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> I'm sure they produce lots of interesting documents too but they appear to be minting it already. ICANN is a non-profit organization, they are definitely no

• jomamaxx 10y ago
  Just because an organization is 'not profitable' does not mean they are not efficient, and that there aren't stake holders raking it in. 'Non profit' means that investors are not making anything (there are none). But there are other stake-holders: suppliers, customers, other kinds of financiers (debtors, other financial services), vendors, executives and employees. They could feasibly be paying themselves 'significantly above market wages', they could be over-paying suppliers and vendors, and hiring far more people than they need, or otherwise operating very inefficiently. I'm not accusing ICANN of any of this - rather - I'm making the point that their position as 'non profit' doesn't necessarily absolve the organization of 'raking in a lot more money than they need' kind of thing.
  • jonknee 10y ago
    > Just because an organization is 'not profitable' does not mean they are not efficient, and that there aren't stake holders raking it in. Hence my linking to the financials so you can see who is "raking it in".