen Hilyard wrote:<br class="">
<blockquote type="cite" class="">I know for sure that this was not even hinted at during the last PIR Advisory Council meeting.. but it will have major implications for the ISOC chapters. What are they/ISOC thinking?<br class="">
<br class="">
Maureen<span class=""> </span><br class="">
<br class="">
On Wed, Nov 13, 2019 at 7:59 AM Marita Moll <<a href="mailto:mmoll@ca.inter.net" rel="noreferrer noreferrer noreferrer" target="_blank" class="">mmoll@ca.inter.net</a>> wrote:<br class="">
<dl class=""><br class="">
<dd class="">Had we known this was lurking in the background -- which it most certainly was at the time -- it might have been a different discussion. How much did ISOC know and when did they know it -- a question ISOC chapters might want to ask.<br class="">
<br class="">
</dd><dd class="">Marita<br class="">
</dd><dd class="">-------- Forwarded Message --------<span class=""> </span><br class="">
</dd><dd class="">Subject: ISOC sells PIR<span class=""> </span><br class="">
</dd><dd class="">Date: Wed, 13 Nov 2019 17:38:29 +0000<span class=""> </span><br class="">
</dd><dd class="">From: Stephanie Perrin<span class=""> </span><a href="mailto:stephanie.perrin@MAIL.UTORONTO.CA" rel="noreferrer noreferrer noreferrer" target="_blank" class=""><stephanie.perrin@MAIL.UTORONTO.CA></a><span class=""> </span><br class="">
</dd><dd class="">Reply-To: Stephanie Perrin<span class=""> </span><a href="mailto:stephanie.perrin@MAIL.UTORONTO.CA" rel="noreferrer noreferrer noreferrer" target="_blank" class=""><stephanie.perrin@MAIL.UTORONTO.CA></a><span class=""> </span><br class="">
</dd><dd class="">To:<span class=""> </span><a href="mailto:NCSG-DISCUSS@LISTSERV.SYR.EDU" rel="noreferrer noreferrer noreferrer" target="_blank" class="">NCSG-DISCUSS@LISTSERV.SYR.EDU</a><span class=""> </span><br class="">
<br class="">
<br class="">
</dd><dd class=""> I must say, this casts the decision to drop price caps for .org in a slightly different light. I will keep you posted as I learn more.<br class="">
<br class="">
<br class="">
</dd><dd class=""><a href="https://www.businesswire.com/news/home/20191113005661/en/Ethos-Capital-Acquire-Public-Interest-Registry-Internet" rel="noreferrer noreferrer noreferrer" target="_blank" class="">https://www.businesswire.com/news/home/20191113005661/en/Ethos-Capital-Acquire-Public-Interest-Registry-Internet</a><span class=""> </span><br class="">
<br class="">
<br class="">
</dd><dd class="">Stephanie Perrin<br class="">
<br class="">
</dd><dd class="">NCSG Chair<br class="">
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