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by Rels
2343 days ago
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Exactly. And that's actually how the .org sell was justified. From http://www.circleid.com/posts/20191127_why_i_voted_to_sell_o... : "This transaction will put that bigger mission on a solid footing — so that the Internet Society can provide much more substantive help to nonprofits than merely leasing domain names, and with more continuity over time. While it's true that running .org provided a relatively steady income stream, it effectively staked most of our revenue on a single business, and required a certain amount of our resources to be spent managing that business, distracting from the broader mission. Especially as PIR has grown over time, this situation has become increasingly untenable. Establishing a more diverse portfolio of investments will allow us to have more predictable revenue over time, and to take a longer-range perspective when it comes to achieving our mission. " |
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