[registration-issues-wg] [CPWG] Fwd: ISOC sells PIR

Nadira Alaraj nadira.araj at gmail.com
Thu Nov 14 10:26:38 UTC 2019


Hi Roberto,

Do you think that there is connection between the recently US registered
EthosCapital.com with the South African https://ethoscapital.mu?



On Thu, Nov 14, 2019, 11:32 Roberto Gaetano <roberto_gaetano at hotmail.com>
wrote:

> Folks,
> 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.
> 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”.
> As for the future of PIR - and therefore .org - I would suggest reading
> carefully all the information in https://ethoscapital.mu. 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.
> Incidentally, why would a non-profit organization "consider seeking B
> Corporation certification”? That, to me, would make sense only for
> for-profit organizations.
> But it is just speculation from my paranoiac half.
> Cheers,
> Roberto
>
>
> On 14.11.2019, at 12:58, Seun Ojedeji <seun.ojedeji at gmail.com> wrote:
>
> Sent from my mobile
> Kindly excuse brevity and typos
>
> On Thu, 14 Nov 2019, 03:33 Justine Chew, <justine.chew at gmail.com> wrote:
>
>> It is an outright sale of an asset, the proceeds of which go toward "an
>> endowment fund" for ISOC projects/activities.
>>
> No revenue sharing is involved.
>>
>
> 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.
>
> Regards
>
>>
>> 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.
>>
>> 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.
>>
>> We shall see.
>>
>> Justine
>> -----
>>
>>
>> On Thu, 14 Nov 2019 at 10:21, Maureen Hilyard <maureen.hilyard at gmail.com>
>> wrote:
>>
>>> As Eduardo said there are lots of unknowns at present. Who knows?
>>>
>>> On Wed, 13 Nov 2019, 3:02 PM Alan Greenberg, <alan.greenberg at mcgill.ca>
>>> wrote:
>>>
>>>> Why will it have major implications on ISOC Chapters?
>>>>
>>>> Alan
>>>>
>>>> At 13/11/2019 02:52 PM, Maureen Hilyard wrote:
>>>>
>>>> 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?
>>>>
>>>> Maureen
>>>>
>>>> On Wed, Nov 13, 2019 at 7:59 AM Marita Moll <mmoll at ca.inter.net> wrote:
>>>>
>>>> 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.
>>>>
>>>> Marita
>>>> -------- Forwarded Message --------
>>>> Subject: ISOC sells PIR
>>>> Date: Wed, 13 Nov 2019 17:38:29 +0000
>>>> From: Stephanie Perrin <stephanie.perrin at MAIL.UTORONTO.CA>
>>>> <stephanie.perrin at MAIL.UTORONTO.CA>
>>>> Reply-To: Stephanie Perrin <stephanie.perrin at MAIL.UTORONTO.CA>
>>>> <stephanie.perrin at MAIL.UTORONTO.CA>
>>>> To: NCSG-DISCUSS at LISTSERV.SYR.EDU
>>>>
>>>>
>>>>  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.
>>>>
>>>>
>>>>
>>>> https://www.businesswire.com/news/home/20191113005661/en/Ethos-Capital-Acquire-Public-Interest-Registry-Internet
>>>>
>>>>
>>>>
>>>> Stephanie Perrin
>>>>
>>>> NCSG Chair
>>>>
>>>>
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