[council] FW: .Web reportedly auctioned for $135 million
Phil Corwin
psc at vlaw-dc.com
Thu Jul 28 20:57:52 UTC 2016
FYI-now we are talking about a truly serious endowment fund...
Jothan Frakes just posted on Facebook that the .Web last resort auction has concluded and that the gTLD sold for $135 million. The identity of the winning purchaser was not included.
If the report is correct, that means that the auction fund has just more than doubled to almost a quarter of a billion dollars, with its use yet to be determined by the ICANN community.
Philip S. Corwin, Founding Principal
Virtualaw LLC
1155 F Street, NW
Suite 1050
Washington, DC 20004
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Twitter: @VlawDC
"Luck is the residue of design" -- Branch Rickey
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